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

ATRI Opens Industry Issues Survey

The American Transportation Research Institute is accepting comments and concerns from trucking industry representatives.

Eleanor Lamb | Staff Reporter
July 29, 2019
Government, Business, Logistics

US-China Talks Set to Resume as Neither Seems Eager for Deal

Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.

July 29, 2019
Business, Technology

Lithium Boom Is Coming, Just not Overnight

Lithium miners are bulking up for a booming future when electric cars go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in China.

Laura Millan Lombrana | Bloomberg News
July 29, 2019
Business, Logistics, Perspective

Perspective: Dealing With Specialty Goods When Consumers Expect Overnight Delivery

Given the robust demand for purchasing nonconveyable goods online — items such as exercise equipment and designer furniture — there exists for capable logistics providers a significant market opportunity.

Adam Fields | Founder and CEO, ARTA
July 29, 2019
Government, Business

Port of Oakland Says Exports to Other Asian Nations Surge Due to China Tariffs

While the United States is in the middle of tough trade negotiations with China, and both economic powers have imposed tariffs on products entering their countries, other Asian nations and one U.S. port appear to be benefiting.

Dan Ronan | Senior Reporter
July 26, 2019
Business, Logistics, Top 100

Forward Air Sets Revenue Record in 2Q

Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Logistics, Top 100

TFI International Reports Record Operating Income for 2Q

TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.

Jim Stinson | Staff Reporter
July 26, 2019
Government, Business, Technology, Safety

Senate Committee to Review PTC Implementation Status July 31

The Senate Commerce Committee on July 31 will hear from freight rail industry stakeholders about the status of automatic braking technology.

Eugene Mulero | Senior Reporter
July 26, 2019
Business, Logistics

Amazon’s Spending on One-Day Delivery Dents Profit, Trims Forecast

Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.

July 26, 2019
Government, Business

Growth Slows to 2.1%, Beating Estimates

U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports underscored the risks spurring the Federal Reserve toward an interest-rate cut July 31.

Katia Dmitrieva | Bloomberg News
July 26, 2019