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.
In Driver Recruitment, Both Old and New Media Matter
Today’s recruitment efforts to attract truck drivers have tended to lean on digital media. But in a sea of digital information, recruitment opportunities can be lost. That concern is why some trucking companies are returning to older media approaches for recruitment.
Washington State Transport Package Sets Aside $450 Million for New I-5 Bridge
The Washington state Senate Transportation Committee passed a $15 billion transportation package March 6 that includes $450 million for a new Interstate 5 bridge across the Columbia River.
Two Tolling Plans for Connecticut Debated at Hearing
Connecticut lawmakers spent 11 hours peppering transportation officials with questions and listening to public input on Gov. Ned Lamont’s proposal for electronic tolls at a hearing March 6.
Port of Baltimore Tops 10 Million Tons of Cargo for Third Straight Year
The port of Baltimore had another historic year in 2018. The Maryland Port Administration’s public terminals handled 10.9 million tons of general cargo — more containers, cars, construction equipment and other cargo than ever before — surpassing 10 million tons for the third straight year, officials announced March 6.
Truckers Help Fight Hunger in Indiana With Food Drop Program
Truckers moving through Indiana are combating hunger across the state through a program that allows them to donate loads of food that have been rejected by stores.
How a US-China Deal Might Reshape Global Trade
President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?
March 7, 2019Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row
Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.
Productivity Gains Exceed Forecasts Even as Output Cools
Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled, with efficiency improvements surpassing the recent average for a third period.
Dana, Hyliion Partner to Market Electric-Hybrid Technology
Dana Inc. announced it has taken an equity position as a lead investor in the Class 8 electrification company Hyliion Inc. to expand Dana’s ability to offer complete diesel-electric hybrid systems.
March 7, 2019Wabash Pursues Growth Strategy Beyond Dry Vans
Wabash National Corp. announced it will expand its use of advanced materials and grow its diversified and final-mile segments to counter the expected industry slowdown in demand for dry vans.