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.
North Carolina Gov. Roy Cooper Signs Bill to Offer Funding Tool for Highway Projects
Bright Light Partners Expands Logistics, Drayage Footprint
Bright Light Partners has expanded the geographic footprint of its logistics and drayage operations, purchasing First Coast and Mile High Logistics, affiliated firms based in Jacksonville, Fla., that claim more than 1,600 drivers at 60 locations primarily serving the Southeast, East Coast, Mid-Atlantic and Gulf Coast.
June 19, 2018XPO, Nestle Team on UK Distribution Center
XPO Logistics has joined with food and drink giant Nestle to create a 638,000-square foot distribution center that will feature robotics and state of the art automation in Leicestershire, United Kingdom. The center is scheduled to be completed in 2020.
June 18, 2018Diesel Price Drops Again to $3.244 a Gallon
The U.S. average retail price of diesel fuel fell 2.2 cents to $3.244 a gallon, the third week in a row of moderate declines, according to the weekly report June 18 from the U.S. Department of Energy’s Energy Information Administration.
Here’s How a US-China Trade War Could Play Out
President Donald Trump is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured — and it also could take a while.
Russian Driverless Buses Make Their World Cup Debut in Kazan
World Cup soccer spectators had the opportunity to ride driverless buses to see France’s clash with Australia in Russia’s eastern city of Kazan on June 16, part of a state-backed push into autonomous vehicles.
FMCSA Announces Three-Year Delay of Rule to Eliminate Need for Truck Drivers to Carry Their Medical Cards
Federal trucking regulators have issued a final rule that will delay for three years a streamlined process to eliminate the need for truck drivers to carry their medical certification cards.
Capitol Agenda for the Week of June 18: Have a Pothole? Call Domino’s
For a limited time only, Domino’s is mixing it up in the infrastructure game. After you order two medium pizzas with any topping and a drink, don’t forget to say you want free refills on the potholes outside your window. Here's a look at the week ahead for trucking on Capitol Hill.
Steam Logistics Continues International Growth Despite Tariff Threat
Despite growing concerns of a trade war, one of Chattanooga, Tenn.’s fastest-growing international companies still expects to grow by more than 60% this year shipping goods worldwide.
Amazon’s No Enemy — In Fact, It Needs Us, U.S. Xpress CEO Says
A vague mention of Amazon.com Inc.’s interest in any sector might be enough to send investors into a tizzy, but the top executive of U.S. Xpress Enterprises Inc. is unfazed.