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.
VW Mulls Second US Plant, Joint Ford Output After White House Visit
Volkswagen AG is considering adding a second factory to its U.S. manufacturing footprint and could tap Ford Motor Co. plants to build cars, Herbert Diess, CEO of VW, said after a meeting at the White House.
December 4, 2018FMCSA to Outline Priorities at TRB Session Jan. 15
The Federal Motor Carrier Safety Administration is scheduled to host its annual policy review session at the Transportation Research Board’s annual meeting Jan. 15, the agency announced this week.
FMCSA Seeks Comments on Vehicle Maintenance Practices
Federal trucking regulators have issued a request for comments on the role that vehicle maintenance plays in motor carrier safety. The responses will be included in research that will use online surveys to obtain data to address the study’s objectives.
Letter: Keep Urging Young People to Pick Trucking as a Career
I read with interest your excellent article highlighting college students’ participation at ATA’s Management Conference & Exhibition in October in Austin.
December 4, 2018Cerberus to Acquire 70% Interest in Navistar Defense
Cerberus Capital Management, an investment firm specializing in credit, private equity and real estate, will acquire 70% interest in Navistar Defense, according to a Dec. 3 press release.
December 4, 2018No Rejoicing at US Farms Until Trump Trade Truce Pays Off
U.S. farmers are pleased that President Donald Trump and Xi Jinping agreed to a trade truce, but they’re not rejoicing just yet. That won’t come until they see ships full of their soybeans headed to China.
Postal Service Will Suspend Delivery Dec. 5 to Honor Late President Bush
The United States Postal Service won’t be delivering mail Dec. 5 as part of the national day of mourning for the late former President George H.W. Bush.
Amazon Expands Air Division in Illinois
ROCKFORD, Ill. — Amazon announced plans Dec. 3 to expand its Amazon Air operation at the Rockford airport.
G-20 Summit Brings Two Significant Trade Developments for Trucking Industry
Steps taken by the Trump administration at last week’s G-20 summit in Buenos Aires, Argentina, could have significant effects for the trucking and port industries as the president continues to revamp global trade policy for the United States.
Diesel Drops 5.4¢ to $3.207
The U.S. average retail price of diesel dropped 5.4 cents to $3.207 a gallon, the U.S. Energy Information Administration reported Dec. 3, as crude oil prices fluctuated but remained below $55 per barrel.
December 3, 2018