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.
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.
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.
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.
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.
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.
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.
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, 2018Truck 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.
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.
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