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, Fuel, Logistics

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.

Naureen S. Malik | Bloomberg News
February 25, 2019
Business, Top 50

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, 2019
Government, Business, Logistics

Trump’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, 2019
Business, Technology, Equipment

Tesla’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%.

Craig Trudell | Bloomberg News
February 25, 2019
Government, Business

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, 2019
Business, Technology

Lytx 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.

Joe Howard | Executive Editor
February 25, 2019
Government, Business, Logistics

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.

Eleanor Lamb | Staff Reporter
February 24, 2019
Government, Business, Technology, Fuel

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.

Eleanor Lamb | Staff Reporter
February 23, 2019
Government, Business, Technology, Autonomous

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.

Eleanor Lamb | Staff Reporter
February 23, 2019
Business

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.

Eleanor Lamb | Staff Reporter
February 22, 2019