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, Technology, Equipment

Tire Makers Work to Develop Product Lines That Promote Greater Fuel Efficiency

Tire makers say they continue to develop more fuel-efficient products ahead of tighter greenhouse gas emissions standards.

Fran Matso Lysiak | Features Editor
June 5, 2017
Business

Trucking Industry Payrolls Dip by 100 in May

For-hire trucking lost 100 jobs in May, while the unemployment rate declined to a 16-year low, the Labor Department reported June 2.

June 2, 2017
Business

Wider Trade Gap May Signal Drag on Second-Quarter Growth

U.S. demand for foreign-made goods climbed and exports declined, causing the trade deficit to widen in April, which may restrain the pace of economic growth this quarter, Commerce Department data showed June 2.

Michelle Jamrisko | Bloomberg News
June 2, 2017
Business, Technology, Autonomous

Waymo Working on Self-Driving Truck

Alphabet Inc.'s self-driving car unit, Waymo, is working on developing self-driving trucks, the company said June 1.

June 2, 2017
Business

Wal-Mart Asks Employees to Deliver Packages on Their Way Home

Wal-Mart Stores Inc. is testing a program that sends store employees to deliver online orders at the end of their shifts, a new push by the world’s biggest retailer to use its large physical footprint to match Amazon.com Inc.’s convenient options for web purchases.

June 1, 2017
Government, Business

New York City, XPO Renew Emergency Logistics Deal

New York City renewed a multiyear contract with XPO Logistics that calls for the company to provide emergency management services across the five boroughs of the nation’s most populous city.

June 1, 2017
Business

Volvo Expects Range of Market Shifts to Push Demand for New Model

WINSTON-SALEM, N.C. — Volvo Trucks North America expects market shifts that range from the expanded Panama Canal to the strongest construction market in a decade to lift demand for its new VNR regional-haul model, company representatives said.

Joe Howard | Executive Editor
June 1, 2017
Business

UPS Opens Facility in Poland as Part of $2 Billion Europe Expansion

UPS Inc. has announced the opening of a new package facility in Myslowice, Poland. The larger center and increased sorting capacity will allow the service to help businesses of all sizes in southern Poland reach customers in the rest of the country, Europe and beyond, according to a UPS release.

June 1, 2017
Business

ATRI Seeks Industry Input for Operational Costs Report

The American Transportation Research Institute is seeking input from for-hire motor carriers for its upcoming Operational Costs of Trucking report.

June 1, 2017
Business

Manufacturing Settles In at Solid Pace of Expansion

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released June 1 showed.

Michelle Jamrisko | Bloomberg News
June 1, 2017