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

US Industrial Production Edged Up 0.1% in July

WASHINGTON — U.S. industrial production rose modestly last month, held down by drops in mining and utilities.

Paul Wiseman | Associated Press
August 15, 2018
Business, Safety

Scenes from NTDC 2018

NTDC 2018 is here! More scenes from the Greater Columbus Convention Center in Columbus, Ohio, at the truck driving championships, which conclude Aug. 18. (Photos by John Sommers II for Transport Topics)

August 15, 2018
Government, Business, Technology, Logistics, TCA

Ford to Spend $740 Million as Part of Detroit Train Station Project

Ford Motor Co. will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit’s Corktown neighborhood, the company said Aug. 14.

Cindy Burton | Detroit Free Press
August 15, 2018
Government, Business

US Productivity Posts 2.9% Growth in 2Q

WASHINGTON — U.S. productivity grew at an annual rate of 2.9% in the second quarter, the fastest pace in more than three years, while labor costs actually fell.

Martin Crutsinger | Associated Press
August 15, 2018
Business, Safety

Five Things to Watch for at NTDC 2018

Five things to watch for at the National Trucking Driving Championships in Columbus, Ohio.

August 14, 2018
Business, Logistics, Top 100

Universal Logistics Purchases Southern Counties Express for $65 Million

Universal Logistics Holdings Inc. is expanding its intermodal business, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million.

Dan Ronan | Senior Reporter
August 14, 2018
Business, Safety

Being Defending Champion Adds Pressure, FedEx’s Roland Bolduc Says

COLUMBUS, Ohio — Winning it all at last year’s National Truck Driving Championships helped elevate Roland Bolduc’s exposure.

Eugene Mulero | Senior Reporter
August 14, 2018
Business, Equipment

Medium-Duty Sales Near 20,000 in July Amid Consumer-Sector Strength

U.S. retail sales of medium-duty trucks in July rose nearly 15% above a year earlier as all classes posted gains, WardsAuto.com reported.

Roger Gilroy | Senior Reporter
August 14, 2018
Government, Business, TCA

Deb DeLuca Named New Duluth Port Director

Deb DeLuca was named the executive director of the Duluth Seaway Port Authority Aug. 13, becoming the first woman to hold the role.

Brooks Johnson | The Columbian, Vancouver, Wash.
August 14, 2018
Business, Safety

Columbus Gets Ready for NTDC

Scenes from the build-up to the National Truck Driving Championships Aug. 15-18 at the Greater Columbus Convention Center in Columbus, Ohio. (Photos by John Sommers II for Transport Topics)

August 14, 2018