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, Technology, Safety

PrePass Expands to Include Canadian Province

PrePass, a truck weigh station bypass platform with more than 620,000 trucks enrolled, has expanded into Canada.

August 26, 2019
Business, Technology, Logistics

Deliveright Logistics Expands Service to West Coast, South

Deliveright Logistics, a final-mile delivery network for heavy goods, announced on Aug. 20 service has expanded to the West Coast, Alabama, Arkansas, Mississippi, Tennessee and northern Florida.

August 26, 2019
Business, Equipment

Myers Industries Acquires Tuffy Manufacturing Industries

Myers Industries Inc. has acquired the assets of Tuffy Manufacturing Industries Inc., a warehouse distributor of tire repair equipment and supplies.

August 26, 2019
Business, Technology

123Loadboard Launches New App Version

123Loadboard, a freight-matching technology company, launched its next-generation version of its loadboard mobile app, the company said in an Aug. 20 news release.

August 26, 2019
Government, Business, Equipment

BMW, Mercedes-Benz Ensnared Again in US-China Trade War

When China responded to President Donald Trump’s trade war with an extra 25% tariff on U.S.-made cars in mid-2018, the move cut the number of vehicles exported from America by half.

August 26, 2019
Government, Business, Fuel

Iran Says Oil Aboard Tanker Pursued by US Sold to Unnamed Buyer

TEHRAN, Iran — Iran on Aug. 26 announced that the 2.1 million barrels of crude aboard an Iranian oil tanker pursued by the United States have been sold to an unnamed buyer as the ship, at the center of a crisis roiling the region, continued its voyage in the Mediterranean Sea.

Nasser Karimi | Associated Press
August 26, 2019
Business, Technology

Amazon Joins Walmart in Blaming Tesla Solar Panels for Fires

Amazon.com said a June 2018 blaze on the roof of one of its warehouses in Redlands, Calif., involved a solar system that Tesla’s SolarCity division installed.

Dana Hull and Matt Day | Bloomberg News
August 26, 2019
Government, Business

Durable Goods Orders Rise 2.1% in July

WASHINGTON — Orders to U.S. factories for large manufactured goods rose for the second straight month, but the strength again came from a big increase in the volatile aircraft category.

Matt Ott | Associated Press
August 26, 2019
Business, Technology

Descartes Acquires BestTransport.com

Descartes Systems Group announced it acquired BestTransport.com Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors. It was the company’s fourth acquisition this year.

Jim Stinson | Staff Reporter
August 26, 2019
Government, Business

Trump Claims Serious Trade Negotiations With China to Begin

BIARRITZ, France — President Donald Trump, facing pressure to scale back a U.S.-China trade war contributing to a global economic slowdown, claimed Aug. 26 that serious talks will begin soon, although another round has been expected in Washington in September.

August 26, 2019