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.
Metropolitan Leaders Discuss Congestion Pricing Challenges, Solutions
WASHINGTON — Transportation leaders identified outreach and education as tools that can help bridge the “trust gap” between communities and congestion pricing.
Blackstone Nears Deal to Invest in Warehousing in India
Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market.
Metropolitan Planners Encouraged to ‘Go Out in the Field’
WASHINGTON — Planning organizations can better grasp transportation needs by hearing from a wide array of industry representatives and visiting communities that are affected by freight movement, according to planning experts.
Pete Buttigieg Releases $1 Trillion Infrastructure Plan
Pete Buttigieg has become the latest presidential candidate to release a comprehensive infrastructure plan, announcing his $1 trillion “Building for the 21st Century” plan Jan. 10.
Trucking Backs Trump Proposal to Streamline Environmental Reviews for Infrastructure
The trucking industry and other stakeholders are backing a White House proposal to streamline the environmental approval process for infrastructure projects.
GM Set to Revive Hummer Brand With Electric Truck and SUV
General Motors Co. is moving forward with plans to revive its polarizing Hummer brand, this time as an electric truck instead of an emblem of gasoline consumption, according to people familiar with the matter.
Atlanta Was Easiest Market for Spot Loads in 2019, DAT Solutions Report Says
Atlanta was the easiest market to find spot truckload van freight in 2019, according to a Jan. 9 DAT Solutions report, and because spot freight is unscheduled freight, it is seen as a dynamic indicator of economic activity.
January 10, 2020Oregon DOT Appoints Leaders for Office on Mobility, Project Delivery
The Oregon Department of Transportation has announced three leaders to steer its newly formed Office of Urban Mobility and Mega Project Delivery.
Tenneco Names Brian Kesseler Sole CEO
Commercial vehicle supplier Tenneco Inc. announced co-CEO Brian Kesseler will assume the newly consolidated role of CEO.
January 10, 2020Fleets Launch Forum to Pursue Clean Transportation
Fourteen trucking fleets announced the formation of the ACT Fleet Forum, an educational initiative to share best practices among participating fleets, as well as involvement from technology providers and fuel suppliers, on adopting advanced clean transportation technologies.
January 10, 2020