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

ATA Announces Finalists for 2019-20 America’s Road Team

ARLINGTON, Va. — American Trucking Associations released the list of 34 professional truck drivers chosen as finalists for the 2019-20 term of America’s Road Team on Oct. 16.

October 16, 2018
Business, Fuel

Trade War Hinders Commodities, Helps Oil

Commodity companies are beginning to feel the impact of President Donald Trump’s trade policies, and their earnings report cards will signal how well they’ve been able to protect shareholder value.

October 16, 2018
Government, Business, TCA

Colorado at the Crossroads

Colorado’s means of getting around are in great need of attention, partisans on every side agree. But the various solutions and competing ways of paying for transportation improvements offered by candidates and ballot measures are a different political matter entirely.

Joey Bunch | The Colorado Springs, Colo. Gazette
October 16, 2018
Business, Technology

Opinion: Strategies for Driving OEM Service, Aftermarket Growth

After years of focusing on supply chain and operational initiatives, equipment makers are now turning their sights to aftermarket and service revenue growth, says Vivek Joshi of Entytle.

Vivek Joshi | CEO, Entytle
October 16, 2018
Business, Top 50, Top 100

J.B. Hunt Revenue Soars, but Profits Lag in Third Quarter

J.B. Hunt Transport Services reported a big bump in revenue in the third quarter as higher rates boosted the top line for each of its four freight segments. Profits, however, did not keep pace as the company dealt with outstanding legal issues and absorbed start-up costs for several new large dedicated hauling contracts.

Daniel P. Bearth | Staff Writer
October 16, 2018
Business, Technology, TCA

How Grocer Giant Competes for Your Virtual Shopping Cart

The willingness of consumers to try buying groceries online has helped fuel a fiercely competitive market, and one that analysts expect to grow. The Food Marketing Institute and Nielsen predicted this year that 70% of consumers will regularly shop for groceries online by 2022 or 2024.

October 16, 2018
Government, Business

September Manufacturing Production Rises on Broad Demand

Factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third quarter, Federal Reserve data showed Oct. 16.

Shobhana Chandra | Bloomberg News
October 16, 2018
Business, Technology, Equipment

Volvo Group Uncovers Faulty Component in Emissions Setup

Volvo, the world’s second-largest truckmaker, has uncovered a faulty component in the emissions-control setup of vehicles widely sold in Europe and the U.S., the manufacturer’s biggest markets.

Niclas Rolander | Bloomberg News
October 16, 2018
Government, Business

ASCE Gives Minnesota Infrastructure a C

Minnesota has received a C grade on the American Society of Civil Engineers’ most recent infrastructure report card.

Eleanor Lamb | Staff Reporter
October 16, 2018
Government, Business, Fuel

Diesel Inches Up 0.9¢ to $3.394 in Eighth Straight Increase

Diesel prices continue to move higher, increasing 0.9 cent to $3.394 per gallon, according to the survey by the U.S. Department of Energy on Oct. 15.

Dan Ronan | Senior Reporter
October 15, 2018