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, Logistics

Freelancer Acquires Channel 40, Launches New Freight Marketplace

Freelancer, a jobs and crowdsourcing marketplace, has acquired Channel 40, an enterprise marketplace that connects freight owners with transport operators. Freelancer also has launched Freightlancer.com, a global marketplace for freight, shipping and transportation.

November 20, 2018
Government, Business, Safety

Safer Solutions Sought for Hazmat Drivers Traveling Colorado’s Treacherous Loveland Pass

With its 180-degree bends, 7% grades, dangerous drop-offs and strong wind gusts, the hazardous material truck drivers hauling heavy petroleum loads who make the 9.5-mile journey though Colorado’s Loveland Pass call the drive a “white-knuckle experience.”

Eric Miller | Senior Reporter
November 20, 2018
Government, Business, Logistics

Trucking Crews Begin Assistance Effort for California Residents Affected by Wildfires

With donations to help those affected by the recent California wildfires arriving from around the country, trucking fleets are bracing to help deliver supplies for relief efforts.

Dan Ronan | Senior Reporter
November 20, 2018
Business, Technology, Fuel

Tesla Looks to Trucking for Ways to Accelerate Deliveries of Model 3 Cars

Elon Musk is doing everything he can to speed up deliveries of the Tesla Model 3, including the tantalizing prospect that he may have purchased a trucking company to augment capacity provided by existing vehicle haulers.

Daniel P. Bearth | Staff Writer
November 20, 2018
Government, Business, Fuel

Department of Interior Moves to Expand Drilling in Alaskan Oil Reserve

The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process that could shift drilling rigs closer to herds of caribou and flocks of threatened birds.

Jennifer A. Dlouhy | Bloomberg News
November 20, 2018
Government, Business

Labor Participation at Full Employment, Study Shows

The U.S. labor market doesn’t have much more room to tighten, according to a new study from the Federal Reserve Bank of San Francisco that examines trends in the number of Americans who are either working or looking for jobs.

Sarah Foster | Bloomberg News
November 20, 2018
Government, Business

Home Construction Rises 1.5% in October

U.S. home construction improved 1.5% in October, but in a troubling sign, groundbreakings for single-family houses fell.

Josh Boak | The Associated Press
November 20, 2018
Business, Logistics

Amazon, Target Waive Minimum Purchase for Free Holiday Shipping

Amazon.com and Target Corp. have opened the floodgates on free shipping. Recent moves by the retailers to eliminate minimum-purchase amounts for free shipping have boosted the share of online orders that get delivered gratis, according to data from retail analytics company DynamicAction.

Matthew Boyle | Bloomberg News
November 20, 2018
Business, Technology, Equipment, Safety

Truck Makers, Suppliers Aim to Combat Road Salt Corrosion With Protective Coatings

When winter weather arrives, what also comes with it is the use of road salt, which exacerbates truck corrosion.

Katie Pyzyk | Special to Transport Topics
November 20, 2018
Business, Technology

Elon Musk Reopens Door to Daimler With Vow to Inquire About Electric Van

Elon Musk floated the idea of working with a familiar ally on electric work vans after being guilt-tripped on Twitter for using fuel-burning vehicles to service Tesla Inc. models.

November 19, 2018