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.
Automakers Take Page From SUV Playbook to Ramp Up Sedans
All-wheel-drive sedans used to be a niche market limited to park rangers and uptight snow-belt drivers. These days, they’re becoming a more popular choice for decidedly mainstream models.
Consumer Prices Trail Estimates, Testing Fed Chairman Jerome Powell’s View
A key measure of U.S. consumer prices rose by less than expected in April on lower used car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory.
Canadian National Acquires Intermodal Division of H&R Transport
Canadian National Railway Co. acquired the intermodal division of Calgary, Alberta-based motor carrier H&R Transport Ltd.
May 10, 2019China Armed With Powerful Market Weapons in Duel With Trump
China has a powerful financial-market arsenal for its trade tussle with America, including a hoard of Treasuries and its currency. But using those weapons is not without cost.
Oil Shrugs Off US Tariff Hike to Climb on Tighter Supply
Oil pushed higher despite the U.S. imposition of higher tariffs on Chinese goods, as rising tensions in Iran and elsewhere kept the supply outlook tight.
Jake Brake Standard on A26 Engine From International
Jacobs Vehicle Systems announced the availability of its 5783A engine brake as standard equipment on the International A26 engine.
May 10, 2019US Hikes Tariffs Amid Trade Talks; China Vows to Retaliate
The United States hiked tariffs on more than $200 billion in goods from China on May 10 in the most dramatic step yet of President Donald Trump’s push to extract trade concessions, deepening a conflict that has roiled financial markets and cast a shadow over the global economy.
May 10, 2019Lawmakers Mull Funding Options for $2 Trillion Infrastructure Deal
WASHINGTON — More than a week after President Donald Trump and congressional Democrats elevated a $2 trillion infrastructure package for lawmakers’ legislative agenda, stakeholders are speaking up about their funding preferences in advance of a planned meeting between the White House and transportation policymakers to discuss how to pay for the initiative.
HOS Updates Expected Soon, but Could Be Long Road, Experts Say
The regulatory journey of federal hours-of-service rules is approaching an important turning point as June 7, the scheduled release date for the Department of Transportation’s proposal on policy changes, draws nearer.
Chinese Eager for Self-Driving Future; Americans Not So Sure, Survey Shows
More than half of Chinese consumers can’t wait to get out from behind the wheel and into an autonomous car. That makes China more positive than most about driverless vehicles, with Western consumers cooler on the technology.