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.
Cloverleaf Cold Storage Enters Agreement to Merge with Zero Mountain
Cold storage warehousing company Cloverleaf Cold Storage has entered into an agreement to merge with Zero Mountain Inc., a cold storage warehousing and transportation company serving customers in Arkansas, according to a Jan. 7 press release.
UPS Expands Keyless Apartment-Building Entry That Started in NYC
United Parcel Service Inc. is expanding a keyless-entry system for package deliveries at apartment buildings after a successful test in New York and San Francisco.
Diesel Falls for 14th Consecutive Week
The U.S. average retail price of diesel dropped 1.1 cents to $2.965 a gallon for the week of Jan. 21, despite an increase in crude oil prices to $53 per barrel, or $3 higher than a week before.
Advocates Name Best, Worst States for Highway Safety Laws
Rhode Island has again topped an advocacy group’s report that evaluates states’ road safety enforcement efforts.
Amazon Arrival Helps Chicago Rockford International Airport Break Cargo Record
ROCKFORD, Ill. — More than 2.1 billion pounds of cargo made its way through Chicago Rockford International Airport in 2018 — shattering the previous record, set in 2017, by 55%.
January 22, 2019Capitol Agenda for the Week of Jan. 21: Autonomous Anxiety
Why don't consumers trust autonomous vehicles? Transportation Secretary Elaine Chao says it's partly because manufacturers need to do a better job explaining the vehicles' capabilities. Here's the week ahead for trucking on Capitol Hill.
Federal Shutdown Affects Oklahoma DOT’s Future Road Projects
The Oklahoma Department of Transportation has delayed the bidding process for upcoming infrastructure projects due to funding uncertainty caused by the ongoing partial shutdown of the federal government.
Eclipse IA Announces Merger With On Time Staffing
Eclipse IA, a productivity-based staffing solutions provider for the supply chain industry, has announced a merger with On Time Staffing, along with its People Logistics division.
January 22, 2019Tesla Gets Green Light to Start Delivering Model 3 in Europe
Tesla Inc. received permission to start selling its Model 3 in Europe, clearing the final hurdle in bringing the electric-car maker’s top seller to the home turf of Audi, BMW and Mercedes-Benz.
U.S.-China Trade Talks Falling Short on Make-or-Break IP Issues
According to people close to the discussions, the two sides have so far made little progress on the issue that any deal Trump strikes with China may ultimately be judged on: ending what the U.S. has dubbed as decades of state-coordinated Chinese theft of American intellectual property.