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

GM Pulls Support From Trump’s Battle With California on Emissions

General Motors Co. will withdraw from the legal battle between the Trump administration and California officials over the state’s authority to set automobile emissions rules, a major shift in the contentious fight that has fractured the industry.

November 23, 2020
Business, Technology, Equipment

TruckLabs Introduces New Name, Software Product

XStream Trucking Inc. renamed itself TruckLabs and introduced its new fleet management software TripDynamics.

Roger Gilroy | Senior Reporter
November 23, 2020
Business, Logistics

XPO’s Europe Unit Sale Said to Slow as Blackstone Drops Out

XPO Logistics Inc.’s sale of its European supply chain business has slowed after a key bidder dropped out of the process, people with knowledge of the matter said.

November 23, 2020
Government, Business, Logistics

N.J. Leaders Announce Infrastructure Projects to Aid Regional Port Operations

New Jersey officials recently announced a series of infrastructure projects meant to support operations for port facilities and the vehicles that serve them.

Eleanor Lamb | Staff Reporter
November 23, 2020
Government, Business, Logistics, TCA

C.H. Robinson Warns US Companies Could Miss Tariff Refunds

Minnesota transportation and logistics company C.H. Robinson says it has identified almost $1 billion in potential refunds of tariffs its American clients paid on Chinese imports.

Jim Spencer | Star Tribune (Minneapolis)
November 23, 2020
Government, Business, Safety

GM to Recall 7 Million Vehicles to Replace Takata Air Bags

The U.S. is making General Motors recall and repair nearly 6 million big pickup trucks and SUVs equipped with potentially dangerous Takata air bag inflators.

Tom Krisher | Associated Press
November 23, 2020
Government, Business, Logistics

Boatloads of Cargo Off Los Angeles Grind Gears of World Economy

A flotilla of almost a dozen cargo vessels sits anchored just south of Los Angeles this weekend, waiting for berth space. Around the twin ports of L.A. and Long Beach, shipping containers already are stacked five and six high — the maximum the fire department will allow.

Brendan Murray | Bloomberg News
November 23, 2020
Business, Technology, Autonomous

Gatik’s Self-Driving Delivery Vans Head North to Canada

Gatik, a Silicon Valley-based self-driving startup, has begun hauling cargo for Loblaws Inc., Canada’s largest grocer.

Kyle Stock | Bloomberg News
November 23, 2020
Government, Business, Safety, Logistics

US Capitol Christmas Tree Photo Gallery

From harvesting, to transport, to arrival in D.C., to the lighting, check out photos of the U.S. Capitol Christmas Tree's journey from the forests of Colorado to the nation's capital.

November 23, 2020
Business, Top 50

Top 50 Global Freight Carriers Face Major Disruption

Despite pandemic challenges, the companies ranked on the Transport Topics 2020 Top 50 Global Freight Carriers list have adjusted their operations to keep pace with ever-changing market conditions.

Seth Clevenger | Managing Editor, Features and Multimedia
November 23, 2020