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

Balancing Work, Family Key for California Grand Champion Steve Hutton

Steve Hutton of Walmart Transportation first started driving at 23 to support his family. Sixteen years later, the job has become not just a source of income, but a rewarding career.

Savannah Kelley | Special to Transport Topics
June 17, 2019
Government, Business, Safety, Fuel

Amazon, ExxonMobil Among Corporations Called Out Over Climate Transparency

Amazon.com, Exxon Mobil Corp. and Volvo are among more than 700 companies being targeted in a campaign backed by a large group of investors advocating for greater transparency when it comes to environmental impact.

Eric Roston | Bloomberg News
June 17, 2019
Business, Technology, Logistics, TCA

Amazon’s Foray Into Last-Mile Delivery Could Disrupt E-Commerce Sector

Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.

Greg Kozol | St. Joseph, Mo., News Press
June 17, 2019
Business, Safety

After 20 Years, Gary Wrobel Returns to Winner’s Circle and Adds Michigan Grand Champion Title

Gary Wrobel first earned a No. 1 finish in the 5-Axle competition at the Michigan Truck Driving Championships in 1999. Twenty years later, he won the 5-Axle again, and added the Grand Champion title at the competition June 7-8.

Linda Tufano | Content Manager
June 17, 2019
Business, Technology

Lanehub to Reward Shippers for Helping Fleets Secure Backhauls

Lanehub, a provider of freight lane matching services, said it will soon begin providing financial incentives to shippers that help their contract carriers find backhaul opportunities with other shippers in its collaborative freight network.

Seth Clevenger | Managing Editor, Features and Multimedia
June 17, 2019
Business, Safety

Walmart’s Mike White Wins Indiana, Is Hungry for More

INDIANAPOLIS — Charles “Mike” White of Walmart Transportation is not one to rest on his laurels.

Eugene Mulero | Senior Reporter
June 14, 2019
Business, Technology, Fuel

Oberon Receives Grant to Produce Ultra-Low-Carbon Transport Fuel

Oberon Fuels announced it received a $2.9 million grant from the California Energy Commission to produce for the first time in the United States renewable dimethyl ether, a clean-burning, ultra-low-carbon transportation fuel.

June 14, 2019
Business, Safety

2019 Rhode Island Truck Driving Championships

Scenes from the Rhode Island Truck Driving Championships held June 1 in Pawtucket.

June 14, 2019
Government, Business, Technology, Fuel

Exxon, Saudis Bet on Plastic, Chemicals With Coastal Texas Plant

Exxon Mobil Corp. and Saudi Arabia’s state-controlled petrochemicals company formally approved construction of a chemical complex in Texas that will process production from the Permian Basin’s booming oil and natural gas wells.

June 14, 2019
Business, Safety

Don Logan's Absence Leaves Kansas Field Wide Open

At first glance, the Kansas Truck Driving Championships might be more notable by who is absent than who will be the ultimate winner. FedEx Freight Ace Don Logan, last year’s Grand Champ out of the Tank Truck division, isn’t competing at Kansas Expocentre in Topeka on June 14-15.

Judd Hanson | News Editor
June 14, 2019