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.

Government, Business

State DOT Leaders Urge Federal Action on Long-Term Infrastructure Funding

WASHINGTON — Congress and the White House should focus on crafting a long-term highway bill over the next year that would ensure certainty in funding for big-ticket projects around the country, a group of state transportation leaders said Jan. 15.

Eugene Mulero | Senior Reporter
January 15, 2019
Business, Equipment

Dana Reports Higher Sales in Preliminary 2018 Results

Commercial vehicle supplier Dana Inc. announced preliminary 2018 financial results that included higher revenue, and higher earnings before interest, taxes, depreciation and amortization.

Roger Gilroy | Senior Reporter
January 15, 2019
Business, Technology, Autonomous

TuSimple Proceeds With Plans to Build World’s Largest Self-Driving Truck Fleet

LAS VEGAS — Autonomous truck developer TuSimple said it will expand its U.S. test fleet to 40 vehicles by June, which the company claims will make it the world’s largest self-driving truck business.

Seth Clevenger | Managing Editor, Features and Multimedia
January 15, 2019
Business, Logistics

IANA Elects 2019 Board of Directors, Officers

The Intermodal Association of North America has installed its 2019 board of directors and officers, including two new members. The turnover took place Jan. 1, according to a Jan. 11 press release.

January 15, 2019
Business, Technology, Logistics, Perspective

Opinion: The ABCs of Emerging Transport Technologies

Emerging technologies are reshaping the very nature of how we transport goods, and offer the ability to provide agile services that meet the increasing demands of the supply chain, says Ben Wiesen of Carrier Logistics Inc.

Ben Wiesen | President, Carrier Logistics Inc.
January 15, 2019
Government, Business, Logistics, Top 50, TCA

US Factories Brace for Sting of 2019 Trade War

America’s manufacturers are scrambling to change the way they do business — from finding new suppliers to shifting more finishing work overseas — as the sting of tariffs begins to take a bigger toll on their bottom lines.

Dee DePass | Star Tribune (Minneapolis)
January 15, 2019
Government, Business, Logistics

Missing Data During Shutdown Complicates Consumer Spending Reports

The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock market swoons and trade-war tensions, but key data on their spending — the biggest part of the economy — will be missing due to the government shutdown.

Shobhana Chandra | Bloomberg News
January 15, 2019
Government, Business

Core Producer Prices Decline for First Time in a Year

A key measure of U.S. producer prices unexpectedly fell in December and the overall gauge declined more than forecast amid lower oil prices, signaling potential inflation pressures in the economy are contained.

Shobhana Chandra | Bloomberg News
January 15, 2019
Government, Business, Fuel

Oil Gains as US Stockpiles Seen Falling, China Plans Tax Cuts

Oil rose amid estimates of another decline in U.S. crude inventories and signs that China is stepping up efforts to combat an economic slowdown.

January 15, 2019
Government, Business, Technology, Autonomous

Robotic Vehicles, Loading Zone Updates Seen as Tools for Final-Mile Delivery

WASHINGTON — More freight is moving and e-commerce is booming, but there is a finite amount of urban space for road use and parking for delivery vehicles. It’s a problem known as the final mile, and it’s especially profound in cities.

Jim Stinson | Staff Reporter
January 15, 2019