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.

Government, Business

New Jersey Busts $1 Million Cargo Theft Ring

An 11-man, $1 million cargo theft ring was broken up by the New Jersey State Police last month in “Operation Botany Strike.”

April 2, 2018
Business

Jodie Teuton Named Chairwoman of American Truck Dealers

Jodie Teuton is adding another accomplishment to her successful career in the trucking industry, being elected chairwoman of American Truck Dealers for a two-year term.

April 2, 2018
Business

Trucking Prices Are About to Rise Even More

A U.S. trucking shortage that has pushed up freight costs for everything from cereal to toothbrushes is about to get worse.

Thomas Black | Bloomberg News
April 2, 2018
Business

China Urges More Trade Talks as Tariffs on US Goods Begin

China urged trade talks with the United States to prevent greater damage to relations while saying that previously announced retaliatory measures on American imports took effect April 2.

April 2, 2018
Business

Port of New York and New Jersey on 2018 Record Pace

Cargo volume is on a record pace for the Port of New York and New Jersey, which said in February it set a monthly record for cargo volume, and that it is on track to improve upon the record set in 2017, when it handled 6.7 million 20-foot-equivalent units, or TEUs.

April 2, 2018
Business

Factory Gains Cool as Inflation in Raw Materials Picks Up

U.S. factories expanded at a slightly slower pace in March, and a measure of raw-material prices hit an almost seven-year high, as manufacturers struggled to keep up with demand, data from the Institute for Supply Management showed April 2.

April 2, 2018
Government, Business, Logistics, TCA

Trump: The Washington Post Should Register as Lobbyist Over Amazon’s Postal ‘Scam’

President Donald Trump charged March 31 that The Washington Post, owned by billionaire Jeff Bezos, should register as a lobbyist, insinuating that it abetted his other company, Amazon, in pulling off a U.S. Postal Service “scam” to deliver its packages at a loss.

Doug Stanglin | USA Today
April 2, 2018
Business, Technology, Autonomous, TCA

Ohio Logistics Firm Buys Property in Anticipation of Autonomous Trucks

Jarrett Cos. has purchased a 53-acre property in Seville, Ohio, that it expects eventually will be used by driverless, autonomous trucks.

April 2, 2018
Government, Business

Global Trade on the Upswing, DHL Barometer Says

Prospects for international trade growth look positive for the next three months, according to the DHL Global Trade Barometer, an index designed to present the current state of global trade and provide insight on movement in the near term.

April 2, 2018
Business

Port of Houston Says Cargo Tonnage Up 7% in 2018

Cargo volume at Port Houston increased 7% during the first two months of this year, boosted by a strong uptick in steel imports, the port announced.

April 2, 2018