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.
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.
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.
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.
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.
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.
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.
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.
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.
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, 2019Transport 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