Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
GDS Express of Akron, Ohio, Closes Abruptly
AKRON, Ohio — GDS Express Inc., which has 75 tractor-trailers, abruptly closed a week before Christmas, leaving several drivers out on the road without paychecks or credit for fuel.
China Announces Tariff Cuts, More Competition in Markets
BEIJING — China will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development.
December 23, 20192019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance
If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.
2019: Hours-of-Service Rule, ELDs and Roads Dominated Political, Regulatory Concerns
For the trucking industry, 2019 was a year of transition, replete with regulatory victories and disappointments.
Virginia’s $3.7 Billion Rail Investment Intends to Ease Freight, Road Congestion
Virginia Gov. Ralph Northam has announced a partnership between the state and CSX to expand rail service for both freight and passengers.
2019 Top 10 Stories Reflect a Mixed Year for the Industry
Here are the 10 most-read stories on the Transport Topics website in 2019, based on Google Analytics.
December 20, 2019Volvo Taps Nils Jaeger to Lead Autonomous Unit
Volvo Group appointed Nils Jaeger president of its new autonomous solutions business unit.
December 20, 2019GSA Completes Major Border Facility Project
The General Services Administration recently completed a 10-year construction project at the San Ysidro Land Port of Entry, a bustling border crossing facility that links San Diego County and Tijuana, Mexico.
Trump Says ‘Formal Signing’ of China Trade Pact Is Being Arranged
The U.S. and China are arranging the formal signing of the first phase of a broader trade deal between the world’s two biggest economies, President Donald Trump said after discussions between him and his counterpart, Xi Jinping.
‘Fewer Than 30’ BNSF Employees in Iowa Furloughed
SIOUX CITY, Iowa — BNSF Railway, one of the largest freight railroad networks on the continent, has furloughed some of its Sioux City workers.