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.
Natural Gas Nears $2 Amid Work on Largest US Export Terminal
Natural gas futures slid toward $2 per million British thermal units, a level that hasn’t been breached in three years, as fading summer heat and maintenance on the largest U.S. export terminal leave the market struggling to absorb a barrage of supply from shale basins.
Senate Confirms Robert Sumwalt, Jennifer Homendy to NTSB
Robert Sumwalt and Jennifer Homendy were confirmed by the Senate on Aug. 1 to continue serving on the National Transportation Safety Board.
New York Gov. Andrew Cuomo Announces $206 Million for Freight Projects
New York Gov. Andrew Cuomo has announced $206 million will be devoted to freight-related projects across the state.
Walmart, Target Minimum Wage Hikes Drive Average US Retail Pay
Despite an industry shakeout that has been dubbed the retail apocalypse, store workers who have hung in there are seeing better pay than a generation ago, even with inflation.
Services Join Factories With Slowest Growth Since 2016
A gauge of service industries declined in July to an almost three-year low as orders continued to cool, indicating a sluggish start to the third quarter for the biggest part of the economy.
China Halts Crop Imports, Weakens Yuan
China responded to President Donald Trump’s tariff threat with another escalation of the trade war Aug. 5, asking state-owned companies to suspend imports of U.S. agricultural products.
August 5, 2019Cancer Survivor’s Road to Recovery Culminates With Trip to NTDC
Kevin Mailand’s biggest challenge en route to winning Grand Champion honors at the 2019 Kansas Truck Driving Championships was getting to Topeka in the first place. Five years earlier, he was diagnosed with Stage 3 esophageal cancer.
NTDC Promises Packed Schedule, Tough Course for Top Truckers
Hundreds of top truck drivers soon will descend on Pittsburgh for the 82nd annual National Truck Driving Championships.
How One State Brought Its Truck Driving Championship Back to Life
Since 2009, when the Ohio Truck Driving Championships returned to the hands of the Ohio Trucking Association, the competition not only has been a success with drivers, it has turned into a self-sustaining event.
CVSA Prepares for Annual Inspectors Championship
As the nation’s top truck drivers prepare to convene in Pittsburgh for the National Truck Driving Championships, another group of safety professionals — law enforcement officers — will meet in the same city for its own competition.