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

Jobless Claims Hit Three-Week Low

Applications for unemployment benefits in the U.S. unexpectedly declined to a three-week low despite a strike by General Motors Co. workers that continues to reverberate through supporting industries.

October 10, 2019
Government, Business, Breaking News

FMCSA Administrator Ray Martinez to Leave Post

Federal Motor Carrier Safety Administrator Ray Martinez will be leaving his position at the end of October.

Eleanor Lamb | Staff Reporter
October 10, 2019
Government, Business, Logistics

GM Strike Seen Forcing Credit Firms to Mull Action

The United Auto Workers union’s strike against General Motors Co. may force credit raters to take action and move the company closer to junk status, according to Bloomberg Intelligence.

Molly Smith | Bloomberg News
October 9, 2019
Government, Business, Logistics

Massive California Blackout Could Prevent Fires but at Big Cost

Even a brief blackout can be costly. Now California faces the experiment of finding what out happens economically when a modern metropolitan area goes without power — on purpose — for what could be days.

October 9, 2019
Government, Business, Technology

Regulators Want to Know if Cameras Should Replace Car Mirrors

Drivers in the U.S. may one day no longer have to crane their necks to check their blind spots if regulators agree to let high-tech cameras and screens replace the humble side-view mirror.

Ryan Beene | Bloomberg News
October 9, 2019
Government, Business, Technology, Equipment, Safety, Logistics

For ATA’s New Chairman Randy Guillot, Life and Work Are Family Affairs

NEW ORLEANS — Business was going quite well for family-owned Triple G Express Inc. during the summer of 2005, as the city best known for its 24-hour nightlife, vibrant live music scene and spicy Cajun cuisine also served as a great base of operations for the intermodal motor carrier and its decades-old less-than-truckload affiliate, Southeastern Motor Freight Inc.

Eric Miller | Senior Reporter
October 9, 2019
Government, Business, Technology, Safety, Perspective

New Chairman's Perspective: Connecting the Trucking Industry

From Randy Guillot: The business of moving freight is all about connection. The connection between shipper and carrier, between driver and vehicle, between technician and engine — all of these are critical.

Randy Guillot | Chairman, American Trucking Associations
October 9, 2019
Government, Business, Fuel

Small Ships Are Next Big Thing for LNG Market

Giant oceangoing tankers built the liquefied natural gas industry into a $150 billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size.

Anna Shiryaevskaya | Bloomberg News
October 9, 2019
Government, Business

Farms Face Long-Term Losses From Trump Trade War, Group Warns

U.S. farmers and agribusinesses face a rising threat of long-term losses in export sales as President Donald Trump’s trade war with China continues, Boston Consulting Group warned in a report.

Mike Dorning | Bloomberg News
October 9, 2019
Business, Technology, Equipment, Fuel, Top 100

UPS Invests $450 Million in CNG Trucks, Stations

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.

Roger Gilroy | Senior Reporter
October 9, 2019