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.

Business

Effective Lending Options for Your Transportation Business

Finding the right financial provider can be a difficult, time-consuming endeavor. The guidance in this whitepaper will help businesses effectively and efficiently choose the best fit from some of the most popular and useful commercial financing products available.

December 1, 2024
Government, Business, Logistics

Mexico Warns Against ‘Inflationary’ US Tariff Plan

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.

November 27, 2024
Government, Business, Logistics

European Markets Slide on Trump’s Trade War Warning

Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.

November 27, 2024
Government, Business, Logistics

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024
Business, Technology, Equipment, Autonomous

Pony AI Raises $413M, Shares Surge in Nasdaq Debut

With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.

Bailey Lipschultz | Bloomberg News
November 27, 2024
Government, Business

Goldman Warns of Consequences From Canada Tariff Plan

The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the U.S., said Daan Struyven, the head of commodities research for Goldman.

November 27, 2024
Government, Business

Consumer Spending Powers Q3 US GDP Growth to 2.8%

Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.

November 27, 2024
Business, Safety

Trucking Cares Supports N.C. Recovery With $50K Donation

The largest donation in Trucking Cares Foundation history will help hospital workers in western North Carolina rebuild their own lives while they serve their storm-ravaged community.

November 27, 2024
Business, Logistics

NMFTA’s LTL Freight Classification Updates Coming July 2025

The National Motor Freight Traffic Association has set July 19, 2025, as the date it will launch its updated less-than-truckload freight classification system.

November 27, 2024
Government, Business

Federal Reserve Officials Signal Cautious Path for Rate Cuts

WASHINGTON — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves.

Christopher Rugaber | Associated Press
November 26, 2024