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.
2019 New Hampshire Truck Driving Championships
Photos of the winners from the New Hampshire Truck Driving Championships June 1 in Pembroke. (New Hampshire Motor Transport Association)
June 6, 2019Officials Monitor Damage as Floods Continue to Devastate Transportation Systems and Farms
Federal officials continue to monitor central states that have been rocked by severe storms, which have damaged infrastructure and saturated swaths of farmland.
FedEx Drivers Dominate at Vermont and New Hampshire Truck Driving Championships
The petite states of Vermont and New Hampshire successfully hosted 56 drivers at the combined State Truck Driving Championships in Pembroke, N.H., June 1. Vermont had 18 competitors and New Hampshire had 38.
Baltimore’s Tradepoint Atlantic Intermodal Facility Transforms Old Bethlehem Steel Site
In 2014, Tradepoint Atlantic bought the waterfront Sparrows Point in Baltimore site for a bargain-basement price of $110 million. It’s now being turned into what will be more than a $2 billion multimodal facility serving the East Coast and Midwest.
Exports, Imports Plummet as US Trade Deficit Narrows
The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods.
May Class 8 Orders Plummet to Nearly Three-Year Low
U.S. Class 8 orders in May fell to 10,800, the lowest point in nearly three years, ACT Research reported, and once-scarce 2019 production slots opened.
2019 South Dakota Truck Driving Championships
Grand Champion, class winners and other awards from the South Dakota Truck Driving Championships held May 18 in Sioux Falls.
June 5, 2019GM’s Mark Reuss: Electric Cars Will Be Average Cost — and Profitable
General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at “very average transaction prices” and be profitable, GM President Mark Reuss said in a presentation June 5.
June 5, 2019Wilson Logistics Acquires Market Transport and Larger West Coast Portfolio
Wilson Logistics said it has purchased Market Transport, a DSV Global Transport and Logistics subsidiary.
2019 Nevada Truck Driving Championships
Video snippets from the 2019 Nevada Truck Driving Championships, held June 1, 2019, in Reno, Nev.
June 5, 2019