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

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
Business

‘Back-Loaded’ Hurricane Season Bearing Down on US Coast

Don’t be lulled by a quiet June and July, the real Atlantic hurricane season is about to kick off.

Brian K. Sullivan | Bloomberg News
August 15, 2019
Business, Top 100

Celadon Gets $165 Million Infusion From Luminus Management

An investor that helped Celadon Group Inc. refinance its debt has acquired nearly half of the company through a $165 million deal that the motor carrier said will help it move forward with its turnaround plans.

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

Skilled Drivers’ Early Impressions: Written Exam ‘Easy,’ Course ‘Doable’

PITTSBURGH — The first competitive leg of the National Truck Driving Championships — the written exam — set the Super Bowl of Safety in motion Aug. 14.

Eleanor Lamb | Staff Reporter
August 14, 2019
Government, Business, Logistics

53-Foot Domestic Containers From China Not on Tariff List

The 53-foot containers that are vital to the movement of goods into the United States from overseas have been removed from a list of items that would be subject to tariffs on goods arriving from China, the Office of the U.S. Trade Representative said Aug. 13.

Eugene Mulero | Senior Reporter
August 14, 2019
Government, Business, Fuel

Energy Stocks in Canada ‘Decoupling’ From Oil Seen as Worst Ever

The days when energy stocks and the price of oil moved in lockstep are now few and far between. In Canada, it’s the worst divergence on record.

Michael Bellusci | Bloomberg News
August 14, 2019
Business, Equipment

Class 8 Orders in July Sink to Lowest Level Since 2010

Class 8 orders were down to their lowest level since 2010 in July, according to ACT Research.

Jim Stinson | Staff Reporter
August 14, 2019
Government, Business, Safety

North American Inspectors Championship Kicks Off

PITTSBURGH — The 51 commercial vehicle inspectors from the U.S., Canada, and Mexico received a rousing start to the beginning of the North American Inspectors Championship, held in conjunction with the National Truck Driving Championships.

Dan Ronan | Senior Reporter
August 14, 2019
Government, Business, Fuel

Trump Plans to End Methane Curbs That Oil Companies Want to Keep

The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.

Jennifer A. Dlouhy | Bloomberg News
August 14, 2019
Business, Safety

Setting the Stage for NTDC 2019

What's on tap for NTDC 2019? Transport Topics reporter Eleanor Lamb gives you a preview of what to expect as the nation's top truck drivers gather for the 2019 National Truck Driving Championships at the David L. Lawrence Convention Center in Pittsburgh. (Marissa Gamache/Transport Topics)

August 14, 2019