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.
Kansas, Ohio Governors-Elect Announce DOT Director Picks
The newly elected governors of Kansas and Ohio have announced their choices to lead their states’ departments of transportation.
January 11, 2019TSA Begins to Feel Squeeze From Government Shutdown
The Transportation Security Administration plans to begin closing a handful of security checkpoints at airports around the United States as soon as this weekend in response to staff shortages triggered by a partial federal government shutdown now in its third week.
Core Inflation Holds Steady as Energy Drags Down Main Index
A key measure of U.S. inflation was little changed in December while falling energy prices dragged down the broader gauge, giving the Federal Reserve little urgency to raise interest rates soon as it signals a more cautious approach in 2019.
How a Prolonged Government Shutdown Might Ripple Down to States
Almost a third of the $2 trillion that U.S. states spend each year comes from Washington, so the partial shutdown of the federal government would seem to spell major financial trouble in America’s statehouses.
January 11, 2019Electric, Automated Trucks Offer Glimpse of Industry’s Future at CES
LAS VEGAS — Amid a sea of gadgets, drones, robots and virtual reality demos, commercial trucking carved out a significant niche for itself here at the Consumer Electronics Show, the world’s largest technology event.
Editorial: Trucks and Tech at CES
If anyone needed more proof that trucking is a tech-savvy industry, look no further than the bright lights of Las Vegas, where the annual CES technology show featured a string of announcements from major industry players.
January 10, 2019Iowa Eyes EV Tax to Offset Projected Decline in Road Funds
After a Dec. 31 report by the Iowa Department of Transportation that shows a $317,000 reduction in the Road Use Tax Fund in 2018, state officials have made recommendations to the Iowa Legislature such as increasing fees or charging taxes to electric vehicle owners.
Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks
LAS VEGAS — Kenworth Truck Co. and Toyota are collaborating to develop 10 hydrogen-electric tractors for drayage operations in the Los Angeles basin, the companies announced.
Industry Leader Bill Reed Jr., CEO of Skyline Transportation, Dies
William Reed Jr., CEO of Skyline Transportation and prominent in the trucking industry for advocating for a broad number of issues, died suddenly Dec. 17 at his home in Farragut, Tenn. He was 71.
Wise Systems Closes $7 Million Series A Round
Wise Systems, an autonomous dispatch and routing software provider for delivery fleets, has raised $7 million in its Series A round, according to a Dec. 6 press release.
January 10, 2019