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.

Business

Trump’s China Tariffs Risk Costing US Jobs, New Study Shows

President Donald Trump said his trade actions may cause “a little pain” in the short term, and a new study shows U.S. agricultural workers could be hurt the most.

Mark Niquette | Bloomberg News
May 1, 2018
Government, Business

US Economy Hits Milestone as Fed Tries to Keep Growth Rolling

With the calendar’s turn from April to May, the U.S. economic expansion has become the nation’s second-longest on record.

Sho Chandra and Vince Golle | Bloomberg News
May 1, 2018
Business, Logistics

Freight Forwarder DSV Says Technology Gives It Edge Over Amazon

Amazon.com may be about to dramatically reshape the $500 billion freight-forwarding market. But not all businesses it is competing with will be hit equally hard.

May 1, 2018
Business, Equipment

Allison Transmission Income, Revenues Jump in First Quarter

Allison Transmission reported first-quarter 2018 net income of $151 million, or $1.09 per share, up 82% from the $83 million, or 53 cents per share, of net income reported in the first quarter of 2017.

April 30, 2018
Business

Drive Train Industries, Inland Truck Parts Announce Merger

Two longtime employee-owned rivals have signed an agreement to merge after working independently in the truck parts and service business since the end of World War II.

April 30, 2018
Business, Safety, Logistics, TCA

Deaf Washington Man Finally Can Follow in Grandfather’s Footsteps as a Truck Driver

Justin Brooks has dreamed of the open road since he was a young child, riding along in the front seat of his grandfather’s truck on shipping routes.

Chad Sokol | The Spokesman-Review (Spokane, Wash.)
April 30, 2018
Business, Safety, Top 100

FedEx Office Imposes Photo ID Policy in Response to Austin Bombings

FedEx Office has started asking customers to show photo identification when mailing packages from one of its 1,900 stores.

Maria Halkias | The Dallas Morning News
April 30, 2018
Government, Business, Fuel, TCA

Get Ready for the Most Expensive Driving Season in Years

Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.

Alex Veiga | AP Business Writer
April 30, 2018
Business, Technology, Autonomous, TCA

Driverless Tech Companies Face Scrutiny Over Safety Transparency

On March 18, a robot-driven Volvo operated by Uber hit and killed a pedestrian in Arizona. Advocates for automation maintained that the tragedy shouldn’t detract from the likelihood that driverless technology is eliminating human error and making driving safer.

April 30, 2018
Government, Business, Perspective

Opinion: New Lease Accounting Rules May Hit Smaller, Private Carriers Hardest

Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year.

Jennifer Wieroniey | Manager, National Accounting and Finance Council, American Trucking Associations
April 30, 2018