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.
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.
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.
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, 2019Hudson 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, 2019Michigan 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.
ERoad Reaches Production Milestone
ERoad recently installed its 100,000th telematics unit, according to a company press release.
June 24, 2019Daimler’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.
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.
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.
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