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.
Ideas Abound to Fix Michigan Roads
Negotiations are well underway in Michigan government as legislative Republicans and Gov. Gretchen Whitmer look to reach a compromise on the state budget, an issue closely tied this year to finding more money for fixing the roads.
Cargo Thefts Down 14% in Q2; Food, Beverages Most Targeted
Cargo thefts are down 14% in the second quarter of 2019, with 150 incidents in the United States and Canada, according to CargoNet, a subsidiary of Verisk Analytics Inc. of Jersey City, N.J.
Most of the Nation’s Ports Report Strong July
Most of the nation’s largest seaports are reporting record cargo volume amid stalled trade negotiations between the United States and China.
How to Improve Efficiency & Flexibility Within Your Carrier Relations
As the capacity tides continue to shift, it's more important than ever to improve and manage carrier relations more efficiently. Join industry experts from Giltner, Inc. and Descartes MacroPoint as they share their experiences and advice on how to stay flexible while maintaining margins through the volatile freight market ahead.
August 22, 2019Amazon Spends $15 Billion to Help Merchants in Charm Offensive
Amazon.com, criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales.
China Warns US Tariffs Will ‘Escalate Trade Friction’
BEIJING — China appealed to Washington on Aug. 22 to “meet each other halfway” and settle a trade war instead of going ahead with planned tariff hikes that Beijing warned will trigger retaliation.
Hino’s New Truck Plant Opens in West Virginia
Hino Motors Manufacturing U.S.A. Inc. on Aug. 21 announced the opening of its nearly 1 million-square-foot medium- and heavy-duty truck manufacturing plant in Mineral Springs, W.Va., adding it would increase investment there.
Wisconsin Utility Offers Cash for Electric Vehicle Drivers Who Join Lyft
MADISON, Wis. — Madison Gas & Electric is partnering with Lyft to promote the use of electric vehicles.
P.A.M. Posts Higher Second Quarter Net Income
P.A.M. Transportation Services Inc. reported higher net income and a dip in revenue in the second quarter amid improved operating ratios in its divisions.
VW Denies Report CEO Is Interested in Buying Stake in Tesla
Volkswagen AG denied a report that its chief executive officer would be interested in buying a stake in Tesla Inc., calling it unfounded speculation.