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.
Alphabet Unveils App to Provide Air-Traffic Control for Drones
The company that brought you free digital maps and e-mail wants to do the same thing for your drone.
Permian Basin Watch: America’s Hottest Shale Play Is Slowing Down
The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning.
US Retail Sales Rise 0.4% in June in Sign of Consumer Health
U.S. retail sales rose at a solid pace in June, providing crucial support to the economy at a time when other drivers of growth have faded.
Louisiana’s Autonomous Truck Rules Will Take Effect Aug. 1
Louisiana’s recently approved regulations for autonomous commercial motor vehicles will take effect Aug. 1.
Diesel Drops 0.4¢ to $3.051 a Gallon as Barry Dissipates
The U.S. average retail price of diesel dropped by 0.4 cent to $3.051 a gallon, the Department of Energy reported July 15. Meanwhile, crude oil slid to less than $59 a barrel during trading of West Texas Intermediate.
Rhode Island Truck Tolls Exceed Revenue Projections in First Year
Rhode Island’s truck tolling program brought in $7.2 million in its first year, slightly exceeding revenue expectations.
Sen. Ed Markey, Rep. Steve Cohen Introduce ‘Complete Streets’ Legislation
Establishing a nationwide mandate to ensure municipalities design streets with every user in mind is the essence of legislation a group of federal lawmakers introduced this month.
Medium-Duty US Retail Sales in June Fall Flat
U.S. retail sales of medium-duty trucks in June dipped ever so slightly overall as they posted a gain only in the Class 6 segment, WardsAuto.com reported.
Houston Airport Continues Cargo Growth With Service From CAL Cargo Airlines
Bush Intercontinental Airport, moving a record 500,000 tons of cargo last year, is continuing its growth with new service from CAL Cargo Airlines.
Chevron Seeks to Turn Canada LNG Plan Into All-Electric Design
Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.