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.
Senate Appropriators Raise Livestock Industry’s ELD Concerns
Federal policymakers continue to share livestock haulers' concerns over the ELD mandate. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
DSV to Buy Panalpina in $4.6 Billion European Logistics Deal
DSV A/S agreed to acquire Swiss rival Panalpina Welttransport Holding AG in a deal worth $4.6 billion that will create one of the world’s largest cargo-handling and logistics companies
April 1, 2019China Extends Suspension of Tariffs on US Autos
The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.
April 1, 2019Industry Task Force to Tackle Electric Vehicle Charging System Standard
ATLANTA — A task force comprising trucking and transportation industry stakeholders is set to vote on adoption of recommended standards for power cables, connections and other equipment for high-powered electric charging stations for commercial vehicles.
Commodities’ Best Quarter Since 2016 May Be Tough Act to Follow
Commodities had their best quarter in almost three years, driven by supply concerns and optimism over demand. Investors, though, might not want to get too cocky.
Factory Gauge Rises From Two-Year Low on Employment Gains
A gauge of U.S. factories topped estimates in March, rising from a two-year low on strength in employment and orders and signaling stabilization after a rocky few months.
Retail Sales Unexpectedly Decline in February
U.S. retail sales unexpectedly eased in February on declines in grocery stores and building materials, which could reflect cooler weather, though also may signal further headwinds for the economy in the first quarter.
47,000 Bridges Nationwide Are Structurally Deficient, ARTBA Analysis Finds
Iowa, Pennsylvania and Oklahoma have the dubious distinction of leading the country in states with the highest number of bridges deemed structurally deficient, according to a recent analysis by the group that represents road builders.
At the Truck Stop, the Doctor Will See You Now
LOUISVILLE, Ky. — Forty-eight percent of truck drivers have a serious health condition, but when it comes to preventive care, many do not have the time to miss work or find a convenient time and place to get medical exams, an audience of drivers was told at the Mid-America Trucking Show on March 29.
Even Tech Companies Say, ‘There Are Always Going to Be Truck Drivers’
LOUISVILLE, Ky. — Is technology in the trucking industry moving too fast for the men and women who sit behind the wheel of big rigs? That was a concern voiced by a number of truck drivers attending a March 29 session at the 2019 Mid-America Trucking Show.