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.
EU Eyes $4 Billion Tariff Strike to US
The European Union is weighing an aggressive new approach to its trade dispute with the U.S., signaling a willingness to engage in the combative tactics embraced by President Donald Trump and risking a further deterioration in transatlantic relations.
Partnership Aims to Tackle Human Trafficking in Canada
Truckers Against Trafficking, a group that educates members of the trucking industry about combating human trafficking, has formed a partnership to expand its work into Canada.
California Drivers May See $4 a Gallon at the Gas Pump
California drivers soon may pay $4 a gallon at the pump after refinery upsets pushed up the wholesale market in San Francisco to the strongest level in almost seven years.
Ex-Uber Engineer Anthony Levandowski Publicly Rebuts Theft Claims
Former Uber Technologies Inc. engineer Anthony Levandowski broke his long silence about allegations that he stole driverless vehicle technology from Alphabet Inc.’s Waymo unit to say that he didn’t do it.
Perspective: Appreciating the Journey as Chairman
Barry Pottle writes: One of the things I’ve learned about trucking is you need to appreciate the journey. It was a lesson I took to heart at 18 when I started my career in this industry as an owner-operator, and one that served me well in my time as American Trucking Associations chairman.
Continental to Cut Jobs, Close Factories in 10-Year Overhaul
Continental AG mapped out a sweeping restructuring plan set to last a decade that will affect as many as 20,000 jobs worldwide, part of the German manufacturer’s effort to restore profits while enduring sluggish vehicle production in key markets.
Walgreens, FedEx Express Partner With Google Parent on Drones
Wing Aviation, a subsidiary of Alphabet Inc., said it is collaborating with FedEx Corp.’s Express division and pharmacy retailer Walgreens to launch a drone-delivery service in Christiansburg, Va.
Charges Reduced for Three Truck Drivers Hauling Legal Hemp Through Idaho
Three truck drivers arrested on felony marijuana trafficking charges in the past 18 months for hauling loads of legal hemp through Idaho have agreed to plead guilty to misdemeanors in return for suspended jail sentences and fines.
ATA, DAT Freight Indexes Show Solid Growth; Cass Points Down
Two of the three major monthly freight indexes showed positive trends in August, leading economists to downplay fears the trucking industry is heading into a downturn leading up to the holiday shipping season.
Universal Postal Union Rejects Trump’s Favored Reform Plan
In a showdown Sept. 24 at a Universal Postal Union meeting, countries rejected the Trump administration’s favored approach to an international mail problem that is making the U.S. consider leaving the 145-year-old body.