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

China’s Soy-Buying Spree May Signal Prudence Before Talks

Chinese firms have been snapping up U.S. soybeans this week, but don’t mistake this as a sign of buyer confidence in upcoming trade talks.

October 3, 2019
Government, Business

Weak Jobs Outlook Echoes Disaster-Hit Months

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.

Katia Dmitrieva | Bloomberg News
October 3, 2019
Business, Top 100

Pepsi Says Higher Prices Haven’t Quenched Consumer Demand

PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown.

Craig Giammona | Bloomberg News
October 3, 2019
Government, Business

US to Put Tariffs on European Planes, Whiskey After WTO Ruling

President Donald Trump got the go-ahead from the World Trade Organization to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. The award is the largest in WTO history.

Bryce Baschuk | Bloomberg News
October 3, 2019
Government, Business, Technology, Safety, Autonomous

Tesla’s Summon-Your-Car Feature Spurs Safety Inquiry

The top U.S. road-safety regulator is gathering information about a Tesla Inc. feature that allows customers to remotely call for their car to pick them up.

Dana Hull | Bloomberg News
October 3, 2019
Business, Technology

Tesla Sets Deliveries Record While Falling Short of Elon Musk’s Mark

Tesla Inc. set another record for quarterly vehicle deliveries but fell short of a mark Elon Musk said was possible last week, sending the electric carmaker’s shares lower in late trading.

Dana Hull | Bloomberg News
October 2, 2019
Business, Technology, Equipment

CEO John Smith Steers FedEx Freight Toward E-Commerce Growth

FedEx Freight CEO John Smith sat down with Transport Topics editors and reporters to share his insights on the company and the trucking industry at large in the second installment of the "Accelerators" series.

October 2, 2019
Government, Business, Logistics

Port Officials Say Even With Trade Uncertainty, Now Is Time to Expand

U.S. seaports are investing in larger cranes and deepening channels to remain competitive.

Dan Ronan | Senior Reporter
October 2, 2019
Business

GM and Ford Can’t Shake Anguish Over US Sales

General Motors Co. posted a quarterly sales gain, and Ford Motor Co. sales fell less than expected. But both are having trouble shrugging off concerns that the U.S. auto market is taking a turn for the worse.

October 2, 2019
Business

Want More Female Drivers? Include Them in Ads, Experts Say

DALLAS — Companies can attract female drivers by showcasing women on the job in their advertisements, according to experts assembled at the Women In Trucking Association’s annual conference.

Eleanor Lamb | Staff Reporter
October 2, 2019