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, Technology

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.

Suzan Fraser | Associated Press
August 14, 2018
Business, Safety

NTDC Leaders, Volunteers Prep Course Ahead of Championship

COLUMBUS, Ohio — Course preparations are well underway for the 81st National Truck Driving Championships.

Eleanor Lamb | Staff Reporter
August 14, 2018
Government, Business, Fuel

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.

Robert Tuttle | Bloomberg News
August 14, 2018
Government, Business, Fuel

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.

August 14, 2018
Business, Safety

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.

Eleanor Lamb | Staff Reporter
August 14, 2018
Business, Safety, Logistics

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.

Eleanor Lamb | Staff Reporter
August 14, 2018
Business, Technology, Equipment, Safety, Fuel

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, 2018
Business, Fuel

Diesel 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.

Roger Gilroy | Senior Reporter
August 13, 2018
Business, Technology, Autonomous

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.

August 13, 2018
Business, Equipment, Safety, Perspective

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.

Kelsea Eckert | Attorney at Law, Eckert & Associates, P.A.
August 13, 2018