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

As Trade War Simmers, US Soybean Shipments Hit One-Year Low

Soybeans Charlie Neibergall/Associated Press

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.

Michael Hirtzer and Dominic Carey | Bloomberg News
April 15, 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

IG Report Recommends Better Office Space Utilization at DOT

USDOT The outside of the DOT headquarters in Washington. (WikiMedia)

There is room for improvement in how officials across the U.S. Department of Transportation manage their office space, the department’s inspector general determined in a recent report.

Eugene Mulero | Staff Reporter
April 15, 2019
Business, Equipment

Class 8 Sales Surpass 22,000 in March

Freightliner Cascadia A Freightliner Cascadia. Freightliner remained the market leader in March. (Freightliner)

U.S. Class 8 retail sales in March climbed above 22,000 for the first time this year, WardsAuto.com reported. All truck makers but one notched gains.

Roger Gilroy | Staff Reporter
April 15, 2019
Business, Technology, Logistics, Opinion

Opinion: To Compete, Shippers Must Invest in Smart Technologies

To compete in the package delivery business, shippers must provide the best customer experience possible by investing in smart technologies and selecting the right delivery model, says Trevor Outman of Shipware.

Trevor Outman | Co-founder and President, Shipware
April 15, 2019
Business, Technology

Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Odin Jaeger/Bloomberg News

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.

Craig Trudell and Pavel Alpeyev | Bloomberg News
April 15, 2019
Business, Technology, Fuel

Chevron Megadeal Highlights Revival of American Energy

Chevron Daniel Acker/Bloomberg News

For all the ink spilled over climate change and the global energy transition, the world’s biggest energy companies are focusing on where it all began: American oil.

Kevin Crowley and Kelly Gilblom | Bloomberg News
April 15, 2019
Government, Business

Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs

Sergio Flores/Bloomberg News

Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.

Mike Dorning | Bloomberg News
April 15, 2019
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal

Boat Chris Ratcliffe/Bloomberg News

The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.

Andrew Mayeda | Bloomberg News
April 15, 2019
Business, Equipment

March Medium-Duty Sales Highlight Stable Market

Kenworth K370 Kenworth K370 by kenworth.com.

U.S. sales of medium-duty trucks in March held steady, settling above 21,000, WardsAuto.com reported.

Roger Gilroy | Staff Reporter
April 15, 2019
Business, Safety, Logistics

Drivers Feel Safer in Hotel Rooms, Fleets Say

Holland truck on the highway Over-the-road drivers at Holland sleep in private hotel rooms, a perk that helps with recruiting, the less-than-truckload carrier says. (YRC Worldwide)

Carriers that provide paid lodging for drivers say sleeping in hotel rooms not only improves their quality of rest, but also provides them with a greater sense of security.

April 15, 2019

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