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.
Daseke Plans Pivot of Cutting Costs, Adding Council of CEOs
SAN DIEGO — Daseke Inc. is launching a series of business improvement plans that includes an internal council of CEOs from flatbed carriers it owns, and that targets reducing operating ratios and cutting costs at its Addison, Texas, headquarters, company executives told Transport Topics.
Chinese Tariffs Hit US Car Sales, Jobs in Trade-Heavy Counties
In the trade war with the U.S., China’s tariffs have targeted agricultural goods for a couple main reasons: They make up a large proportion of U.S. exports to China, but also because they strike at the heart of President Donald Trump’s base of support in farm country.
October 8, 2019FlowBelow to Provide AeroSlider Trailer Kits for Mesilla Valley Transportation
SAN DIEGO — FlowBelow Aero Inc. has landed a commitment from Mesilla Valley Transportation to equip its trailers with its AeroSlider attachments that fit between the rear wheels. The announcement was made Oct. 7 at American Trucking Associations' Management Conference & Exhibition.
Reliable Federal Funding Will Enhance Freight Transportation System, TRIP Report Says
In “America’s Rolling Warehouses: Opportunities and Challenges with the Nation’s Freight Delivery System,” the Washington, D.C.-based group TRIP concluded that significant sustainable funding at the federal level will be key to enhancing connectivity along freight corridors in the coming years.
GM Strike Sends Another Knock to Wobbly US Steel Sector
With its midyear recovery already in doubt, the American steel industry now has a little more to worry about with each passing day a strike drags on at General Motors Co.
China Criticizes US Tech Curbs but Trade Talks Going Ahead
BEIJING — China demanded Washington lift newly imposed sanctions on Chinese tech companies but said Oct. 8 envoys will go ahead with a U.S. trip for trade talks despite the latest spike in tensions.
Nissan Appoints Head of China Business to Be New CEO
TOKYO — Nissan has tapped the head of its China business, Makoto Uchida, as its new president and CEO to help lead a recovery from the leadership crisis and sinking profitability that followed the arrest of former Chairman Carlos Ghosn last year.
Luke Bryan, Maddie & Tae Entertain Trucking Execs at Freightliner Dinner
SAN DIEGO — Country music superstar Luke Bryan and award-winning duo Maddie & Tae were the surprise entertainment at the 2019 Freightliner Trucks customer appreciation event.
US Small-Business Optimism Drops to Near Lowest Mark of Trump Era
U.S. small-business sentiment fell to near the lowest level of Donald Trump’s presidency, as tariffs and economic uncertainty increasingly weigh on the outlook for owners across the country.
Trucking Grapples With Impact of Legalized Marijuana
SAN DIEGO — The trucking industry needs to get out in front of the challenges it faces with the growing legalization of marijuana, according to the co-chairman of an American Trucking Associations working group studying the impact of controlled substances.