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.
Eaton Appoints João Faria President of Vehicle Group
Power management company Eaton Corp. has appointed João Faria president of its Vehicle Group, effective May 1. He succeeds Kenneth Davis, who has announced he will retire Aug. 1.
March 28, 2017Robots Are Slashing Wages and Worsening Pay Inequality
Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.
Is Uber's Self-Driving Program Veering Off Track?
A self-driving car flipped on its side seems guaranteed to make humans think twice about riding with a robot.
Consumer Confidence Rises to Highest Since December 2000
Consumer confidence jumped in March to the highest level in more than 16 years, as Americans grew increasingly upbeat about both present and future conditions, according to a report March 28 from the New York-based Conference Board.
March 28, 2017Home Prices in 20 US Cities Rise at Fastest Pace Since 2014
Home prices in 20 U.S. cities climbed in the 12 months through January at the fastest pace since July 2014, while nationwide the increase in property values also accelerated, according to S&P CoreLogic Case-Shiller data reported March 28.
Capitol Agenda for the Week of March 28: Ports Call for Infrastructure Funding Too
Ports play a key role in freight transportation, delivering U.S. products to markets around the world. And just like bridges and roads, they are in need of infrastructure upgrades. Here's the week ahead for trucking on Capitol Hill.
Senate Panel to Hear From Deputy Transportation Secretary Nominee March 29
President Trump’s nominee for the No. 2 spot at the U.S. Department of Transportation will appear before the Senate Commerce Committee on March 29.
Diesel Dips to $2.532 a Gallon; Oil Slides Lower
The U.S. average retail price of diesel fell 0.7 cent to $2.532 a gallon and crude oil prices extended a bumpy monthlong slide in prices, dropping below $48 a barrel, experts said.
March 27, 2017Introducing the New International A26 Engine
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March 27, 2017Planning, Preparation Key to Success In Hauling Floors to Final Four Sites
Millions of Americans will watch the NCAA Final Four to see what team will clinch the title, but few people at home or in the arena are aware of the critical role of trucking in making the event happen.