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.
State DOT Leaders Urge Federal Action on Long-Term Infrastructure Funding
WASHINGTON — Congress and the White House should focus on crafting a long-term highway bill over the next year that would ensure certainty in funding for big-ticket projects around the country, a group of state transportation leaders said Jan. 15.
Dana Reports Higher Sales in Preliminary 2018 Results
Commercial vehicle supplier Dana Inc. announced preliminary 2018 financial results that included higher revenue, and higher earnings before interest, taxes, depreciation and amortization.
TuSimple Proceeds With Plans to Build World’s Largest Self-Driving Truck Fleet
LAS VEGAS — Autonomous truck developer TuSimple said it will expand its U.S. test fleet to 40 vehicles by June, which the company claims will make it the world’s largest self-driving truck business.
IANA Elects 2019 Board of Directors, Officers
The Intermodal Association of North America has installed its 2019 board of directors and officers, including two new members. The turnover took place Jan. 1, according to a Jan. 11 press release.
January 15, 2019Opinion: The ABCs of Emerging Transport Technologies
Emerging technologies are reshaping the very nature of how we transport goods, and offer the ability to provide agile services that meet the increasing demands of the supply chain, says Ben Wiesen of Carrier Logistics Inc.
US Factories Brace for Sting of 2019 Trade War
America’s manufacturers are scrambling to change the way they do business — from finding new suppliers to shifting more finishing work overseas — as the sting of tariffs begins to take a bigger toll on their bottom lines.
Missing Data During Shutdown Complicates Consumer Spending Reports
The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock market swoons and trade-war tensions, but key data on their spending — the biggest part of the economy — will be missing due to the government shutdown.
Core Producer Prices Decline for First Time in a Year
A key measure of U.S. producer prices unexpectedly fell in December and the overall gauge declined more than forecast amid lower oil prices, signaling potential inflation pressures in the economy are contained.
Oil Gains as US Stockpiles Seen Falling, China Plans Tax Cuts
Oil rose amid estimates of another decline in U.S. crude inventories and signs that China is stepping up efforts to combat an economic slowdown.
Robotic Vehicles, Loading Zone Updates Seen as Tools for Final-Mile Delivery
WASHINGTON — More freight is moving and e-commerce is booming, but there is a finite amount of urban space for road use and parking for delivery vehicles. It’s a problem known as the final mile, and it’s especially profound in cities.