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, Logistics

Cloverleaf Cold Storage Enters Agreement to Merge with Zero Mountain

Cold storage warehousing company Cloverleaf Cold Storage has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers in Arkansas, according to a Jan. 7 press release.

Joe Antoshak | Staff Writer
January 22, 2019
Business, Technology, Logistics, Top 50, Top 100

UPS Expands Keyless Apartment-Building Entry That Started in NYC

United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.

Thomas Black | Bloomberg News
January 22, 2019
Government, Business, Fuel

Diesel Falls for 14th Consecutive Week

The U.S. average retail price of diesel dropped 1.1 cents to $2.965 a gallon for the week of Jan. 21, despite an increase in crude oil prices to $53 per barrel, or $3 higher than a week before.

Roger Gilroy | Senior Reporter
January 22, 2019
Government, Business, Technology, Safety

Advocates Name Best, Worst States for Highway Safety Laws

Rhode Island has again topped an advocacy group’s report that evaluates states’ road safety enforcement efforts.

Eleanor Lamb | Staff Reporter
January 22, 2019
Business, Logistics, TCA

Amazon Arrival Helps Chicago Rockford International Airport Break Cargo Record

ROCKFORD, Ill. — More than 2.1 billion pounds of cargo made its way through Chicago Rockford International Airport in 2018 — shattering the previous record, set in 2017, by 55%.

January 22, 2019
Government, Business, Technology, Autonomous

Capitol Agenda for the Week of Jan. 21: Autonomous Anxiety

Why don't consumers trust autonomous vehicles? Transportation Secretary Elaine Chao says it's partly because manufacturers need to do a better job explaining the vehicles' capabilities. Here's the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
January 22, 2019
Government, Business

Federal Shutdown Affects Oklahoma DOT’s Future Road Projects

The Oklahoma Department of Transportation has delayed the bidding process for upcoming infrastructure projects due to funding uncertainty caused by the ongoing partial shutdown of the federal government.

Eleanor Lamb | Staff Reporter
January 22, 2019
Business, Technology, Logistics

Eclipse IA Announces Merger With On Time Staffing

Eclipse IA, a productivity-based staffing solutions provider for the supply chain industry, has announced a merger with On Time Staffing, along with its People Logistics division.

January 22, 2019
Business, Technology

Tesla Gets Green Light to Start Delivering Model 3 in Europe

Tesla Inc. received permission to start selling its Model 3 in Europe, clearing the final hurdle in bringing the electric-car maker’s top seller to the home turf of Audi, BMW and Mercedes-Benz.

January 22, 2019
Government, Business

U.S.-China Trade Talks Falling Short on Make-or-Break IP Issues

According to people close to the discussions, the two sides have so far made little progress on the issue that any deal Trump strikes with China may ultimately be judged on: ending what the U.S. has dubbed as decades of state-coordinated Chinese theft of American intellectual property.

January 22, 2019