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 Pushing Hard to Reach NAFTA Agreement
With critical political deadlines fast approaching, the Trump administration is racing to strike a deal on a revamped North American Free Trade Agreement by early May — with an eye toward forcing a congressional vote on a new pact by the end of the year.
Tonnage Remains Solid, Takes Breather in March
Truck tonnage rose 6.3% in March compared with the same period a year ago, according to American Trucking Associations’ monthly for-hire truck tonnage index.
Opinion: Safety Culture Falls Outside Government Purview
Should the federal government be measuring your company’s safety culture? The short answer is “no.” Absolutely not.
Trump Says Mnuchin Going to China to Negotiate Trade in Days
Treasury Secretary Steven Mnuchin will depart for China to negotiate over U.S. trade disputes within days, President Donald Trump said.
Caterpillar Gives Vote of Confidence to Global Economy
Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.
Sales of New Homes Advance to Four-Month High
U.S. new-home sales increased in March to a four- month high, mainly reflecting a surge in the West, and upward revisions to prior months showed stronger first-quarter demand than previously estimated, according to government data released April 24.
Amazon Starts Delivering Goods to Trunks of GMs, Volvos
Amazon.com has partnered with General Motors Co. and Volvo Cars to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes.
Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar
AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.
Electric Buses Starting to Dampen Demand for Diesel
Electric buses were seen as a joke at an industry conference in Belgium seven years ago when Chinese manufacturer BYD Co. showed an early model.
AirFlow Truck Co., Toyota Highlight Class 8 Technology at Shell’s ‘Make the Future’ Event
SONOMA, Calif. — Equipment manufacturers showcased new fuel-efficient Class 8 tractor technology here during Shell’s “Make the Future” event at the Sonoma Raceway on April 20.