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, Editorial

Editorial: Glad Tidings Abound for Trucking

Trucking industry shareholders will remember 2018 fondly. The prospects for next year are pretty bright, too.

December 20, 2018
Government, Business

Trade Talks With US Planned for January, China Says

BEIJING — China’s government said Dec. 27 it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.

December 20, 2018
Business, Technology

Online Sales Continue Solid Pace as Christmas Draws Near

NEW YORK — In the run-up to Christmas, online shopping continues to be strong. Online sales are up nearly 18% to $110.6 billion from Nov. 1 through Dec. 19, compared with the year-ago period, says Adobe Analytics, which tracks online spending.

December 20, 2018
Government, Business, Safety

Funding Negotiations Persist as Congress Looks to Avoid Partial Shutdown

With just days to go before Christmas, funding for the U.S. Department of Transportation and other agencies remained uncertain as President Donald Trump continued to push for robust funding for a wall along the border he said Mexico would pay for.

Eugene Mulero | Senior Reporter
December 20, 2018
Business, Technology, Equipment, Fuel

Daimler Delivers Freightliner Electric Truck to Penske

Daimler Trucks North America on Dec. 20 delivered to Penske Truck Leasing the first in a series of electric trucks Penske plans to deploy in California and the Pacific Northwest.

December 20, 2018
Government, Business, Safety

Fired Truck Driver Sues Cannabidiol Company After Using Product

While 33 states allow the use of medical marijuana and 10 states permit possession and recreational use of pot, for truck drivers there is but one law: Don’t use it. Period.

Eric Miller | Senior Reporter
December 20, 2018
Government, Business

Although Jobless Claims Rise, Labor Market Still Solid

Filings for U.S. unemployment benefits rose for the first time in three weeks while remaining near levels that reflect a tight labor market.

Katia Dmitrieva | Bloomberg News
December 20, 2018
Business, Logistics, TCA

UPS Holiday Package Returns Hit Peak Before Year End for First Time

UPS Inc. expected to handle a record 1.5 million returns Dec. 19, ahead of its usual early January peak of 1.3 million.

Debbie Cockrell | The News Tribune Tacoma Wash
December 20, 2018
Government, Business, Logistics, TCA

Record Number of Travelers Predicted for Roads, Rails, Airports, AAA Says

Expect record-breaking crowds this holiday season on the nation’s roads, rails and runways, as about one-third of Americans will be on the move.

Mary Wisniewski | Chicago Tribune
December 20, 2018
Government, Business

Outgoing House Speaker Paul Ryan Fails to Mention Infrastructure Policy in Farewell Address

In a farewell address Dec. 19 to the nation that highlighted ongoing concerns over immigration and celebrated the passage of legislation about tax and energy policies, the outgoing Republican leader of the House of Representatives did not mention transportation-centric bills that had advanced during his tenure.

Eugene Mulero | Senior Reporter
December 19, 2018