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.
TRB Truck Size and Weight Panel Faces Political Headwinds Over Heavier, Larger Trucks
WASHINGTON — Members of the Transportation Research Board’s Truck Size and Weight Committee said they continue to face stiff headwinds to garner public and political support for heavier and longer trucks, despite evidence that demonstrates the potential for reducing carbon emissions and increasing cargo efficiency.
Opinion: Trucking Can Help Fight Human Trafficking
January is Human Trafficking Awareness Month, but the trucking industry must commit all year to continuing to address the human trafficking crisis happening in our communities from coast to coast, says Sherri Garner Brumbaugh.
Texas, California, Florida Best States for Job Creation in 2018, Labor Stats Show
Texas, California and Florida created more than 200,000 jobs in 2018, according to employment data released by the Bureau of Labor Statistics.
Amazon to Test Delivery Robots on Seattle-Area Sidewalks
Amazon.com will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last mile of delivery that is a labor-intensive and costly component of buying products online.
Mayors Call for Infrastructure Deal, Federal Cooperation
WASHINGTON — Pursuing a federal infrastructure package is a top priority for mayors this year, according to Steve Benjamin, mayor of Columbia, S.C.
Zero Growth This Quarter Possible With Shutdown, White House Says
White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though “humongous” growth would follow once federal agencies reopen.
Auto Driveaway Adds Truck Hauling With Purchase of J&J Driveaway
Auto Driveaway, a company based in Lombard, Ill., that supplies drivers to move vehicles for corporations and fleet management firms, is buying J&J Driveaway and J&J Freight Brokers, companies that provide drivers to move heavy-duty trucks.
Missouri Rep. Sam Graves Consistent in Support of VMT Funding Approach
When policymakers kick off debate on “pay-fors” for a long-term infrastructure plan, the vehicle-miles-traveled funding approach that seems to be gaining bipartisan support in Congress is expected to play a major role.
NFI/Cal Cartage to Close Port of L.A. Facility After Union Battle, Controversies
NFI Industries announced plans to close its 600,000-square-foot warehouse at the Port of Los Angeles in the wake of a decision by the Los Angeles City Council not to extend the lease on the 85-acre facility.
Japan Exports Sink 3.8% in December, Hit by China Slowdown
TOKYO — Japan’s exports fell 3.8% in December from a year earlier, hit by slowing demand in China, as the trade balance shifted back into deficit for the year, the Japanese government reported Jan. 23.