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.
FreightPop Closes Round of Undisclosed Investments
Transportation management software provider FreightPop has closed a new round of investments, according to a Jan. 2 press release. The company did not disclose the amount.
January 15, 2019VW, Ford Join to Build Pickup Trucks, Explore Work on Autonomous Vehicles
Volkswagen AG and Ford Motor Co. will join forces to build pickup trucks, delivery vans and possibly more, pledging to put old rivalries aside and work together to confront a rapidly changing auto industry.
Capitol Agenda for the Week of Jan. 14: The Transportation Industry's Big 12
Organizers for this year's gathering of the Transportation Research Board in Washington have come up with a list of a dozen topic areas that policymakers need to address to ensure a sustainable transportation network.
Diesel Down 3.7¢ to $2.976 a Gallon in 13th Straight Decline
The U.S. average retail price of diesel dropped 3.7 cents to $2.976 a gallon, the U.S. Energy Information Administration reported Jan. 14, even as crude oil prices climbed above $50 per barrel.
Infrastructure Funding: Can Automated Weigh Station Screening Be a Revenue Source?
WASHINGTON — Automated weigh station technology can generate money for state transportation and law enforcement agencies, according to Andrew Martin, a senior research scientist at the University of Kentucky’s Transportation Center.
Fuel Producers, ATA Seek Supreme Court Review of Oregon Low-Carbon Fuel Program
American Fuel & Petrochemical Manufacturers and American Trucking Associations have asked the U.S. Supreme Court to reject an appeals court ruling that upheld the state of Oregon’s program to reduce the carbon intensity of fuel by 10% by 2025.
Transportation Secretary Elaine Chao Announces Proposal Covering Drone Operations
WASHINGTON — The U.S. Department of Transportation is ready to issue a new proposed rule that will allow more freedom for people operating drones, according to Transportation Secretary Elaine Chao.
YRC Worldwide Provides Mixed Initial Look at 4Q Earnings
YRC Worldwide Inc., a holding company for less-than-truckload carriers, in its initial look at fourth-quarter results forecast flat operating revenue with operating income possibly coming in more than twice as high as a year earlier.
January 14, 2019TRB Leaders Unveil Critical Issues
WASHINGTON — Transportation Research Board executives unveiled their list of critical issues at the group’s annual meeting Jan. 14.
Petroleum Industry Meeting World Demand While Polluting Less, Institute Reports
The U.S. petroleum industry is meeting record world demand while decreasing the amount of carbon emissions released into the skies, but challenges lie ahead if it hopes to maintain that momentum, according to the American Petroleum Institute’s annual report, “State of American Energy 2019.”