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, Fuel

Iran Oil Tanker Released by Gibraltar as US Eyes Detention

Iran is racing to return an oil supertanker to international waters after a Gibraltar court determined it couldn’t wait for the United States to take action that would prolong the six-week detention of the vessel for allegedly violating trade sanctions.

August 15, 2019
Business, Safety

NTDC Drivers Reflect on Exam

We asked drivers what they thought of how they did on the written exam at NTDC. Here's what they had to say.

August 15, 2019
Government, Business, Safety

FMCSA’s Ray Martinez Discusses HOS, Engagement, Training

PITTSBURGH — Federal Motor Carrier Safety Administration chief Ray Martinez encouraged members of the trucking industry to provide honest and detailed comments on the recently released notice of proposed rulemaking on hours-of-service regulations.

Eleanor Lamb | Staff Reporter
August 15, 2019
Business, Safety

Less Pain, More Gain: How Safety Culture Drives Operational Efficiency

Musculoskeletal disorders (MSD’s) are the most common injuries among transportation, shipping and logistics workers, costing U.S. companies $31 billion annually according to the 2019 Liberty Mutual Safety Index. This session will explore proven techniques for preventing strains, sprains, back injuries and other MSD’s, forging a culture that reduces costs while driving operational efficiency.

August 15, 2019
Government, Business

Senators Tout VMT Absent Fix for Highway Trust Fund

A $287 billion highway bill the Senate Environment and Public Works Committee easily advanced last month is notable for several big-picture proposals.

Eugene Mulero | Senior Reporter
August 15, 2019
Business, Breaking News

Don Daseke Steps Down as CEO of Daseke Inc.

Don Daseke, chairman and CEO of Daseke Inc., will retire from the company effective immediately.

Jim Stinson | Staff Reporter
August 15, 2019
Business, Equipment

July Class 8 Sales Top 25,000 for Year’s Highest Volume

U.S. Class 8 retail sales in July topped 25,000, the highest volume this year, and extended a string of year-over-year gains that began two years earlier, WardsAuto.com reported.

Roger Gilroy | Senior Reporter
August 15, 2019
Business

Walmart Delivers in Second Quarter

NEW YORK — Walmart raised its annual outlook after a strong second quarter for the world’s largest retailer, thanks in part to strong online grocery deliveries.

Anne D’Innocenzio | Associated Press
August 15, 2019
Business, Safety

Trucking Leaders Rally Crowd at NTDC Breakfast of Champions

PITTSBURGH — American Trucking Associations President Chris Spear and other trucking industry leaders rallied the crowd of drivers and inspectors with a message of pride and professionalism at the Breakfast of Champions on Aug. 15, officially kicking off the 2019 National Truck Driving Championships.

Eleanor Lamb | Staff Reporter
August 15, 2019
Government, Business

China Signals US Tariff Delay Not Enough to Stop Retaliation

China called planned U.S. tariffs on an additional $300 billion in Chinese goods a violation of accords reached by Presidents Donald Trump and Xi Jinping, signaling an American move earlier this week to delay some of those levies was not enough to stave off retaliation.

August 15, 2019