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.
Trucking Relies on Consumers, but Recession Fears Loom, Experts Say
PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persistent concerns about softening demand.
2nd Annual Fleet Management Benchmark Strategies
Join Descartes’ fleet experts for the highlights and findings from our second annual benchmark study. Learn how forward-thinking organizations are recognizing the evolving role and value of the fleet to differentiate their brand, enhance customer service, drive growth and bolster the bottom line.
October 17, 2019Truckers Advised to Watch for Invasive Spotted Lanternfly
Truckers doing business in counties under quarantine are playing an unwitting role in the spread of the spotted lanternfly.
J.B. Hunt’s Net Income Rises but Misses Earnings Expectations
J.B. Hunt Transport Services Inc. saw net income rise for the period ended Sept. 30, but the Lowell, Ark.-based carrier missed Wall Street earnings expectations.
UK, EU Reach Tentative Brexit Deal
BRUSSELS — Britain and the European Union finally reached a new tentative Brexit deal Oct. 17. British Prime Minister Boris Johnson now faces the Herculean task of selling the accord to his recalcitrant Parliament.
White House, Democrats Upbeat on USMCA Despite Impeachment Prospects
The White House and House Democrats are increasingly upbeat that the stalled U.S.-Mexico-Canada trade agreement can be amended and approved in Congress, despite the rancorous impeachment inquiry into President Donald Trump.
Florida DOT Surveys Stakeholders on Truck Parking Issues
The Florida Department of Transportation is conducting a survey to study truck parking issues.
Economic Slowdown Drags Union Pacific Q3 Profit Down 2%
Union Pacific released third-quarter financial results Oct. 16 that showed declines in net income and revenue, and also a quarterly record for operating ratio.
October 17, 2019Port of Seattle Partners With WeWork on Maritime Business Incubator
Port of Seattle is partnering with WeWork to attract younger workers to the maritime sector.
Farmers Blame Trump for Biofuels Rule They View as Betrayal
DES MOINES, Iowa — Agriculture commodity groups and some farmers expressed frustration and anger Oct. 16 with a rule released by the Environmental Protection Agency that they said fails to uphold a promise President Donald Trump made 12 days ago to fulfill the intent of an ethanol law passed by Congress.