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

Ports Report Strong TEU Numbers at Halfway Mark of 2019

Most of the nation’s seaports reached the halfway point of 2019 reporting increased volume in 20-foot equivalent units (TEUs) compared with a year ago, which was a banner year for moving cargo.

Dan Ronan | Senior Reporter
July 17, 2019
Government, Business, Safety, Fuel

Federal Inactivity Drives State Creativity With Infrastructure Funding

In the absence of a strong federal partner, states clamoring for infrastructure funds have taken financing measures into their own hands.

Eleanor Lamb | Staff Reporter
July 17, 2019
Government, Business, Technology, Autonomous

Drone Tech Firm Cites Security in Cutting Ties With China’s Top Manufacturer

A supplier of drone technology to dozens of state and local law enforcement and public safety agencies, located in the United States and a handful of other countries, will stop working with Chinese drone manufacturers, citing security concerns.

Joshua Brustein | Bloomberg News
July 17, 2019
Business, Technology

Renault to Invest in Jiangling Electric Car in China

Renault SA will invest 128.5 million euros ($144 million) for a 50% stake in a venture with Jiangling Motors Corp. to develop electric vehicles in China, part of a push by the French company to make further inroads into the world’s biggest car market.

July 17, 2019
Government, Business

Housing Starts Fall in June on Fewer Multifamily Units

New home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.

Reade Pickert | Bloomberg News
July 17, 2019
Government, Business, Technology, Autonomous, TCA

Orlando Says It’s Open for Business as Automated Technology Hub

The Automated Vehicles Symposium conference is attracting some of the heaviest hitters in autonomous vehicles and could be the first step in making Central Florida a hub for the fast-emerging driverless car industry.

Marco Santana | Sentinel Orlando, Fla.
July 17, 2019
Government, Business

Trump Says He Could Impose More China Tariffs

President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade-war truce he reached with China’s Xi Jinping last month.

Justin Sink | Bloomberg News
July 17, 2019
Government, Business, Safety

FMCSA Imposes Lifetime Ban on Truckers Convicted of Human Trafficking

The Federal Motor Carrier Safety Administration has announced a final rule that permanently bans commercial motor vehicle drivers who have been convicted of human trafficking.

Eleanor Lamb | Staff Reporter
July 16, 2019
Government, Business, Safety

ARTBA Chairman Bob Alger Calls on Congress to Restore Highway Trust Fund

Congress needs to restore a federal highway account headed toward insolvency to provide funding certainty across the infrastructure construction sector, the leader of a national transportation advocacy group told lawmakers July 16.

Eugene Mulero | Senior Reporter
July 16, 2019
Business, Equipment

Cancellations Push June Trailer Orders to Nearly 10-Year Low

Preliminary net U.S. trailer orders for June dropped to the lowest point in nearly a decade, just surpassing 6,000, following heavy cancellations amid concerns over the 2020 freight environment, experts said.

Roger Gilroy | Senior Reporter
July 16, 2019