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.
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, 2018Online Sales Continue Solid Pace as Christmas Draws Near
NEW YORK — In the run-up to Christmas, online shopping continues to be strong. Online sales are up nearly 18% to $110.6 billion from Nov. 1 through Dec. 19, compared with the year-ago period, says Adobe Analytics, which tracks online spending.
December 20, 2018Funding Negotiations Persist as Congress Looks to Avoid Partial Shutdown
With just days to go before Christmas, funding for the U.S. Department of Transportation and other agencies remained uncertain as President Donald Trump continued to push for robust funding for a wall along the border he said Mexico would pay for.
Daimler Delivers Freightliner Electric Truck to Penske
Daimler Trucks North America on Dec. 20 delivered to Penske Truck Leasing the first in a series of electric trucks Penske plans to deploy in California and the Pacific Northwest.
December 20, 2018Fired Truck Driver Sues Cannabidiol Company After Using Product
While 33 states allow the use of medical marijuana and 10 states permit possession and recreational use of pot, for truck drivers there is but one law: Don’t use it. Period.
Although Jobless Claims Rise, Labor Market Still Solid
Filings for U.S. unemployment benefits rose for the first time in three weeks while remaining near levels that reflect a tight labor market.
UPS Holiday Package Returns Hit Peak Before Year End for First Time
UPS Inc. expected to handle a record 1.5 million returns Dec. 19, ahead of its usual early January peak of 1.3 million.
Record Number of Travelers Predicted for Roads, Rails, Airports, AAA Says
Expect record-breaking crowds this holiday season on the nation’s roads, rails and runways, as about one-third of Americans will be on the move.
Outgoing House Speaker Paul Ryan Fails to Mention Infrastructure Policy in Farewell Address
In a farewell address Dec. 19 to the nation that highlighted ongoing concerns over immigration and celebrated the passage of legislation about tax and energy policies, the outgoing Republican leader of the House of Representatives did not mention transportation-centric bills that had advanced during his tenure.