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.
Trump Says China Signals Trade Talks on Target for November Deal
President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile.
World’s Priciest Oil Auction May Raise $50 Billion in Brazil
An auction next month of oil fields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
Infrastructure Advocacy Caucus Gives Voice to the Future
With the launch of the Future of Transportation Caucus, some members of Congress hope to shift the focus of transportation debates from funding to policy. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
Japan Rushes to Establish LNG Bunkering Hub
A United Nations-led call for action to tighten sulfur oxide emissions also may be a trigger accelerating a shift to natural gas as fuel for the global shipping fleet, and Japan is wasting no time trying to establish a refueling hub in Asia.
US House Members Propose Reforms to Infrastructure Construction Process
Legislation that seeks to advance infrastructure projects through innovative and open competition among suppliers recently was introduced by a bipartisan group of policymakers in the U.S. House of Representatives.
Ervin Equipment Announces C-Level Appointments
TA Logistics Teams With Other TFI Subsidiaries
TA Logistics is expanding its service footprint by linking up with sister companies under the parent company, TFI International Inc., according to an Oct. 15 news release.
October 21, 2019FedEx Completes First Commercial Drone Delivery
FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.
October 21, 2019Russia Willing to Pay to Lure Shippers to the Arctic
Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.
Global Container Terminals Joins TradeLens Blockchain Platform
Global Container Terminals Inc., a North American container terminal operator, has joined the TradeLens supply chain platform, which uses blockchain technology, according to an Oct. 17 news release.
October 21, 2019