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, Fuel

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.

Nariman Gizitdinov | Bloomberg News
October 21, 2019
Business, Special Coverage

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, 2019
Business

2019 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, 2019
Business

Rinchem 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, 2019
Business, Technology, Logistics, Top 50

GlobalTranz 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, 2019
Business, Technology, Fuel, Logistics, Autonomous, Top 100

Dependable 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.

Mindy Long | Special to Transport Topics
October 18, 2019
Government, Business, Technology

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.

Joe McDonald | Associated Press
October 18, 2019
Business, Technology

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, 2019
Government, Business

IMF, 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.

October 18, 2019
Business, Technology, Equipment, Autonomous

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.

Roger Gilroy | Senior Reporter
October 18, 2019