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.
Excelerate Energy ‘Open for Business’ When Natural Gas Prices Spike
A red-hulled tanker is drifting in Massachusetts Bay, trying to capitalize on the two-month window when natural gas in this region can become the most expensive in the United States, and sometimes the world.
Universal Logistics Reports Record Revenue in 4Q, 2018
Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.
February 25, 2019Trump’s Extension of China Truce Gives Xi Breathing Room on Slowdown
Donald Trump’s decision to extend a deadline on additional tariffs on Chinese goods provides Xi Jinping with some temporary relief as he struggles to arrest an economic slowdown.
February 25, 2019Tesla’s Model 3 Dominated Global Electric-Car Market in 2018
Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.
GM Grants Reprieve to One of the Plants It’s Closing Until January 2020
General Motors Co. is extending production at one of the U.S. car factories slated to shutter this year.
February 25, 2019Lytx Debuts Tiered Platform for Safety, Fleet Services
SAN DIEGO — Video telematics and analytics provider Lytx is rolling out a customizable platform that lets users select and shift between features on its video-based safety data and fleet tracking services, just as the company is surpassing a milestone for driving miles analyzed, it said.
North American Leaders Discuss Future of USMCA
WASHINGTON — Trade officials representing the United States, Canada and Mexico committed to advancing the treaty that is meant to serve as a replacement for the North American Free Trade Agreement. The U.S.-Mexico-Canada Agreement was announced in late September as an update to NAFTA, which took effect in 1994.
Governors Discuss Trucking’s Role in Raising Infrastructure Funds
WASHINGTON — The trucking industry can serve as a testing ground for vehicle miles traveled programs, according to governors gathered to discuss infrastructure.
Training Programs Vital as AI Becomes More Prevalent, Experts Say
WASHINGTON — Education and training programs can help members of the workforce adjust to the difficulties that artificial intelligence will present to certain jobs, said policy expert Richard Haass, president of the Council on Foreign Relations, a nonpartisan organization.
Rachel Lovell Becomes First Woman to Win Transport Topics Recruiter Award
NASHVILLE, Tenn. — Rachel Lovell, a recruiting manager at Milan Supply Chain Solutions Inc., was named Transport Topics’ Recruiting Professional of the Year after being the first woman nominated for the honor. The presentation was made Feb. 22 as part of the 2019 Recruitment and Retention Conference.