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

Retail Sales Rise Moderately as Auto Buying Jumps

WASHINGTON — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales. But there also were signs that consumers have become more cautious.

Christopher Rugaber | Associated Press
September 13, 2019
Business, Technology, Safety, Autonomous

Volvo Improves Braking, Detection With Updated Driver Assist System

DUBLIN, Va. — Volvo Trucks North America introduced an updated version of its driver assistance system that increases the speed from which the brakes can stop the truck without driver input, and which improves the system’s recognition of when the driver switches lanes to avoid a vehicle in its path.

Joe Howard | Executive Editor
September 12, 2019
Business, Logistics

Amazon to Open Hub for Air Delivery in Fort Worth

Amazon is bringing its latest hub for air delivery to Fort Worth.

Jack Howland | Forth Worth Star-Telegram
September 12, 2019
Government, Business, Technology

Trump Advisers Consider Interim China Deal to Delay Tariffs

Trump administration officials have discussed offering a limited trade agreement to China that would delay and even roll back some U.S. tariffs for the first time in exchange for Chinese commitments on intellectual property and agricultural purchases, according to sources.

September 12, 2019
Business, Logistics

Walmart Rolls Out Grocery Delivery Subscription

NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.

Anne D’Innocenzio | Associated Press
September 12, 2019
Business, Logistics

Walmart Testing a Fulfillment Service for Vendors to Match Amazon

Walmart Inc., looking to generate more profit from its online unit, wants to start storing and shipping products for third-party vendors for the first time, just as rival Amazon.com Inc. has done for years.

Matthew Boyle | Bloomberg News
September 12, 2019
Business, Technology, Logistics

DHL Opens Chicago Innovation Center

CHICAGO — Chicago’s long history as a transportation and logistics hub is one of the reasons DHL North America selected the city for its third Innovation Center worldwide. The Americas Innovation Center, which opened Sept. 12, showcases technologies that already have provided significant productivity increases.

Dan Ronan | Senior Reporter
September 12, 2019
Government, Business, Technology

US, China Exchange Goodwill Gesture Ahead of Trade Talks

WASHINGTON — The United States and China traded conciliatory gestures, raising hopes they can de-escalate a standoff over trade that has shaken financial markets and cast gloom over the global economy.

Joe McDonald and Paul Wiseman | Associated Press
September 12, 2019
Government, Business, Equipment, Logistics

ACT Forecasts Imminent Slowdown in Class 8, Trailer Production

For those still wondering about the state of the commercial vehicle market in the United States, ACT Research during a webinar Sept. 11 delivered a forecast that conditions continue to deteriorate and that pullback in build rates for heavy-duty trucks and trailers is “imminent.”

Roger Gilroy | Senior Reporter
September 12, 2019
Government, Business, Technology

Biggest Battery System Inches N.Y. Toward 100% Green Energy Goal

The biggest battery system in New York is now storing electricity at a technology campus north of Albany to help stabilize the state’s power grid and reduce carbon emissions.

Christopher Martin | Bloomberg News
September 12, 2019