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.
UPS Hiring Thousands of Workers for Massive Hub on Atlanta’s West Side
UPS Inc. has started hiring thousands of workers for a massive Southeast ground hub to open on the west side of Atlanta, one of the largest developments in the area in years.
Trucking Stocks Roll Steady as Investors Downshift on Market
Publicly traded trucking firms have seen record-setting freight in the first half of this year but their stock prices have lagged as cautious investors pulled back from a long-running bull market and an industry that can’t find enough drivers to haul its loads.
US Inflation Reaches 2.9% in June, Highest in Six Years
WASHINGTON — Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance and higher rent.
Driverless Car Makers Want Congress to Free Them From State Oversight
WASHINGTON — As Silicon Valley and automakers attempt to steer the nation toward a future of driverless vehicles, a group of influential lawmakers remains concerned that bipartisan legislation now moving through Congress could leave consumers at risk by preventing states from demanding tighter safety regulations.
Will Trucking Be Affected by New Pollution Rules for Ocean Shipping?
The U.S. Environmental Protection Agency on July 30 plans to begin reviewing the economic impact the transportation industry may face if tighter requirements remain in place that prohibit the use of high-sulfur fuel in cargo ships within 200 miles of the U.S. coastline.
Cargo Theft Rising in Canada
A voluntary reporting system for tracking cargo theft in Canada has led to a database showing a steady rise in thefts, though the true extent of the problem isn’t clear.
Replay: LiveOnWeb's 'Reimagining Trucking'
Our July 18 LiveOnWeb program, “Reimagining Trucking,” explored just how intensely for-hire carriers are embracing technology and innovation in a competitive marketplace. Watch the replay.
July 11, 2018Road Repairs Jeopardized if New California Gas Tax Repealed, Stakeholders Say
A November ballot measure to repeal California’s recent gas tax increase threatens road improvement and maintenance projects that receive funding through the tax.
Ex-Apple Employee Stole Secrets for Chinese Firm, US Says
A former Apple Inc. engineer was arrested on charges of stealing driverless car secrets for a Chinese startup after he passed through the security checkpoint at San Jose International Airport to board a flight to China.
OPEC Sees Rival Supplies Growing Most in Five Years in 2019
OPEC expects supplies from its rivals to increase by the most in five years in 2019, with extra oil from the United States alone sufficient to meet the growth in global demand.