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.
Gov. Ralph Northam’s I-81 Funding Fixes Eye Trucking Industry
Virginia Gov. Ralph Northam’s proposed fundraising tools for Interstate 81 improvements include the trucking industry shouldering a significant portion of the financial burden.
China Touts Progress With US as Both Focus on a Final Deal
Chinese and U.S. negotiators made “new progress” in trade negotiations as both sides discussed the wording of an agreement that’s designed to resolve a bilateral trade dispute, according to Xinhua, Beijing’s official news agency.
New York City Congestion Pricing Hits Speed Bump Over Who Gets Exemptions
New York lawmakers facing an April 1 deadline to approve a state budget have agreed to impose tolls upon motorists who enter midtown Manhattan, but they still must decide on politically fraught issues over who gets to be exempt.
Raising Fuel Taxes No Longer a Laughing Matter, Stakeholders Find
Since the start of the 116th Congress in January, the gas tax has been having a moment. At congressional hearings, keynote addresses and panel discussions inside the Beltway and around the country, a significant number of infrastructure proponents have called on transportation policymakers to raise the federal fuel tax.
Relationships, Communication Key to Keeping Customers, MATS Panel Says
LOUISVILLE, Ky. — Maintaining relationships and communication is key to being a carrier of choice for businesses, a panel of industry stakeholders told truckers at a seminar at the 48th Mid-America Trucking Show.
UAW Says GM Dismissed Concessions Before Idling Cruze Plant in Ohio
Three weeks after employees at the Lordstown General Motors Co. compact car plant assembled their last Chevrolet Cruze, employees are filing into the United Auto Workers Local 1112 hall to sign up for unemployment benefits and try to figure out if they should take a transfer to another GM plant or wait it out.
March 29, 2019DOT Submits Proposed Rule Change for HOS Regulations
The Department of Transportation has sent its Notice of Proposed Rulemaking to reform hours-of-service regulations to the Office of Management and Budget.
Western Global Adds Another Sales Division
Western Global, a provider of portable tanks and dispensing equipment for the storage and transportation of fuels, lubricants and other fluid, announced that it has formed a new sales division to focus on rental and equipment customers.
March 29, 2019ATA Appeals Court’s Decision to Toss Rhode Island Truck-Toll Lawsuit
Trucking industry representatives are appealing a federal judge’s decision to toss their lawsuit against Rhode Island’s truck-only tolling program.
Consumer Spending Misses Forecasts as Inflation Eases
U.S. consumer spending in January was short of projections while inflation eased, an early read on the economy in the first quarter that may add to concerns about the outlook.