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.
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.
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.
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.
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.
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.
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.”
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.
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.
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, 2017GSA’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.