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

Descartes to Acquire Visual Compliance

Descartes Systems Group agreed to acquire Visual Compliance, a firm that provides software and services to automate customs, trade and fiscal compliance processes for businesses.

Daniel P. Bearth | Staff Writer
January 28, 2019
Government, Business, Safety

During Shutdown, NTSB Didn’t Send Investigators to Many Fatal Accidents

The National Transportation Safety Board said that during the 35-day partial government shutdown it was unable to dispatch investigators to multiple instances of fatal accidents.

Eric Miller | Senior Reporter
January 28, 2019
Government, Business

US Confirms China Trade Talks to Begin

The Trump administration confirmed it will hold two days of talks this week in Washington to discuss structural changes to China’s economy and Beijing’s pledge to buy more American goods.

Andrew Mayeda | Bloomberg News
January 28, 2019
Government, Business, Fuel

Oil Dips as China Slowdown Signals Demand Drop

Crude skidded to its worst loss in a month as disappointing corporate profit forecasts stoked concern about the economy, bruising a market already anxious about booming American oil supplies.

Alex Nussbaum | Bloomberg News
January 28, 2019
Business

Express Delivery and Logistics Association Merges With CLDA

The Express Delivery and Logistics Association, a trade group that represents air cargo and package delivery firms, has agreed to merge with the Customized Logistics & Delivery Association, according to a joint statement released Jan. 28.

Daniel P. Bearth | Staff Writer
January 28, 2019
Government, Business, Technology

Infrastructure Missing in Talks Between Trump, Hill Leaders

Talks between President Donald Trump and congressional leaders seem to be lacking one key ingredient: infrastructure. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
January 28, 2019
Government, Business, Logistics, TCA

Forever Stamp Price Increase to 55 Cents Takes Effect

The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.

Catie O'Toole | Syracuse Media Group
January 28, 2019
Government, Business, Technology

Infrastructure Bill a Priority in 2019, Rep. Drew Ferguson Says

ATLANTA — A major new infrastructure bill is doable in 2019, despite the lack of new federal revenue to fund it, said U.S. Rep. Drew Ferguson (R-Ga.), speaking at the 28th annual meeting of SMC3 Jump Start on Jan. 28.

Jim Stinson | Staff Reporter
January 28, 2019
Business

Nissan Under Investigation by SEC Over Executive Pay

The Securities and Exchange Commission is investigating whether Nissan Motor Co. accurately disclosed its executive pay in the United States, according to several people familiar with the matter, compounding the carmaker’s woes as it grapples with the aftermath of former Chairman Carlos Ghosn’s arrest.

January 28, 2019
Business

Transport Services Acquires Tra-Serv

Equipment provider Transport Services Inc. acquired Tra-Serv, which offers sales, rental and leasing, parts and service throughout Ohio and the surrounding areas.

January 28, 2019