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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.