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.
US Added Fewer Jobs Than Expected in December
U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a full-employment economy.
Ports, Railroads Tout Victories on the Tax Law to Their Industries
Like the trucking industry, the port authorities and Class I railroads believe the Tax Cuts and Jobs Act will benefit their modes of transportation, according to associations that represent them.
New Tax Law Will Compel Trucking Companies to Analyze How to Adjust Their Business Models
From large carriers to single-truck fleets, many in the industry are analyzing how the federal Tax Cuts and Jobs Act will impact their income and are formulating strategies to adapt to the new rules — including the possibility of restructuring their companies, accountants said.
Editorial: Cold Outside, but Transportation’s a Hot Topic
It's cold outside, but trucking issues will heat up with the Transportation Research Board's annual meeting just around the corner.
January 4, 2018Complex Proposed CSA Replacement May Take Time to Decipher
A possible replacement for the much-maligned Compliance, Safety, Accountability framework the Federal Motor Carrier Safety Administration uses to measure motor carriers’ safety performance has been recommended by an elite panel of academics, but its complexity may prove challenging to the trucking industry, experts said.
Trump Seeks to Open Most US Coastal Waters to New Drilling
The Trump administration is proposing to open almost all U.S. coastal waters to oil drilling, including those off California and Florida where activists have fought for decades to spare delicate ecosystems from oil spills.
January 4, 2018Sen. Schumer, Teamsters Push for Bill to Cover Pensions
Sen. Chuck Schumer and Rep. Peter King joined Long Island Teamsters Jan. 2 in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.
XPO, DHL Back Tesla Semi
Logistics firms are joining trucking companies in checking out the potential for the Tesla Semi, with at least two testing prototypes of the electric truck.
Truck Drivers, Delivery Workers Incurred Highest Number of Fatalities in 2016
Delivery workers and truck operators incurred the greatest number of fatal workplace injuries in 2016, according to a December report issued by the Bureau of Labor Statistics.
Peloton Pledges Commercial Platooning in 2018
2018 could bring commercial applications of truck platooning after successful demonstrations of the driver-assisted technology last month in Florida and Michigan by platooning developer Peloton Technology.