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

Trump Asks SEC to Look Into Frequency of Corporate Reports

NEW YORK — President Donald Trump says he’s asking federal regulators to look into the effectiveness of the quarterly financial reports that publicly traded companies are required to file.

August 17, 2018
Business, Equipment, Logistics

Volvo May Be About to Surprise Its Investors, but in a Good Way

Volvo AB, the world’s second-biggest maker of trucks, is about to increase its market value by about a fifth, if analyst estimates are to be believed.

August 17, 2018
Business, Safety

NTDC Competitors Meet Their Match on Challenging Driving Course

COLUMBUS, Ohio — A sharp left turn to cross over five scoring zones after avoiding a rubber duck and then maneuvering through a row of tennis balls were among the problems tripping up many competitors on the first day on the course at the National Truck Driving Championships.

Eugene Mulero | Senior Reporter
August 16, 2018
Government, Business, Safety

Senate Bill Would Let Young Truckers Operate in Interstate Commerce

A new bill that would open interstate trucking opportunities to drivers between the ages of 18 and 21 was introduced in the U.S. Senate Aug. 16.

Eric Miller | Senior Reporter
August 16, 2018
Business, Equipment

Trailer Orders Break Record in July Amid Fleet Demand

U.S. trailer orders broke past 29,000 to set a record for July, shattering the previous high of 28,058 for the month that had stood for 24 years, ACT Research Co. reported.

Roger Gilroy | Senior Reporter
August 16, 2018
Business, Safety

ELD Training Sheds Light on CVSA Competition Expectations

COLUMBUS, Ohio — The law enforcement officers participating in the Commercial Vehicle Safety Alliance’s North American Inspectors Championship will not be asked to inspect electronic logging devices during this year’s competition.

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

Judge Orders New Federal Review of Keystone XL Pipeline

LINCOLN, Neb. — A federal judge has ordered the U.S. State Department to conduct a more thorough review of the Keystone XL pipeline’s proposed pathway after Nebraska state regulators changed the route, raising the possibility of further delays to a project first proposed in 2008.

Grant Schulte | Associated Press
August 16, 2018
Business, Safety

2018 NTDC Banner-Hanging Ceremony

Fans attending the National Truck Driving Championships have a competition of their own — securing the prime viewing spots in the exhibit hall.

August 16, 2018
Government, Business, Logistics

Nation’s Largest Ports Report Record TEU Volume Levels Ahead of Tariffs

Business is booming at many of the nation’s largest ports, fueled by a strong U.S. economy and, according to experts, a rush to import and export goods before the Trump administration’s tariffs take hold on products from China and other nations.

Dan Ronan | Senior Reporter
August 16, 2018
Business, Safety

Catching Up With FMCSA’s Ray Martinez at NTDC

COLUMBUS, Ohio — Federal Motor Carrier Safety Administration’s Ray Martinez paid his first visit as the agency’s chief to the National Truck Driving Championships, rallying a crowd that included 424 truck drivers, 52 commercial vehicle inspectors, family members and volunteers.

Eleanor Lamb | Staff Reporter
August 16, 2018