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.
NAFTA Talks Restart Under Pressure From Trump and Congress
Talks to revamp the North American Free Trade Agreement are set to resume as U.S. and Canadian negotiators push to strike a deal amid President Donald Trump’s threats to walk away.
US Trade Deficit Widened to $50.1 Billion in July
WASHINGTON — The U.S. trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. The deficit in goods with China and the European Union set records.
Price of Diesel Nudges Up as Industry Seems Resolved to Higher Costs
The national average retail price of diesel fuel increased by 2.6 cents, pushing the weekly average to $3.252 a gallon, according to the U.S. Energy Department’s weekly report released Sept. 4. Trucking’s main fuel now costs 49.4 cents a gallon more than it did a year ago, when it was $2.758 a gallon.
AFL-CIO’s Richard Trumka: Trump Inactive on Infrastructure
President Donald Trump’s inaction on a long-term infrastructure plan has been detrimental to the country’s labor force, a key national union labor leader recently said on Fox News Sunday.
Tesla’s RoboTaxi Worth a Fraction of Waymo, Morgan Stanley Says
Tesla has let more than a few investors down of late, and one part of the company hasn’t quite lived up to expectations at Morgan Stanley either.
Tesla Class 8 Prototype Crosses Country, Stops at Ruan
Officials at transportation service company Ruan got a chance to see Tesla Inc.’s prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.
A Plug-Free Way to Fill the World With Electric Vehicles
Umer Anwer stops on the street near Tesla Inc.’s Brooklyn showroom and grabs his smartphone. He’s looking for a spot to charge his electric car, and the Tesla charging plugs won’t work with the Nissan Leaf he’s driving. In fact, he would prefer not to bother with a plug at all.
September 4, 2018Home Charging Needed for Electric Vehicles to Gain Traction
The opportunity for easy overnight recharging may be one of the surest routes toward a wider adoption of electric vehicles in the United States.
Truckers to Call for More Safety Measures on Alaska’s Dalton Highway
Representatives of the Alaskan trucking community plan to call for improved maintenance efforts along Dalton Highway, a harrowing route in the northeastern part of the state that became the site of a driver’s fatal crash Aug. 24.
US Factories Grew at Faster Pace in August
WASHINGTON — U.S. factories grew at a faster pace in August as American industry continues to show robust health.
September 4, 2018