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, Logistics

Two Years After Amazon Deal, Whole Foods Is Just $10 Cheaper

Amazon.com’s $13.7 billion purchase of Whole Foods Market spawned endless speculation about how the internet giant would change the upscale grocer. Two years later, we’ve got an answer: Ten bucks.

Matthew Boyle | Bloomberg News
July 10, 2019
Business, Safety

NTTC Driver of the Year Represents Strong Women in Trucking

After 34 years behind the wheel and more than 1.7 million safe-driving miles, Barb Herman, driver for K-Limited Carriers out of Toledo, Ohio, has proved that women do drive — and do it well.

Marissa Gamache | Features Coordinator
July 10, 2019
Government, Business, Technology, Fuel

EPA: Day Cabs Can Qualify for SmartWay Designation

Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.

Roger Gilroy | Senior Reporter
July 10, 2019
Business, Logistics, Top 100

YRC Appoints Jason Bergman Chief Customer Officer

Jason Bergman has been appointed chief customer officer for YRC Worldwide.

July 10, 2019
Business, Technology, Logistics

Tesla Readies Production Boost, Hints of Return to Hiring Mode

Tesla Inc. is poised to increase production at its California car plant and is back in hiring mode, according to an internal e-mail sent days after the company wrapped up a record quarter of deliveries.

Josh Eidelson | Bloomberg News
July 10, 2019
Business

Walcott Truckers Jamboree to Welcome Over 40,000 Attendees

The 40th anniversary event will be held July 11-13 at the Iowa 80 Truckstop, I-80 Exit 284. Festivities will include concerts, carnival games, firework shows, an antique truck display and a super truck beauty contest.

Savannah Kelley | Special to Transport Topics
July 10, 2019
Government, Business, Logistics

US, China’s Top Trade Officials Make First Contact Since Truce

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts as the two sides relaunch trade talks, marking the first high-level contact since their presidents agreed to a tentative truce last month.

Jenny Leonard | Bloomberg News
July 10, 2019
Business, Technology

Walmart Got a $10 Billion Surprise After Buying Flipkart

When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal.

Saritha Rai | Bloomberg News
July 10, 2019
Business, Safety, Fuel

Tropical Storm Barry in Gulf of Mexico Barrels Toward Louisiana

Oil and natural gas producers in the Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.

July 10, 2019
Business, Technology, Logistics

DHL Sees Life Sciences, Pharmaceuticals as Key to Growth

DHL Global Forwarding USA is rapidly moving to increase the amount of medical, life sciences and pharmaceutical freight — especially temperature-controlled items — it is forwarding around the world.

Dan Ronan | Senior Reporter
July 10, 2019