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, Fuel

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.

Dan Murtaugh | Bloomberg News
June 14, 2019
Business, Logistics, Top 50

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, 2019
Business, Technology, Equipment, Autonomous

VW’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.

Christoph Rauwald | Bloomberg News
June 14, 2019
Government, Business

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, 2019
Business, Perspective

Perspective: 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.

Spencer Tenney | President and CEO, Tenney Group
June 14, 2019
Government, Business, Technology

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, 2019
Business, Technology, Autonomous

VW, 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.

Christoph Rauwald | Bloomberg News
June 13, 2019
Government, Business, Safety, Autonomous

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.

Eugene Mulero | Senior Reporter
June 13, 2019
Government, Business, Fuel

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, 2019
Government, Business

Jobless 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