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.
Future Is Now for Hydrogen as Fuel Source, IEA Says
Hydrogen, which has been touted as the fuel of the future much of the past five decades, finally may be on the verge of converting its potential to reality.
DHL Supply Chain Expands Network for Distribution of Health Care Products
DHL Supply Chain will spend $150 million to expand its network for distributing pharmaceuticals and medical devices.
June 14, 2019VW’s $18.6 Billion Truck IPO to Test CEO’s Overhaul Plan
Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test CEO Herbert Diess’ ambition of overhauling the carmaking behemoth.
China Asks for US Soy Shipment Delay, Citing Lack of Storage
Chinese state soybean buyers asked U.S. exporters to delay cargoes scheduled for July loading into August, citing limited availability of storage capacity, according to people with knowledge of the situation.
June 14, 2019Perspective: When a Buyer Comes Calling, Be Ready
Being prepared when a suitor comes calling can directly affect your ability to either strike a good deal now or position your company for opportunities down the road, says Spencer Tenney of Tenney Group.
China Sets Sights on Hydrogen Fuel Cell Market
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment.
June 13, 2019VW, Ford Near Deal on Electric, Autonomous Vehicles
Volkswagen AG is nearing a deal to cooperate with Ford Motor Co. on electric-car technology and self-driving vehicles, according to CEO Herbert Diess.
FMCSA Chief Ray Martinez to Address Senators June 19
Ray Martinez, the country’s top trucking regulator, is scheduled to appear before the Senate Commerce Committee on June 19.
Tanker Attacks Raise Prospects for Higher Rates, Lifting Shipping Stocks
Suspected attacks on two commercial vessels near the Strait of Hormuz fueled expectations for higher shipping rates, driving up shares of companies that operate tankers.
June 13, 2019Jobless Claims Rise to Five-Week High, Exceed Forecast
Filings for U.S. unemployment benefits unexpectedly increased, rising to a five-week high and adding to signs of potential cooling in the labor market.
June 13, 2019