Business

About Business News...

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.

Government, Business, Technology

Trump Says China Signals Trade Talks on Target for November Deal

President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile.

October 21, 2019
Government, Business

World’s Priciest Oil Auction May Raise $50 Billion in Brazil

An auction next month of oil fields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.

Sabrina Valle | Bloomberg News
October 21, 2019
Government, Business, Technology

Infrastructure Advocacy Caucus Gives Voice to the Future

With the launch of the Future of Transportation Caucus, some members of Congress hope to shift the focus of transportation debates from funding to policy. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
October 21, 2019
Government, Business, Fuel, TCA

Japan Rushes to Establish LNG Bunkering Hub

A United Nations-led call for action to tighten sulfur oxide emissions also may be a trigger accelerating a shift to natural gas as fuel for the global shipping fleet, and Japan is wasting no time trying to establish a refueling hub in Asia.

Osamu Tsukimori | Japan Times (Tokyo)
October 21, 2019
Government, Business, Safety

US House Members Propose Reforms to Infrastructure Construction Process

Legislation that seeks to advance infrastructure projects through innovative and open competition among suppliers recently was introduced by a bipartisan group of policymakers in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
October 21, 2019
Business, Equipment

Ervin Equipment Announces C-Level Appointments

October 21, 2019
Business, Logistics

TA Logistics Teams With Other TFI Subsidiaries

TA Logistics is expanding its service footprint by linking up with sister companies under the parent company, TFI International Inc., according to an Oct. 15 news release.

October 21, 2019
Business, Technology, Autonomous

FedEx Completes First Commercial Drone Delivery

FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.

October 21, 2019
Government, Business, Logistics

Russia Willing to Pay to Lure Shippers to the Arctic

Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.

October 21, 2019
Business, Technology

Global Container Terminals Joins TradeLens Blockchain Platform

Global Container Terminals Inc., a North American container terminal operator, has joined the TradeLens supply chain platform, which uses blockchain technology, according to an Oct. 17 news release.

October 21, 2019