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.
Experts: Public-Private Partnerships Could Plug Federal Government Shortfalls in Infrastructure Funding
WASHINGTON — As Congress looks to find common ground on a $2 trillion proposal that would ensure long-term infrastructure funding on the federal level, states could look more to public-private partnerships as a means of paying for local projects, experts said.
US Lifts Steel, Aluminum Duties on Canada, Mexico
President Donald Trump said the U.S. will lift steel and aluminum tariffs on Canada and Mexico, boosting efforts to encourage lawmakers to ratify his new North American trade deal.
Gas-Tax Hike Is in Play as Trump Weighs Infrastructure Politics
The Trump administration hasn’t ruled out increasing the gas tax to help finance a $2 trillion infrastructure plan, but the idea has little support among officials who are wary of a politically risky move heading into the 2020 election.
NTSB: Autopilot Was in Use Before Tesla Hit Semitrailer
DETROIT — A Tesla Model 3 involved in a fatal crash with a semitrailer in Florida on March 1 was operating on the company’s semi-autonomous Autopilot system, federal investigators have determined.
Ohio Competition Gets Underway With Scott Woodrome Favored to Win
SANDUSKY, Ohio — Defending national Grand Champion Scott Woodrome of FedEx Freight is back at the Ohio TDC beginning his quest to repeat.
Port of Oakland Assures Tenants A’s Stadium Won’t Hurt Business
OAKLAND, Calif. — The Port of Oakland’s board of commissioners May 13 unanimously approved an exclusive negotiating term sheet that would give the Oakland A’s four years to obtain land use permits, conduct an environmental review and do other preparatory work needed to eventually lease the 50-acre Howard Terminal — one of six marine terminals at the port.
Ford Sticks With Hybrids as Other Automakers Rush to All-Electric Vehicles
DETROIT — While other automakers — notably crosstown rival General Motors and German giant Volkswagen — shift their focus to vehicles powered by electricity alone, Ford continues to develop and invest in hybrids, which combine gasoline engines with electric batteries.
April Trailer Orders Slide Amid Scarce Production Slots
U.S. trailer orders in April dropped 40% to 13,200 compared with a year earlier as open production slots in 2019 remained scarce, FTR reported, citing trailer makers’ preliminary data.
May 17, 2019Trump Delays Imposing Tariffs on Auto Imports, Parts
WASHINGTON — Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump decided against declaring commercial war on America's friends: The White House said May 17 that he is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
May 17, 2019Unmanned Truck Operates on Public Road in Sweden
An unmanned, self-driving truck now is hauling cargo on a short stretch of public road in Sweden.