Business
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.
Turkey’s Erdogan Vows US Boycott, but Diplomats Resume Talks
Turkey’s president appeared to escalate a dispute with the United States that has helped foment a Turkish currency crisis, claiming Aug. 14 that his country will boycott U.S.-made electronic goods. Behind the scenes, however, diplomats resumed contact to ease tensions.
NTDC Leaders, Volunteers Prep Course Ahead of Championship
COLUMBUS, Ohio — Course preparations are well underway for the 81st National Truck Driving Championships.
Shipping-Fuel Rule Change Cuts Demand for Canadian Oil
New rules limiting the amount of sulfur allowed in shipping fuel is expected to cut demand for high-sulfur fuel oil and the sour crude that yields it. In Canada, that could extend — or worsen — the biggest price slump in nearly five years.
Trump Trade Spat Threatens US LNG Exporters
PetroChina, a unit of the state-owned China National Petroleum Corp., may suspend its buying of U.S. liquefied natural gas cargoes during the colder months, just as new American LNG terminals start up.
Pennsylvania Driver Robert Dolan Prepares for NTDC, Helps Young People Engage With Trucking
Robert Dolan, a Pennsylvania-based trucker for XPO Logistics, has been a champion driver for nearly 30 years, and one of his passions is encouraging young people who may form the next generation of transportation workers.
Finale of CVSA’s Inspectors Competition Will Coincide With NTDC Awards Banquet
In a few weeks, law enforcement officials from across the continent will convene in Columbus, Ohio, to participate in the Commercial Vehicle Safety Alliance’s North American Inspectors Championship.
Will Your Next Truck Be a Plug-In?
Are electric vehicles poised to break through in commercial transportation? Episode 3 of RoadSigns has the answer. Click to listen.
August 13, 2018Diesel Slips 0.6¢ to $3.217
The U.S. average retail price of diesel inched down 0.6 cent to $3.217 a gallon while crude oil prices fell amid ongoing international currency and political issues that could sap demand.
How a Billion-Dollar Autonomous Vehicle Startup Lost Its Way
Quanergy Systems Inc. found itself in the center of a sudden frenzy over self-driving cars in 2014. It makes lidar, which bounces lasers off objects to help autonomous cars know what is nearby.
Opinion: Trucking Companies Can Reap Big Recoveries in Small Claims
Does your trucking company write off thousands of dollars of small losses due to the negligence of other drivers? While small-dollar claims might not seem worth the hassle of collecting, they can add up quickly and amount to significant business losses.