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.
Motorcoach Industry, Like Trucking, Faces Driver Shortage
Much is written about how the trucking industry loses drivers to other lines of work, but in some cases they’re not leaving to do something else — they’re leaving to drive something else: motorcoaches. Ironically, the bus industry is dealing with a driver shortage of its own.
US, China Exchange Barbs as Trade Rift Widens Ahead of G-20
The U.S. and China exchanged barbs over which nation wrecked trade negotiations, deepening divisions that have laid bare a breakdown in trust between the world’s two largest economies.
June 4, 2019VW Advances Truck Unit IPO Despite Shaky Stock Market, Trade Woes
Volkswagen AG set plans to list its heavy-truck division Traton SE in Frankfurt, Germany, and Stockholm, moving forward with one of the year’s largest European public offerings despite a wobbly stock market and a swirling trade war between China and the United States.
TFI Closes Highland Transport Subsidiary
TFI International Inc. is closing its 150-truck Highland Transport division, a possible sign of softness in the Northeast freight market, according to a TFI official.
2018 Grand Champion Chris Outen Set to Go for Gold in Flatbed Class at Oregon Truck Driving Championships
Last year’s Grand Champion, Chris Outen of FedEx Freight, will compete at the Oregon Truck Driving Championships, taking place June 8 at Reddaway in Portland.
June 4, 2019West Virginia Truck Driving Championships to Feature Multiple Past Champs
A battle of (Grand) Champions is brewing in West Virginia, as the West Virginia Truck Driving Championships are set to kick off June 8 at a FedEx Freight terminal in Nitro.
Congress Opens Bipartisan Probe of Competition in Tech Industry
The House Judiciary Committee is joining the rush to investigate big technology companies, with a focus on whether increased concentration in the industry is crowding out competition and hurting consumers.
David Lumpkin Named Grand Champion at Rhode Island Truck Driving Championships
FedEx Express’ David Lumpkin captured the Grand Champion title at the Rhode Island Truck Driving Championships, which were held June 1 at the New England Tractor Trailer Training School in Pawtucket.
June 4, 20192019 Alaska Truck Driving Championships
Scenes from the Alaska Truck Driving Championships.
June 4, 20192019 Nebraska Truck Driving Championships
Photos of winners and scenes from the 2019 Nebraska Truck Driving Championships held May 31-June 1 at Fonner Park in Grand Island, Neb.
June 4, 2019