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.
Driverless Tech Part of SoftBank’s 300-Year Plan
SoftBank Group Corp.’s Masayoshi Son wants his company to grow for 300 years, and he’s willing to pour billions of dollars into far-out technology to make it happen.
Head of Brazil’s State Oil Company Resigns in Wake of Trucker Strike
RIO DE JANEIRO — The president of Brazilian state oil company Petrobras resigned June 1, the latest fallout from a crippling truckers’ strike over fuel prices that has widespread implications for the future of Latin America’s largest economy.
Capitol Agenda for the Week of June 4: The Word
In a small side room at Washington’s Union Station, this year’s Infrastructure Week kicked off with a keynote address from Transportation Secretary Elaine Chao. She again pointed to the private sector and state and municipal officials as being the key drivers on infrastructure funding. Before the secretary’s address, Austin, Texas, Mayor Steve Adler had offered the infrastructure intelligentsia in attendance a different message. A look at the week ahead for trucking on Capitol Hill.
Tennessee State Truck Driving Championships
Photo coverage of winners from the 2018 Tennessee Truck Driving Championships April 27-28 in Antioch, Tenn. (Photos courtesy of the Tennessee Trucking Association)
June 4, 2018Trade Spat Heats Up as Trump Faces Off With G-7 Allies in Quebec
President Donald Trump is headed for a showdown with America’s allies at a Group of Seven summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminum levies.
U.S. Xpress Enterprises Announces IPO
U.S. Xpress Enterprises has launched an initial public offering of 18,056,000 shares of its Class A common stock, the Chattanooga, Tenn.-based company announced June 4.
June 4, 2018Navistar Sees Market Share Gains as VW Considers Stronger Links
Navistar International Corp. is pivoting from a largely complete turnaround effort to seeking greater share in a robust U.S. truck market, potentially paving the way for closer ties or even a merger with alliance partner Volkswagen AG.
Maine Truck Driving Championships
Photo coverage of winners from the 2018 Maine Truck Driving Championships on May 19 in Hermon, Maine. (Photos courtesy of Maine Motor Transport Association)
June 4, 2018WiseTech Global Buys SaaS Transportation
International logistics software firm WiseTech Global purchased SaaS Transportation, a provider of less-than-truckload and logistics transportation management solutions that include integrated quoting, booking and tracking.
June 4, 2018This Year’s Roadcheck to Focus on HOS Compliance
This year’s International Roadcheck will take place from June 5-7, with a focus on hours of service.