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.

Business, Safety

Demystifying the NTDC Scoring Process

The National Truck Driving Championships involves a considerable amount of fanfare, including a rousing breakfast, a parade of equipment and a celebratory awards ceremony. However, there’s a less flashy (but no less important) aspect of NTDC that receives little attention: the scoring process.

Eleanor Lamb | Staff Reporter
August 5, 2019
Business, Safety

2019 North American Inspectors Championship Competitors

Here's the list of inspectors competing at the 2019 North American Inspectors Championship.

August 5, 2019
Business

2019 Transportation Management Strategies of Top Performers eBook

The results are in! Our 3rd annual Transportation Management Survey findings provide an inside look at the growing importance of transportation management. Understand what top trends are affecting industry leader’s tactics and use of technology in relation to financial performance.

August 5, 2019
Government, Business

Trump Praises Deal to Increase US Beef Exports to Europe

President Donald Trump on Aug. 2 praised a previously announced deal that will open up the European Union to more U.S. beef after the bloc carved out quotas previously granted to other nations.

August 2, 2019
Business, Logistics

Amazon Loses ‘Last Bear’ Among Stock Analysts

Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”

Matt Day | Bloomberg News
August 2, 2019
Business, Fuel

Chevron Earnings Jump on Permian Output, Andarko Breakup Fee

Chevron Corp. posted strong production growth from the Permian Basin combined with a stabilization in its refining operations to beat earnings estimates in the second quarter.

Kevin Crowley | Bloomberg News
August 2, 2019
Government, Business, Fuel

Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil

U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays.

Robert Tuttle | Bloomberg News
August 2, 2019
Government, Business, Logistics

Commodities Roiled as Trump Pours Gasoline on Trade War Inferno

Raw materials are reeling after President Donald Trump threatened new tariffs on Chinese goods, dashing hopes that the two sides might soon negotiate an end to the trade war that’s sapping global growth and demand for commodities.

August 2, 2019
Business, Logistics

Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets

Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.

Christian Wienberg | Bloomberg News
August 2, 2019
Business, Logistics

XPO Reports Mixed 2Q Financials

Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the second quarter Aug. 1.

Dan Ronan | Senior Reporter
August 2, 2019