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

Canada Imposes a 100% Tariff on Imports of Chinese-Made EVs

Canada will impose a 100% surtax on all Chinese-made electric vehicles beginning Oct. 1 in a series of measures aimed at cracking down on what the country views as unfair trade practices.

Noël Fletcher | Staff Reporter
August 26, 2024
Government, Business, Logistics

Back-to-Work Order Issued for Two Major Canada Railroads

TORONTO — The Canadian arbitrator appointed to resolve a railroad labor dispute to protect the North American economy has ordered employees at two major railroads back to work.

Josh Funk and Rob Gillies | Associated Press
August 26, 2024
Business, Equipment, Safety

2024 NTDC Awards Banquet Gallery

Photos from the 2024 National Truck Driving Championships and Step Van Championships Awards Banquet at the JW Marriott Grand Ballroom in Indianapolis on Aug. 24.

August 24, 2024
Business, Equipment, Safety

45 Finalists Announced at NTDC

INDIANAPOLIS — The 45 finalists competing at the National Truck Driving Championships were announced Aug. 24. Drivers representing states and companies will vie for a national title.

August 24, 2024
Business, Equipment, Safety

NTDC Spotlight: A. Duie Pyle

A. Duie Pyle drivers competing in the National Truck Driving Championships say they have the full backing of the West Chester, Pa.-based fleet, which is celebrating 100 years in business. 

Eugene Mulero | Senior Reporter
August 24, 2024
Business, Equipment, Safety

FMCSA’s Sue Lawless Praises Drivers’ Safety Focus

INDIANAPOLIS — The nation’s top trucking regulator praised the skill and commitment to safety exhibited by competitors at the 87th annual National Truck Driving Championships.

Eugene Mulero | Senior Reporter
August 23, 2024
Business, Equipment, For-Hire

Kenan Advantage Group Acquires Chemical Transporter TransVac

Kenan Advantage Group on Aug. 20 announced that it acquired specialty transportation provider TransVac.

Connor D. Wolf | Staff Reporter
August 23, 2024
Government, Business

Rate Cuts Seem Inevitable After Fed Chair Powell's Speech

WASHINGTON — Federal Reserve Chair Jerome Powell signaled that interest rate cuts are coming in a much-anticipated speech Aug. 23 in Jackson Hole, Wyo.

Paul Wiseman | Associated Press
August 23, 2024
Business, For-Hire, Top 100

Mike Gannon Appointed to Lead CRST

CRST has appointed Mike Gannon as its newest president and CEO, the company announced Aug. 23.

August 23, 2024
Business, Equipment, Safety

NTDC Spotlight: Robert Foskey

INDIANAPOLIS — Robert Foskey will become chairman for next year’s National Truck Driving Championships. He plans to continue promoting the spirit of collaboration and camaraderie.

Eugene Mulero | Senior Reporter
August 23, 2024