Business
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.
Experts Stress Partnerships as COVID-19 Disrupts Supply Chain
Transportation agencies and planners should rely on communication and partnerships as they respond to immediate needs and assess long-term effects associated with the coronavirus, according to an expert.
House Transportation Leaders Oppose Jones Act Waiver
The transportation policy leadership at the U.S. House of Representatives recently expressed opposition to waiving the Jones Act amid the coronavirus pandemic.
Arizona DOT Reopens Shuttered Rest Stops for Truckers
The Arizona Department of Transportation has temporarily reopened two rest areas to support truckers who are hauling supplies during the coronavirus pandemic.
16.8 Million Americans Unemployed as Economic Toll of COVID-19 Rises
The coronavirus outbreak has thrown at least 16.8 million Americans onto the unemployment rolls in just three weeks, underscoring the terrifying speed with which the crisis has brought world economies to a near standstill.
April 9, 2020FMCSA Extends HOS Emergency Declaration Through May 15
The Federal Motor Carrier Safety Administration has extended and expanded its emergency declaration providing regulatory relief to truck drivers who are transporting emergency supplies during the coronavirus outbreak.
Bridgestone Set to Restart North American Tire Plant Operations
Bridgestone Americas announced plans to restart its North American commercial tire plants as well as its North American Firestone industrial products and Firestone building products manufacturing facilities April 13.
April 8, 2020Alphabet’s Drone Delivery Service in Virginia Sees Surge During Pandemic
Alphabet Inc.’s Wing unit is seeing a dramatic increase in the number of customers using its drone delivery service in rural Virginia during the COVID-19 pandemic.
Trump Touts Infrastructure Plan as Congress Eyes Expanded Aid
Proposals that would help the transportation sector work through the coronavirus pandemic are coming from the highest levels of government. President Donald Trump is pressing support for large investments in infrastructure funded through no-interest loans, and congressional leaders are calling for major pay increases for workers — including truck drivers — who are on the front lines of the nation’s battle against the virus.
Coronavirus Changing How World Feeds Itself
The coronavirus pandemic is short-circuiting the intricate network of producers and suppliers needed to power the global food system.
Amazon Stock Stability Turns Perceptions of Investor Safety Upside Down
Investors are redefining what constitutes safety in the stock market as the unprecedented lockdown of the U.S. economy takes hold.