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

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.

Dan Ronan | Senior Reporter
June 4, 2019
Government, Business

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, 2019
Business, Technology, Equipment

VW 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.

Christoph Rauwald | Bloomberg News
June 4, 2019
Business, Logistics, Top 100

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.

Jim Stinson | Staff Reporter
June 4, 2019
Business, Safety

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, 2019
Business, Safety

West 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.

Anneliese Mahoney | Associate Editor
June 4, 2019
Government, Business, Technology

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.

June 4, 2019
Business, Safety

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, 2019
Business, Safety

2019 Alaska Truck Driving Championships

Scenes from the Alaska Truck Driving Championships.

June 4, 2019
Business, Safety

2019 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