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, Technology, Autonomous

Volvo Launches Transport Service Using Fully Autonomous Trucks

Volvo Trucks announced it has signed a “landmark” agreement in Norway with mining company Bronnoy Kalk AS that calls for the truck maker to haul commercial loads of quarried limestone across mine property using six fully autonomous heavy-duty trucks.

Roger Gilroy | Senior Reporter
November 21, 2018
Government, Business

Bill Nelson, Senate Commerce Panel's Top Democrat, Loses Re-Election Bid

Florida Sen. Bill Nelson, the top Democrat on the trucking policy panel, lost his re-election bid to that state’s Republican governor in one of the most high-profile election contests of the midterms.

Eugene Mulero | Senior Reporter
November 21, 2018
Business, Logistics

America’s Road Team Helps Sinise Foundation Aid Military Families

American Trucking Associations’ America’s Road Team plays an important part in Snowball Express, a program that will gather children and surviving spouses of military members at Disney World for fun and healing. It's part of the Gary Sinise Foundation.

Dan Ronan | Senior Reporter
November 21, 2018
Government, Business

October Home Sales Rise 1.4%, Snap Six-Month Losing Streak

WASHINGTON — U.S. home sales rose in October, breaking a six-month losing streak. But sales remain down from a year ago, hurt by rising interest rates.

Paul Wiseman | Associated Press
November 21, 2018
Government, Business

German Auto CEOs Invited for White House Talks

The Trump administration has invited the CEOs of three German automakers for talks at the White House as European and U.S. government officials try to negotiate a new trade agreement, according to people familiar with the matter.

November 21, 2018
Government, Business

Durable Goods Orders Fall 4.4% in October

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell by the largest amount in 15 months with a key category that tracks business investment showing weakness for the third consecutive month.

Martin Crutsinger | Associated Press
November 21, 2018
Business, Editorial

Editorial: Giving Thanks — And Giving Aid

The holiday season has officially arrived. But it’s important to remember the tragedy involving wildfires in California. The trucking industry, as always, is answering the call in times of need.

November 20, 2018
Business

Truck Tonnage Surges 9.5% in October

Truck tonnage surged in October after a brief lull in September as shippers stockpiled goods ahead of possible tariffs on imports from China, according to data released Nov. 20 by American Trucking Associations.

Dan Ronan | Senior Reporter
November 20, 2018
Government, Business

Border Wall, Mueller Probe Complicate Lame-Duck Federal Funding Negotiations

Congressional Republican leaders adamant about avoiding a partial government shutdown ahead of a Dec. 7 funding deadline have yet to outline an endgame to ongoing negotiations that have been marked by pressures from the White House and their Democratic counterparts.

Eugene Mulero | Senior Reporter
November 20, 2018
Business

R.J. Corman Railroad Acquires Six Rail Companies

R.J. Corman Railroad Co. has acquired six rail companies, according to a Nov. 5 press release.

November 20, 2018