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.
Shell Quits Kazakh Oil Projects After Judging Them Uneconomic
Royal Dutch Shell Plc abandoned two oil projects off Kazakhstan after stubbornly high costs made them uneconomic.
2019 NACV
Complete coverage of the North American Commercial Vehicle Show held at the Georgia World Congress Center in Atlanta, Oct. 27-31, 2019.
October 18, 20192019 NACV Photo Gallery
Photos from the 2019 North American Commercial Vehicle Show at the Georgia World Congress Center in Atlanta, held Oct. 27-31, 2019.
October 18, 2019Rinchem Co. Acquires Carolina Tank Lines
Chemical management services company Rinchem Co. announced it acquired Carolina Tank Lines, a carrier based in Burlington, N.C.
October 18, 2019GlobalTranz Acquires Global Freight Solutions
Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.
October 18, 2019Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability
ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.
China’s Economic Slowdown Deepens, Weighing on Global Growth
BEIJING — China’s economic growth sank to a new multidecade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy.
Transfix Launches Two Load Options for Carriers
Digital freight-broker Transfix announced two updates to its platform: My Lanes, a product that recommends freight based on carrier preferences; and Reserved Loads, which it referred to as the industry’s first exclusive-access freight program for “exceptional” carriers.
October 18, 2019IMF, World Bank Leaders Appeal for End to Trade Wars
WASHINGTON — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries Oct. 18 to resolve widening disagreements on trade and other issues, warning that the divisions threatened to make the consequences of a global slowdown even worse.
Volvo Reports Modest Gains in Q3 Net Income, Revenue
Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.