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.
Trucker Buddy Program Helps Drivers, Students Form Special Bond
To a child, large trucks can seem intimidating and truck drivers might be viewed as tough and unfriendly. A program called Trucker Buddy International helps squash misconceptions by connecting school-aged children with drivers.
California Port Truckers and Other Workers Gain on Pay to Start 2019
For minimum-wage earners, port truckers, farm laborers, sexual harassment victims, nursing mothers, high-powered female executives and workers injured on the job, 2019 offers reason to celebrate. A score of new state laws took effect on Jan. 1, expanding the rights of many employees while placing fresh restrictions on businesses.
Average Price of Diesel Drops 2.9¢ to $3.048 a Gallon
The U.S. average retail price of diesel dropped 2.9 cents to $3.048 a gallon, the U.S. Energy Information Administration reported, as crude oil prices hovered around $45 per barrel.
January 2, 2019Tesla Sinks After Cutting Model 3 Price as Deliveries Disappoint
Tesla Inc. plunged in early trading Jan. 2 after delivering fewer Model 3 sedans than analysts expected in the fourth quarter and cutting prices to partially make up for the federal tax credit that’s been halved in the U.S.
Oil Begins 2019 With Renewed Slide Amid Fears Over China Growth
Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus.
Shutdown Grinds On as Trump Offers Congressional Leaders Meeting
Major parts of the U.S. government will remain shuttered for a 12th day as President Donald Trump invited congressional leaders from both parties to a White House briefing Jan. 2 on border security.
Crowley Integrates DFTS Management Into Government Services
Crowley Maritime Corp. has announced it will combine its Defense Freight Transportation Services contract management group with other government services under its Crowley Solutions business units.
January 2, 2019A. Duie Pyle Opens Service Center in Vermont
A. Duie Pyle, an asset and non-asset-based transportation and supply chain solutions provider, has announced the immediate opening of a new service center in Burlington, Vt.
December 28, 2018United Road Services, Carlyle Group Buy Fleet Car Carriers
United Road Services has joined with The Carlyle Group and other investors to acquire Colorado-based Fleet Car Carriers.
Willson International Expands Into Alberta
Willson International, a fourth-generation, family-owned-and-operated logistics company based in the Toronto area, has expanded westward and added brokerage and logistics account executives servicing Edmonton and Calgary, Alberta.
December 28, 2018