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.
Manufacturers Urge New Congress to ‘Start With Infrastructure’
The Association of Equipment Manufacturers is launching a new digital ad campaign to remind Congress and the Trump administration of the bipartisan support for upgrading U.S. public works and urging them to “start with infrastructure” in 2019.
US, China Agree to Delay Consideration of New Tariffs
President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the world’s two largest economies negotiate a lasting agreement.
December 2, 2018Trends in Driver Incentive Programs
Recruiting new drivers is hard. That’s why many trucking companies make it their primary mission to retain the drivers they already have. And, with so many retention program options, it’s imperative to know what’s working and what’s most effective.
December 1, 2018Silver Oak Leads Recapitalization of North American Roofing
Lower-middle market private equity firm Silver Oak Services Partners has announced it is leading the recapitalization of North American Roofing, in partnership with management and co-investors, per a Nov. 21 press release.
November 30, 2018Logistics Startup Shipsi Raises $1.9 Million in Seed Funding
Logistics startup Shipsi has raised $1.9 million in its most recent round of funding, the company announced in a Nov. 28 press release. The seed funding follows an initial self-injection of $350,000 and a friends-and-family raise of $380,000.
November 30, 2018Earthquake Strikes Southern Alaska, Threatening Oil Exports
A magnitude 7 earthquake struck Alaska early Nov. 30, shutting the state’s most important oil pipeline and potentially threatening crude exports.
Keystone XL Pipe Cleared to Start Limited Pre-Construction Work
TransCanada Corp. can resume certain pre-construction activities, including engineering and meeting with stakeholders, for the Keystone XL oil pipeline after a federal court decision, the company said in an e-mail statement.
House GOP Names Sam Graves as Ranking Member of Transportation Committee
The top authorizer of policy related to highways and transit systems in the U.S. House of Representatives was tapped to serve as the leading Republican on the chamber’s transportation panel when a new Congress convenes in January.
Crowley Merges Liner Services Unit Into Crowley Logistics
Crowley Maritime Corp., a provider of marine solutions, energy and logistics services, announced it would complete the merger of its liner services group into Crowley Logistics come Jan. 1.
November 30, 2018NAFTA Replacement USMCA Signed, Awaits Ratification in Congress
The United States, Canada and Mexico signed a trade deal championed by President Donald Trump to replace the quarter-century-old NAFTA pact, capping a year of negotiations and offering a glimmer of certainty amid rising global tensions over trade.