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, Logistics

VW Mulls Second US Plant, Joint Ford Output After White House Visit

Volkswagen AG is considering adding a second factory to its U.S. manufacturing footprint and could tap Ford Motor Co. plants to build cars, Herbert Diess, CEO of VW, said after a meeting at the White House.

December 4, 2018
Government, Business, Technology, Safety

FMCSA to Outline Priorities at TRB Session Jan. 15

The Federal Motor Carrier Safety Administration is scheduled to host its annual policy review session at the Transportation Research Board’s annual meeting Jan. 15, the agency announced this week.

Eugene Mulero | Senior Reporter
December 4, 2018
Government, Business, Technology, Equipment, Safety

FMCSA Seeks Comments on Vehicle Maintenance Practices

Federal trucking regulators have issued a request for comments on the role that vehicle maintenance plays in motor carrier safety. The responses will be included in research that will use online surveys to obtain data to address the study’s objectives.

Eric Miller | Senior Reporter
December 4, 2018
Government, Business, Safety, Letters to the Editor

Letter: Keep Urging Young People to Pick Trucking as a Career

I read with interest your excellent article highlighting college students’ participation at ATA’s Management Conference & Exhibition in October in Austin.

December 4, 2018
Government, Business, Equipment

Cerberus to Acquire 70% Interest in Navistar Defense

Cerberus Capital Management, an investment firm specializing in credit, private equity and real estate, will acquire 70% interest in Navistar Defense, according to a Dec. 3 press release.

December 4, 2018
Government, Business

No Rejoicing at US Farms Until Trump Trade Truce Pays Off

U.S. farmers are pleased that President Donald Trump and Xi Jinping agreed to a trade truce, but they’re not rejoicing just yet. That won’t come until they see ships full of their soybeans headed to China.

December 4, 2018
Government, Business, TCA

Postal Service Will Suspend Delivery Dec. 5 to Honor Late President Bush

The United States Postal Service won’t be delivering mail Dec. 5 as part of the national day of mourning for the late former President George H.W. Bush.

Kate Feldman | New York Daily News
December 4, 2018
Business, Logistics, TCA

Amazon Expands Air Division in Illinois

ROCKFORD, Ill. — Amazon announced plans Dec. 3 to expand its Amazon Air operation at the Rockford airport.

Corina Curry | The Rockford Ill Register Star
December 4, 2018
Government, Business

G-20 Summit Brings Two Significant Trade Developments for Trucking Industry

Steps taken by the Trump administration at last week’s G-20 summit in Buenos Aires, Argentina, could have significant effects for the trucking and port industries as the president continues to revamp global trade policy for the United States.

Dan Ronan | Senior Reporter
December 4, 2018
Government, Business, Fuel

Diesel Drops 5.4¢ to $3.207

The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.

December 3, 2018