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.
As Trump Pushes to Privatize the Troubled US Postal Service, Others Push Back
U.S. Rep. Emanuel Cleaver recalls the days when, every morning at 10, his grandmother would walk to the post office in Waxahachie, Texas, to catch up with friends, family and other community members.
Billions of Dollars at Stake for Transportation in California Gas Tax Repeal Effort
The sharpest statewide political battle this November will be fought over California’s still-new gas tax, with billions of dollars for road and transit upgrades at stake in a repeal measure that has now earned a place on the ballot.
FMCSA to Host Autonomous Vehicles Listening Session July 12
The country’s top trucking regulator wants to hear what you have to say about autonomous vehicles.
Port of San Diego Lands Large Liner Contract
The Port of San Diego has landed its biggest maritime contract in years with a European company that will transport steel and other goods through the Tenth Avenue Marine Terminal.
July 10, 2018British Columbia Truckers Gain Expanded Use of Wide-Base Single Tires
British Columbia has amended its regulations to allow fleets to use certain wide-base single tires with heavier axle loads, which furthers tire-harmonization efforts across Canada and revises a long-standing provincial policy that restricted the tire’s use.
UPS Signs Lease for Million-Square-Foot Pennsylvania Warehouse
What can brown do for you? Apparently, it can fill a 1 million-square-foot warehouse along Route 33 in Palmer Township, Pa.
North Carolina Insurance Risk Pool Halves Surcharge
In an effort to soften the blow of a surcharge tacked onto insurance policies for North Carolina truckers, officials with the state’s insurance risk pool have cut in half the surcharge that will plug a $96 million shortfall in the agency’s balance sheet.
Diesel Inches Up 0.7¢ to $3.243
The U.S. average retail price of diesel inched up 0.7¢ to $3.243 a gallon while oil prices were flat.
July 9, 2018Peterbilt Begins Production of 579 UltraLoft Model
Peterbilt Motors Co. announced it has begun production of its Model 579 UltraLoft with a high-roof, integral cab-and-sleeper design for its flagship on-highway model.
July 9, 2018Thor Trucks to Launch New Entry in Battery-Electric Class 8 Market
Thor Trucks Inc., a startup not quite 2 years old, will manufacture electric-battery Class 8 trucks beginning next year, according to the Los Angeles-based company.