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

Rhode Island's David Lumpkin Earns First Grand Champion Honor, but He’s Thinking About His Son

The father-son duo of David Lumpkin and Stephen Lumpkin are returning to the National Truck Driving Championships, but David — the Rhode Island Grand Champion — is grateful that this time they'll be competing in different classes.

Aaron Perryman | Associate Editor
June 24, 2019
Government, Business

Soybeans May Be Next Market to Surge as Wet Weather Drags On

Corn prices have been on an epic run. Now, soybeans could soon be catching up.

Michael Hirtzer | Bloomberg News
June 24, 2019
Business, Technology, Fuel

Chevron, California Bioenergy to Produce Biomethane

Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state.

June 24, 2019
Business, Logistics

Hudson Hill Forms Fusion Transport From Two Acquisitions

Hudson Hill Capital, a private investment firm, has acquired majority stakes in Global Transport Logistics Inc. and Am Trans Expedite Inc. to form Fusion Transport.

June 24, 2019
Government, Business, Safety

Michigan Transportation Bills Focus on Taxes, Truck Tolling

Democrats in the Michigan House of Representatives have introduced transportation funding bills that would place additional taxes and tolls on trucks.

Eleanor Lamb | Staff Reporter
June 24, 2019
Business, Technology

ERoad Reaches Production Milestone

ERoad recently installed its 100,000th telematics unit, according to a company press release.

June 24, 2019
Government, Business, Technology

Daimler’s New Leaders Confront Old Issues as Diesel Bites

Just one month into the job, Daimler AG’s new executive duo is unearthing skeletons from the diesel-scandal era, hobbling the move toward an electric future with a crisis that erupted almost four years ago.

Christoph Rauwald | Bloomberg News
June 24, 2019
Government, Business, TCA

Georgia Ports Chief Warns Chinese Tariffs Could Cost State Millions

WASHINGTON — The head of the Georgia Ports Authority is warning that the Trump administration’s latest round of proposed Chinese tariffs could take a nearly $18 million bite out of the state’s booming ports.

Tamar Hallerman | The Atlanta Journal-Constitution
June 24, 2019
Government, Business, Equipment

Supreme Court Refuses to Hear Challenge to Trump’s Steel Tariffs

The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda.

Greg Stohr | Bloomberg News
June 24, 2019
Business, Technology, Equipment, Safety

Fleets Must Choose Tire Inflation, Monitoring Systems That Work Best for Their Operations, Industry Representatives Say

Blown-out, flat or damaged tires are considered by fleets to be at least a leading cause of roadside maintenance calls for commercial trucks, while underinflated tires are the single-biggest source of tire issues in general.

June 24, 2019