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.
Industry Leaders Lament Infrastructure Delays at Roundtable
WASHINGTON — If the prevailing wisdom seems to be in favor of getting on with repairing old and building new U.S. infrastructure, why does the nation seem to be in a state of inertia in getting the job done?
Trailer Orders Continue to Mount, and So Does Pressure on Trailer Makers
U.S. trailer orders continued to mount in April, tightening the pressure on trailer makers to secure the components and labor needed to boost production amid the rising cost of materials.
TransForce Buys Online Trainer SafetyServe
Trucking industry staff recruitment and training provider TransForce purchased SafetyServe, which provides online safety training courses for companies, government agencies and insurance companies.
May 17, 2018Municipalities Tasked With Climate-Resilient Infrastructure, FEMA Says
WASHINGTON — Federal Emergency Management Agency Administrator Brock Long said although the agency takes into account rising seas when preparing for disasters, advancing resilient infrastructure projects begins at municipalities.
Lawmakers Stress Highway Funding, but an Infrastructure Bill Remains Months Away
WASHINGTON — An infrastructure package will probably take a back seat to bills relating to the Federal Aviation Administration, farming and water resources, which will continue to dominate Congress’ attention in the coming months, according to Rep. Sam Graves (R-Mo.).
ATA Leaders Meet With IRU in Geneva, Discuss Industry’s Future
Trucking industry leaders from around the world are facing many of the same issues as their counterparts in the United States, including the emergence of advanced driver-assistance systems and combating a persistent shortage of drivers.
Redwood Logistics Buys Roar’s Phoenix Division
Redwood Logistics purchased the Phoenix-based freight management services division of Roar Logistics to expand its presence in the Southwest. Terms weren’t disclosed.
May 17, 2018Hub International Buys Easy Truck Assets
Insurance broker Hub International purchased the assets of Easy Truck Insurance Services, which has offices in the western United States.
May 17, 2018Consumer Comfort Index Declines for Fourth Straight Week
Americans’ sentiment fell for a fourth straight week as still-rising gasoline prices drove a measure of the buying climate down by the most in eight months, the Bloomberg Consumer Comfort Index showed May 17.
Apple Passes Waymo, Tesla for Self-Driving Car Permits in California
Just last year, Apple was in the backseat of an increasingly crowded competition for self-driving cars with Google-owned Waymo, Tesla and Uber vying for an edge.