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.
ATRI Opens Industry Issues Survey
The American Transportation Research Institute is accepting comments and concerns from trucking industry representatives.
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, 2019Lithium 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.
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.
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.
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.
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.
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.
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.
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.