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, Logistics

Employees at Amazon’s New NYC Warehouse Launch Union Push

Amazon fulfillment center Staten Island Amazon's fulfillment center in Staten Island. (Julie Jacobson/AP)

A committee of employees at Amazon.com’s recently opened Staten Island fulfillment center is going public with a unionization campaign, a fresh challenge to the e-commerce giant in a city where it plans to build a major new campus.

Josh Eidelson | Bloomberg News
December 12, 2018

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 1 of our Season Intersession of RoadSigns, "How Does Congress Say Trucking," is now available. Check back here often as new content is always being added!

Transport Topics
October 22, 2018
Government, Business

Bombardier’s New Jersey Transit Win Softens ‘Astonishing’ Blow in Canada

Yves Desjardins-Siciliano Yves Desjardins-Siciliano, president and CEO of Via Rail Canada Inc. (Cole Burston/Bloomberg)

Bombardier Inc. got a split decision in its accelerated push for rail contracts, scoring a victory in New Jersey and a home-turf loss the company called “astonishing.”

Frederic Tomesco and Oliver Sachgau | Bloomberg News
December 12, 2018
Business, Equipment, Safety

Drivers, Carriers Have Different Concerns Regarding Driver Shortage, Retention

Driver Shortage A digital sign indicates available truck parking. (U.S. Department of Transportation)

The nation’s motor carriers and their drivers see different priorities when it comes to issues facing the trucking industry, a new study found.

Dan Ronan | Associate News Editor
December 12, 2018
Government, Business, Safety

Washington State Combats Collisions With New Wildlife Bridge

Wildlife Bridge Interstate 90 traffic passes beneath the wildlife bridge under construction. (Elaine Thompson/Associated Press)

SNOQUALMIE PASS, Wash. — Before descending the Cascade Mountains on its final stretch to Seattle, Interstate 90 cuts through a mountain pass of old-growth forests and wetlands.

Manuel Valdes | Associated Press
December 12, 2018
Business, Technology, Equipment

Rush Enterprises Showcases Employees at Tech Skills Rodeo

W.M. Rush, Steven Brain, Clint Bowyer W.M. Rush (left), Steven Brain and NASCAR driver Clint Bowyer. Rush Truck Centers is the lead sponsor for the No. 14 Ford Fusion driven by Stewart-Haas Racing team member Bowyer. (Eric Fossum)

SAN ANTONIO — They came for a share of $280,000 in cash and prizes and to compete and celebrate like family. In all, 232 technicians, and truck and parts sales personnel selected from across Rush Enterprises’ national network, vied in skills tests to prove they were the champions of what they do for the truck dealership.

Roger Gilroy | Staff Reporter
December 12, 2018
Government, Business, Fuel

Oil Extends Gain as US Stockpiles Drop and Trade Tensions Ease

Oil Brittany Sowacke/Bloomberg News

Oil extended an advance after a U.S. industry report signaled a bigger-than-expected draw in nationwide crude inventories and as trade tensions eased between the world’s largest economies.

Grant Smith | Bloomberg News
December 12, 2018
Business, Technology, Logistics

Agility to Invest $100 Million in Shipa Digital Logistics Platform

Agility, a global logistics and freight services company headquartered in Kuwait, has announced a $100 million investment over three years to launch Shipa.com. The platform will help businesses, entrepreneurs and consumers manage freight, e-commerce and urban deliveries online.

Transport Topics
December 12, 2018
Business, Technology, Fuel

Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output

Hyundai David Paul Morris/Bloomberg News

Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.

Sohee Kim | Bloomberg News
December 12, 2018
Business, Technology, Autonomous

Tesla CEO Elon Musk Is Getting Last Laugh on Wall Street

Elon Musk Musk (Susana Gonzalez/Bloomberg News)

It was only a few months ago that Wall Street was bashing Elon Musk’s Tesla Inc. Times have changed for the automaker and its mercurial CEO.

Esha Dey | Bloomberg News
December 12, 2018
Government, Business, Fuel

House Panel Examines Draft Legislation for Ethanol Mandates

fuel pump United Soybean Board

WASHINGTON — With the current session of Congress quickly coming to a close, the top policymaker on environmental issues in the U.S. House made sure new draft legislation on ethanol mandates he co-authored would see the light of day.

Eugene Mulero | Staff Reporter
December 12, 2018

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