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.

Business, Technology, Equipment, Perspective

Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent

Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases.

September 16, 2019
Business, Safety

Companies, Organizations Honored National Truck Driver Appreciation Week

A photographic roundup of the ways in which American Trucking Associations and others thanked truckers during National Truck Driver Appreciation Week.

September 16, 2019
Government, Business, Technology, Safety

Insurers Eye Safety Technologies

As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry.

Fran Matso Lysiak | Features Editor
September 16, 2019
Business, Logistics, TCA

Shippers Sue Oregon Port Over Fee

An association representing oceangoing ships is suing the Port of Astoria in Oregon over its $300 fee for pier maintenance.

Edward Stratton | The Daily Astorian (Oregon)
September 16, 2019
Business, Logistics, TCA

Nestle to Close Illinois Distribution Facility

Nestle is closing a frozen food distribution facility in the Chicago suburb of Glendale Heights, Ill., and laying off 121 workers beginning in October.

Robert Channick | Chicago Tribune
September 16, 2019
Business, Safety

How ATA Celebrated National Truck Driver Appreciation Week

American Trucking Associations celebrated National Truck Driver Appreciation Week, which ran Sept. 8-14 and honors the trucking industry’s 3.5 million professional truck drivers, with a week of activities.  

September 16, 2019
Business, Technology, Safety

‘Safety First’ Is Crucial For Trucking, Insurance

Rising insurance costs for many motor carriers, a focus on safety technologies and regulatory changes on the horizon makes this the ideal time for Transport Topics to publish its first Trucking and Insurance Special Report.

Fran Matso Lysiak | Features Editor
September 16, 2019
Government, Business, Fuel

Volkswagen to Pay Up to $87 Million in Australia for Scandal

CANBERRA, Australia — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Sept. 16.

Rod McGuirk | Associated Press
September 16, 2019
Business

Auto Workers Strike Against GM in Contract Dispute

DETROIT — More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Sept. 16 as contract talks with the company deteriorated into a strike.

September 16, 2019
Government, Business, Fuel

Energy Prices Spike After Saudi Oil Attack

DUBAI, United Arab Emirates — Global energy prices spiked Sept. 16 after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was “locked and loaded” to respond.

Jon Gambrell | Associated Press
September 16, 2019