Business

About Business News...

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.

Government, Business, Technology, Equipment

FMCSA Grants Rental Group TRALA 90-Day ELD Waiver

The Federal Motor Carrier Safety Administration plans to grant the Truck Renting and Leasing Association a 90-day waiver from the upcoming electronic logging device mandate.

Eleanor Lamb | Staff Reporter
December 12, 2017
Government, Business, Logistics

Goldman Sachs Warns of US NAFTA Exit as Negotiators Seek Small Wins

Investors remain on alert over the threat of Nafta talks failing even as negotiators meet this week in Washington and seek minor victories on less contentious issues.

December 12, 2017
Government, Business, Fuel

White House Stays Neutral on Fuel Tax Hike, Infrastructure Adviser D.J. Gribbin Says

WASHINGTON — The Trump administration is sticking with its neutral stance on whether to increase federal fuel taxes to finance big-scale transportation projects, infrastructure policy adviser D.J. Gribbin said Dec. 12.

Eugene Mulero | Senior Reporter
December 12, 2017
Government, Business

Trump Tweets Consumer Confidence Is at Record High, But It’s Not

President Donald J. Trump tweeted Dec. 12 that consumer confidence “is at an All-Time High.” In fact, it was higher when a Clinton was in the White House.

Scott Lanman | Bloomberg News
December 12, 2017
Business, Logistics, TCA

Shippers Ramp Up Hiring in Pennsylvania to Handle Flood of Package Deliveries

UPS Inc., FedEx and the U.S. Postal Service have sizable operations in the Lehigh Valley area of Pennsylvania and have ramped up operations by hiring hundreds of seasonal employees to handle an expected surge in holiday orders.

Jon Harris | The Morning Call (Allentown, Pa.)
December 12, 2017
Government, Business

Shuster, Trump Meet for Infrastructure Talks

With Congress and the White House looking to advance a massive infrastructure funding proposal, the top transportation policymaker in the House called a recent meeting with President Donald Trump a “very positive step forward.”

Eugene Mulero | Senior Reporter
December 12, 2017
Business

Optimism Among Small Businesses Jumps to Highest Since 1983

Optimism among small companies in the U.S. advanced last month to the highest level in more than 34 years as owners became more upbeat about future economic conditions and sales prospects, according to a National Federation of Independent Business survey released Dec. 12.

Vince Golle | Bloomberg News
December 12, 2017
Government, Business

PennDOT Seeking CDL Holders for Seasonal Maintenance Work

The Pennsylvania Department of Transportation is seeking commercial driver license holders to take on temporary maintenance work as the state braces for inclement weather this winter.

Eleanor Lamb | Staff Reporter
December 12, 2017
Business

Wholesale Prices Climbed More Than Forecast in November

U.S. wholesale prices rose more than forecast in November, boosted by a jump in the costs of goods that included gasoline, a Labor Department report showed Dec. 12 in Washington.

December 12, 2017
Government, Business, Equipment, Logistics

GSA’s New York Border Facility Renovations Will Expand Truck Capacity

The General Services Administration is conducting rock blasting along Interstate 81 in upstate New York to clear room for a new border inspection facility with enough capacity to process trucks.

Eleanor Lamb | Staff Reporter
December 11, 2017