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.
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.
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.
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, 2018Allison 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, 2018Drive 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, 2018Deaf 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.
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.
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.
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, 2018Opinion: 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.