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, Technology, Logistics

Amazon Is Said to Prepare Closing of Chinese E-Commerce Store

Amazon Chris Ratcliffe/Bloomberg News

Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.

Bloomberg News
April 17, 2019

Transport Topics Podcasts: AOBRDs and ELDs

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns programs. Episode 1 and 2 of Season Two, "The AOBRD Phaseout" and "What Does the Future Hold for ELDs?" are now available. Check back here often as new content is always being added!

Transport Topics
March 12, 2019
Government, Business, Logistics

Growth Continues, but Risk of Recession Looms Larger, Economist Says

Roadrunner Transportation Systems trailers Roadrunner Transportation Systems via Facebook

ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.

Daniel P. Bearth | Staff Writer
April 17, 2019
Government, Business

Trade Gap Narrows to Eight-Month Low on Plane Exports

Trade Getty Images

The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes.

Reade Pickert | Bloomberg News
April 17, 2019
Business, Technology

Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW

Toyota Tomohiro Ohsumi/Bloomberg News

Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.

David Welch and Chester Dawson | Bloomberg News
April 17, 2019
Government, Business, Safety, Logistics

FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques

Strawberries are loaded onto a truck Strawberries are loaded onto a truck in Florida. (Mark Elias/Bloomberg News)

Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units.

Eric Miller | Staff Reporter
April 17, 2019
Business

Ford Sees $1 Billion Boon From One Truck Plant Transformation

Ford A Ford F-250 truck stands near an American flag at the Ford Kentucky Truck Plant in Louisville, Ky. (Luke Sharrett/Bloomberg News)

Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and also SUVs. And the automaker said that factory is just the first of many that will pump out more profit.

Keith Naughton | Bloomberg News
April 17, 2019
Government, Business

Infrastructure Policy On Tap When Trump, Pelosi Meet Again

Donald Trump and Nancy Pelosi President Donald Trump and Nancy Pelosi in March. (Manuel Balce Ceneta/AP)

Amid growing pressure from the transportation community, President Donald Trump and House Speaker Nancy Pelosi intend to meet again soon to discuss infrastructure policy.

Eugene Mulero | Staff Reporter
April 17, 2019
Business, Logistics

PepsiCo Shares Climb to Highest on Record

pepsi TT File Photo

Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.

Craig Giammona | Bloomberg News
April 17, 2019
Government, Business

As Trade Grows, Port of Oakland Gets Shipping Line to Vietnam

Port of Oakland A containership waits to be unloaded at the Port of Oakland. (Ben Margot/Associated Press)

Boosted by extraordinary trade growth with Vietnam, the Port of Oakland will offer a direct line to the Southeast Asian nation. Pacific International Lines will operate the service using vessels that can carry up to 11,900 20-foot equivalent units.

Jim Stinson | Staff Reporter
April 17, 2019
Government, Business, Logistics

Virginia Lawmakers Approve Gov. Ralph Northam’s Funding Plan for I-81

I-81 at Roanoke, Va. Traffic on Interstate 81 in Roanoke County, Va. (Virginia Department of Transportation/Flickr)

Virginia’s General Assembly has approved Gov. Ralph Northam’s fundraising suggestions for Interstate 81 improvements.

Eleanor Lamb | Staff Reporter
April 17, 2019

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