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, Safety

New Jersey Steps Up Efforts to Identify Misclassified Workers

The New Jersey Department of Labor and U.S. Department of Labor signed a joint agreement to step up efforts to protect employees, including truck drivers, from illegal misclassification as independent contractors.

Eric Miller | Senior Reporter
August 20, 2019
Business, Technology

Peterbilt Adds Technician Institute Campus

Peterbilt Motors Co. announced the opening of its fifth Peterbilt Technician Institute campus, in Rancho Cucamonga, Calif.

August 20, 2019
Business, Fuel

Oil Steadies as US-China Trade Progress Allays Demand Concerns

Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.

August 20, 2019
Business, Equipment

Dex Opens Parts Facility in Oklahoma City

Dex Heavy Duty Parts, a Volvo Group subsidiary and supplier of recycled, renovated and surplus medium- and heavy-duty truck parts, announced the opening of its facility in Oklahoma City.

August 19, 2019
Business, Safety

2019 NTDC Awards Ceremony

Check out video of the winners in each of the nine classes and hear Grand Champion Scott Woodrome's victory speech.

Marissa Gamache | Features Coordinator
August 19, 2019
Government, Business

Dollar Soars to 2019 High Even as Trump Laments Its Strength

The ascent of the dollar is proving almost unstoppable. While U.S. President Donald Trump lamented its strength on Twitter, the greenback continued to surge Aug. 19, taking a Bloomberg index of the U.S. currency to its highest level of 2019.

August 19, 2019
Government, Business, Fuel

Diesel Falls 1.7¢ to $2.994 in Sixth Consecutive Decline

The U.S. average retail price of diesel dropped 1.7 cents to $2.994 a gallon, the Department of Energy reported Aug. 19. Crude oil prices lifted moderately to pass $56 a barrel as U.S.-China trade tensions eased somewhat, while a drone attack on an oil field in Saudi Arabia rekindled concerns over the oil supply chain.

Roger Gilroy | Senior Reporter
August 19, 2019
Business, Equipment

Lippert Introduces 10-Inch Sleeper Series Mattress

Lippert Components Inc. announced its latest Somnum Sleeper Series mattress for the heavy-truck market.

August 19, 2019
Government, Business, Safety

2019 NTDC Videos

Sights and sounds from the state truck driving championships.

August 19, 2019
Government, Business, Logistics

Trump Says US Is Talking With China but Not Ready for Deal

President Donald Trump said the United States is “doing very well with China, and talking!” but suggested he wasn’t ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for the resumption of substantive discussions with Beijing.

August 19, 2019