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.
Natso Launches Alternative Fuels Council
Natso Inc. has launched a new business venture known as the Alternative Fuels Council to help fuel retailers leverage the resources necessary to learn about and incorporate alternative fuels into their supply offerings.
June 15, 2018In Prelude to Trade War, US Details Tariffs on $50 Billion of Chinese Goods
WASHINGTON — The Trump administration, rekindling its simmering trade war with China, issued a list of $50 billion of Chinese imports June 15 that would be subject to hefty tariffs.
Maryland State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 Maryland Truck Driving Championships June 2 in Timonium, Md. (Photos courtesy of the Maryland Motor Truck Association)
June 15, 2018U.S. Xpress Raises Over $250 Million in Stock Issue
A decade after its owners took the company private, U.S. Xpress Enterprises, Inc. returned to Wall Street June 14 to raise more than $250 million of equity and again become a publicly traded company.
Editorial: Working Conditions
We all want to like our workplaces. For fleet drivers, that workplace extends from the truck cab all the way to the headquarters of the carriers for whom they drive. And its important to keep drivers happy regardless of which place they happen to be on a given day.
June 14, 2018Amazon Eyeing Another Big Shipping Hub South of Dallas
Digital retail giant Amazon is growing its footprint again in North Texas.
UPS Says New Tax Law Creates ‘Whack-a-Mole’ Game
U.S. multinationals face a “tricky situation” in trying to plot a tax strategy around the new base erosion and anti-abuse tax (BEAT) in the 2017 U.S. tax law, a UPS official said.
Funding Bills to Begin Journey to House, Senate Floors
After announcing he would break with tradition and keep the chamber in session for most of August, Senate Majority Leader Mitch McConnell (R-Ky.) indicated a few fiscal 2019 funding bills would be reaching the floor as early as the week of June 18.
Bayonne Bridge Rebuild 1 Year Ago Pays Dividends for Ports
One year after completing the nearly $1.7 billion task of raising the Bayonne Bridge to a height of 215 feet, the Port of New York and New Jersey said the project is resulting in larger ships calling on its ports and is contributing to record-setting cargo volume and economic activity.
May Class 8 Sales Climb 18.1%; Analysts Expected More
U.S. retail sales of Class 8 trucks in May topped 19,000 and were the fourth-highest in the past 26 months, WardsAuto.com reported. However, analysts said a severely challenged supply chain has stalled even higher sales and added to truck makers’ production-related expenses.