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, Logistics

Europe to Trump: If You Want a Trade War, You’ll Get One

The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war.

January 29, 2018
Government, Business, Safety, Autonomous

Capitol Agenda for the Week of Jan. 29: State of the Bridges

One-fifth of Iowa’s bridges are structurally deficient, as are more than 4,100 bridges in Pennsylvania. Twenty-three percent of bridges in Rhode Island are in that category. And, Washington, D.C., has eight of them. What's Congress going to do about them? Here's a look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
January 29, 2018
Business, Technology, Equipment, Safety, Autonomous, TCA

Why Self-Driving Cars Will Likely Be Light-Colored

The issue involving something as simple as choice of paint color underscores the sweeping effects of self-driving cars for automotive engineering, said Samit Ghosh, CEO of automotive consulting and engineering firm P3 North America.

Nathan Bomey | USA Today
January 29, 2018
Government, Business, Logistics

US Says ‘Some Progress’ Was Made at Latest NAFTA Talks

The U.S., Canada and Mexico said they’ve made some progress in the latest round of NAFTA talks, while America’s trade chief warned he’d like negotiations to speed up.

January 29, 2018
Business

Tiger Cool Express Adds Two New Executives

Refrigerated intermodal carrier Tiger Cool Express added two veteran transportation executives to its management team.

January 29, 2018
Business, Logistics

FedEx to Borrow $1.5 Billion for Contribution to Pension Plan After Tax Changes

FedEx Corp. is borrowing $1.5 billion to fund a contribution to its pension plan that it announced after the passage of U.S. tax law changes.

Molly Smith | Bloomberg News
January 29, 2018
Business, Logistics, TCA

New Hawaii Cargo Shipping Service is a No-Go

A much-touted plan to start a new Hawaii ocean cargo transportation service is dead in the water.

Andrew Gomes | The Honolulu Star-Advertiser
January 29, 2018
Government, Business, Safety

Iowa Tops ARTBA List of States With Deficient Bridges

Iowa is home to the most structurally deficient bridges, while the District of Columbia contains the fewest, according to a recent report from the American Road and Transportation Builders Association.

Eleanor Lamb | Staff Reporter
January 29, 2018
Business, Technology, Equipment

Rolling Strong Picks Moblico for Coaching, Rewards Program on New Mobile App

Driver-wellness program provider Rolling Strong has chosen mobile technology firm Moblico to deploy its coaching and rewards program to its new mobile app.

January 29, 2018
Business, Technology, Logistics

First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey

The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction.

Isis Almeida | Bloomberg News
January 29, 2018