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

Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP

Mexico President Andres Manuel Lopez Obrador announced an infrastructure plan worth 859 billion pesos ($44 billion) that includes highways, railways, ports and airports as well as investments in telecommunications, with most of the capital coming from the private sector.

November 26, 2019
Government, Business

Strike Ends as CN Rail, Union Reach Tentative Deal

Canadian National Railway and the Teamsters Canada Rail Conference announced Nov. 26 the sides reached a tentative agreement to end the strike by 3,200 CN Rail conductors and yard crews.

Dan Ronan | Senior Reporter
November 26, 2019
Government, Business, Fuel

Diesel Falls 0.8¢ to $3.066 a Gallon

The U.S. average retail price of diesel dipped 0.8 cent to $3.066 a gallon, the Department of Energy reported Nov. 25.

Roger Gilroy | Senior Reporter
November 25, 2019
Business, Technology, Safety

FCC Considers Taking Away Spectrum Used by Transportation Industry

Federal Communications Commission Chairman Ajit Pai wants to slash, or even end, public- and private-sector transportation interests’ exclusive access to a slice of spectrum known as Dedicated Short Range Communications.

Roger Gilroy | Senior Reporter
November 25, 2019
Government, Business, Safety, Logistics

Los Angeles Feasibility Study Will Look at Congestion Pricing

Los Angeles has joined the metropolitan areas that are exploring congestion pricing systems.

Eleanor Lamb | Staff Reporter
November 25, 2019
Business, Technology

Ford Challenges Tesla to a Truck Tug of War

Tesla Inc.’s Elon Musk plainly says his pickup is a “better truck than an F-150.” Ford Motor Co. is taking issue with that claim.

Keith Naughton | Bloomberg News
November 25, 2019
Government, Business, Safety, Fuel

US House Transportation Committee Advances Pipeline Safety Bill

Legislation that aims to enhance safety across pipeline systems, as well as tackle concerns related to climate change, recently was advanced by a panel in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
November 25, 2019
Government, Business, Technology

Uber Loses License in London Over Safety, Vows to Appeal

LONDON — London’s transit authority Nov. 25 refused to renew Uber’s operating license over concerns about impostor drivers, with the ride-booking company vowing to appeal the decision as it struggles to secure its future in the British capital.

Kelvin Chan | Associated Press
November 25, 2019
Government, Business, Technology, Safety

FMCSA to Announce Two-Year Delay in Implementing ELDT Rule

Federal trucking regulators are nearing completion of a formal notice that they plan to delay implementation of the Entry Level Driver Training rule by up to two years after it was set to go into effect on a limited basis Feb. 7.

Eric Miller | Senior Reporter
November 25, 2019
Business, Equipment

Longtime Wabash National Chairman Martin Jischke to Retire

Wabash National Corp., the nation’s largest manufacturer of trailers and liquid transportation systems, announced Nov. 25 that board Chairman Martin Jischke is retiring after the 2020 annual stockholder’s meeting.

November 25, 2019