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.
Mark Knight Looks to Double Down on Alabama State Titles
Will big wheels keep on turning for Alabama’s defending Grand Champion? That is what an estimated field of 120 competitors will find out when the Alabama Truck Driving Championships are held May 31 in Pelham.
May 21, 2019Oil Giant Chevron Offering Electric Car Charging at Stations
Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement May 20.
2019 Kentucky Truck Driving Championships
Photos from the 2019 Kentucky Truck Driving Championships on May 17-18 at Kentucky Speedway in Sparta. (John Sommers II/For Transport Topics)
May 21, 2019Ford Slashing 7,000 Jobs as Disruption Sweeps Auto Industry
Ford Motor Co. plans to eliminate about 7,000 salaried jobs — about 10% of its global white-collar workforce — as pressures mount on automakers to keep pace with massive technological shifts amid signs global car demand has peaked.
Diesel Inches Higher to $3.163 a Gallon
The U.S. average retail price of diesel rose 0.3 cent to $3.163 a gallon, the Department of Energy reported, while crude climbed to $63.14, the highest level in almost three weeks amid opposing supply-and-demand signals.
Survey Reveals Ambivalence Over Washington, D.C.-Area Tolls
A recent poll surveying Washington, D.C.-area residents on transportation issues reveals mixed support for toll roads in the region.
America’s Road Team Captains Project Safety Image at Trucking Championships
SANDUSKY, Ohio — Truck driving championships bring out the best of the best in the industry. Whether it is lifetime competitors, former champions or Road Team captains, Ohio has them all.
Supreme Court Rejects UPS Appeal That Postal Service Should Raise Delivery Rates
The U.S. Supreme Court turned away a UPS Inc. appeal that aimed to force the U.S. Postal Service to raise its prices for delivering packages.
Tesla Shares Breach $200 as Analyst Says CEO Elon Musk Faces a ‘Code Red’
Tesla Inc. shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year.
Infrastructure Week Encore: Trump, Democrats to Discuss Funding May 22
President Donald Trump and congressional Democrats agreed on April 30 to proceed with a $2 trillion infrastructure package, yet, they haven’t announced how to pay for the measure. That may change when they meet May 22 to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.