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.
Industry Objects to Plan to Privatize Military Moves
A plan to turn over responsibility for household-goods moves for military personnel to a single third-party transportation manager is running into opposition from industry leaders who say the idea is flawed and won’t rectify the problems U.S. Transportation Command said it wants to address.
Let Congress Decide Privacy Safeguards for Autonomous Vehicles, 2020 Hopeful John Delaney Says
WASHINGTON — Questions regarding the use of data collected from self-driving vehicles will need to be addressed by policymakers when they craft a regulatory framework that would govern the technology in the coming years, a former member of Congress and 2020 presidential aspirant said April 3.
Canadian Oil Rally May Falter Amid Pipeline Delay, Deloitte Says
The stubborn, sharp rise in Canadian heavy crude prices finally may falter later this year, when swelling output overwhelms a pipeline system that will be lacking a key project producers had counted on, according to Deloitte.
April 3, 2019Bison Transport Acquires H.O. Wolding as Canadian Firms Eye US Expansion
Bison Transport Inc. acquired Amherst, Wis.-based H.O. Wolding Inc., a 320-truck dry van fleet, marking a further expansion by the Winnipeg, Manitoba-based trucking firm into the United States.
Diesel Prices May Increase as Cargo Industry Makes 2020 Fuel Switch, Experts Say
The looming adoption of a mandate that will require maritime vessels to burn cleaner fuel is projected to put upward pressure on diesel prices next year, but transportation experts are more concerned about how the change will affect the supply of diesel fuel for trucks.
Trump Softens Position Toward Closing US-Mexico Border
President Donald Trump on April 4 said he will delay closing the U.S.-Mexico border for one year, just days after it was announced he would seal the southern border as early as this week.
ATA Launches Campaign to Promote Infrastructure Deal
American Trucking Associations has formally launched its campaign in support of a federal infrastructure funding package.
2019 Louisiana Truck Driving Championships
Photos from the Louisiana Truck Driving Championships in Baton Rouge, La., March 29-30, 2019. (John Ballance for Louisiana Motor Transport Association)
April 3, 2019Trucker Tools Helps 3PL Choptank Corral Tech Holdouts
Choptank, a third-party logistics service provider, says it recently incorporated a wider array of Trucker Tools, a system of applications, to more rapidly “shed” manual processes such as phone calls. Trucker Tools helps drivers and brokers track freight and bid on jobs.
US Hails Progress in China Talks Amid Push to Close the Deal
President Donald Trump’s top economic adviser touted progress in high-level talks with China, but cautioned that a final deal to end the trade war remains elusive as negotiations resumed in Washington.
April 3, 2019