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.

Business, Technology, Autonomous

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.

Alan Levin | Bloomberg News
July 16, 2019
Government, Business, Fuel

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.

Ryan Collins | Bloomberg News
July 16, 2019
Government, Business

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.

Christopher Rugaber | Associated Press
July 16, 2019
Government, Business, Safety, Autonomous

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.

Eleanor Lamb | Staff Reporter
July 15, 2019
Government, Business, Fuel

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.

Jim Stinson | Staff Reporter
July 15, 2019
Government, Business

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.

Eleanor Lamb | Staff Reporter
July 15, 2019
Government, Business, Technology, Safety

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.

Eugene Mulero | Senior Reporter
July 15, 2019
Business, Equipment

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.

Roger Gilroy | Senior Reporter
July 15, 2019
Business, Logistics, TCA

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.

Andrea Leinfelder | Houston Chronicle
July 15, 2019
Business, Technology, Fuel

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.

Natalie Obiko Pearson | Bloomberg News
July 15, 2019