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.
Stalemate Results in Partial Government Shutdown
The federal government has partially shut down after lawmakers failed to pass a spending bill because of an impasse with President Donald Trump over his demands to fund a wall on the U.S.-Mexico border.
December 22, 2018FMCSA Agrees to Pre-Empt California Meal-and-Rest-Break Rules
The Federal Motor Carrier Safety Administration on Dec. 21 determined that federal rest-break laws pre-empt California’s separate meal-and-rest-break requirements, handing a victory to trucking industry groups.
Drone Industry Fears Political Attack After Gatwick Shutdown
Analysts and executives are concerned that political reaction may hinder the rapid growth of the drone industry after travel was disrupted at London’s Gatwick Airport for nearly two days before police arrested two people in a nearby town.
Levandowski Launches New Venture Pronto to Offer Level 2 Automation to Class 8 Truckers
Autonomous vehicle pioneer Anthony Levandowski has formed a new software company called Pronto. Its first aftermarket product, Copilot, provides camera-based self-driving technology for the Class 8 market.
Marangoni Tread North America Announces Tennessee Plant Expansion
Marangoni Tread North America, a full-service retread products supplier, announced it had begun expanding its tread manufacturing plant in Tennessee.
December 21, 2018Benchmarking Your Mobile Capture Strategy
In this benchmarking forum, you will learn from one of EBE's clients who has deployed Connect Mobile Capture to automate the billing and settlement process, improve driver retention, and gain significant ROI. Jason Jones of Solar Transport will share how EBE's solutions helped strategically position their organization to excel in a competitive marketplace.
December 21, 2018Factories Lead Canada’s Fastest Economic Growth in Five Months
Canadian gross domestic product grew at the fastest pace in five months on a lift from manufacturing, while oil made an unexpected contribution as prices began to fall for Alberta crude.
Consumer Spending Tops Forecasts as Inflation Data Mixed
U.S. consumer spending rose more than forecast in November and the prior month was revised higher, a sign the biggest part of the economy is again poised to drive growth this quarter. An underlying inflation gauge watched by the Federal Reserve showed a slight pickup.
Editorial: Glad Tidings Abound for Trucking
Trucking industry shareholders will remember 2018 fondly. The prospects for next year are pretty bright, too.
December 20, 2018Trade Talks With US Planned for January, China Says
BEIJING — China’s government said Dec. 27 it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.
December 20, 2018