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, Safety

WTO Chief Urges Nations to Avert Trade War

BERLIN — The whole international community has a responsibility to reduce tensions and avert a full trade war, which would produce “no winners,” according to the head of the World Trade Organization.

September 25, 2018
Government, Business

US Home Prices Rise at Slowest Pace in Nearly a Year

WASHINGTON — U.S. home prices rose in July at the slowest pace in 10 months as home sales have stumbled amid higher mortgage rates.

Christopher Rugaber | Associated Press
September 25, 2018
Government, Business, Fuel

Trump Plan to Roll Back Fuel Standards to Get Second Hearing

FRESNO, Calif. — The Trump administration’s proposal to roll back national fuel-economy standards was headed for its second public hearing a day after California officials and scores of speakers blasted it as a danger to the environment and public health.

Sudhin Thanawala | Associated Press
September 25, 2018
Business, Equipment

Capital Partners Invests in Minimizer

Minimizer, a commercial vehicle accessories supplier and unit of Kruckeberg Industries, announced private equity firm Capital Partners is making an investment in Minimizer to expand product lines and support the rapid growth of the company.

September 25, 2018
Business, Logistics, Top 50, Top 100

Supply Chain Partners Focus on Efficiency to Improve Capacity

LONG BEACH, Calif. — High freight levels, decreased productivity and the driver shortage have contributed to tightened capacity, and carriers and intermodal providers said they are focusing on efficiency to meet supply chain demands.

Mindy Long | Special to Transport Topics
September 25, 2018
Business

Ryder Opens Pennsylvania Maintenance Facility for Diesel, Alt-Fuel Trucks

Ryder System Inc. announced the opening of a new full-service maintenance facility in Reading, Pa., for both diesel and alternative-powered trucks.

September 24, 2018
Business, Fuel

Diesel Prices Keep Climbing for Fifth Straight Week

The nationwide average price of diesel continued to climb last week, according to the Department of Energy’s weekly report released Sept. 24.

Dan Ronan | Senior Reporter
September 24, 2018
Government, Business

Tariffs Could Spur Early Imports, Higher Inventories

LONG BEACH, Calif. — Retailers speaking at the Intermodal Association of North America’s Intermodal Expo 2018 said they could move up product shipments due to tariffs being placed on China.

Mindy Long | Special to Transport Topics
September 24, 2018
Business, Technology, Equipment, TCA

Technical Training Schools Aim to Bridge Skills Gap

Finding workers for the jobs of today and tomorrow means attacking the skills gap along a wide front.

September 24, 2018
Business, Technology, Equipment, Safety

Strick Earns Certification, Adds Cooper Tires

Strick Trailers, manufacturer of aluminum sheet and post trailers, announced that its new GardX rear-impact guard has received certification from the Insurance Institute for Highway Safety.

September 24, 2018