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.
NACFE Report Covers Electric Vehicle Charging Infrastructure
Charging infrastructure has been identified as one of the largest unknowns and sources of anxiety for fleets considering near-term adoption of battery-electric vehicles, according to the North American Council for Freight Efficiency.
Diesel Rises 2.8¢ for Third Consecutive Weekly Gain
The U.S. average retail price of diesel rose 2.8 cents to $3.076 a gallon, according to the Department of Energy, as crude prices inched higher.
Alabama Gov. Kay Ivey Proposes Fuel Tax Hike for Infrastructure Plan
Alabama Gov. Kay Ivey has proposed a 10-cent increase to the state’s fuel tax as part of her Rebuild Alabama Infrastructure Plan to generate money for transportation projects.
Tesla’s Elon Musk Touts Model Y Event as Questions About Company Linger
Elon Musk said March 3 that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning U.S. federal tax credits threaten the company’s growth narrative.
Canadian Oil Industry Takes Fresh Hit With Key Pipeline Delay
Canada’s already beaten-down oil industry is facing a fresh setback as regulatory issues bog down another key pipeline project.
March 4, 2019Rep. Sam Graves: August Do-or-Die Month for Infrastructure Bill in 2019
From fuel tax increases to a vehicle-miles-traveled fee, Congress has several funding options to consider. Here's your Capitol Agenda look ahead for the week for trucking on Capitol Hill.
Parcel Pro Partners With Jewelry Manufacturing Group to Ship Luxury Goods
Parcel Pro, a UPS Capital company, has partnered with Manufacturing Jewelers and Suppliers of America to provide MJSA premier members access to technology and insured shipping at a time when e-commerce is causing sales of luxury goods to boom, according to a company news release.
March 4, 2019Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near
The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.
Dray Alliance Receives $3.5 Million Investment
Dray Alliance has received $3.5 million in investment financing from David Sacks’ Craft Ventures, according to a company news release.
March 4, 2019Upper Bay Infrastructure Partners Acquires Tidewater Transportation and Terminals
Upper Bay Infrastructure Partners said it led with some allied investors to acquire Tidewater Transportation and Terminals from Stonepeak Infrastructure Partners, according to an Upper Bay news release.
March 4, 2019