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.
Infrastructure Investments ‘Something We Will Agree On’ With Trump, Says Colorado Gov. Hickenlooper
WASHINGTON — Proposals designed to increase funding for infrastructure projects could bring together most governors and the Trump administration, Gov. John Hickenlooper (D-Colo.) said Feb. 24.
James Hoffa Wins Teamsters Election But Faces Declining Union Membership
James Hoffa has officially won re-election to serve another term as general president of the International Brotherhood of Teamsters, after election supervisor Richard Mark certified the vote on Feb. 16.
February 24, 2017Embark Enters Race to Develop Autonomous Trucks
A new technology company has joined the race to develop autonomous driving systems for commercial trucks. Embark, a startup based in San Mateo, California, is working to build self-driving technology that would allow trucks to run on highways with no human input.
The Voice of Mack the Truck Raves About Trucking
NASHVILLE, Tenn. — The son of a Texaco truck driver from Bridgeport, Connecticut, actor John Ratzenberger has always had a strong affinity for the industry. So after he became famous as voluble mailman Cliff Clavin in the 1980s sitcom “Cheers” and voicing Hamm the Piggy Bank in the animated “Toy Story” movies, it was natural for Ratzenberger to lend his vocal talents to a truck in “Cars,” another Pixar film.
ATA's Bob Costello: Better Year in Store for Trucking
NASHVILLE, Tenn. — After the trucking industry endured what he termed “a freight recession” last year, American Trucking Associations' chief economist, Bob Costello, predicts a rosier 2017.
Texas Truck Drivers Urged to Fight Human Trafficking
Semitrailer drivers are being asked to keep their eyes on more than the road as state and local officials continue their fight to end human trafficking.
Sales of New US Homes in January Were Slower Than Forecast
Purchases of new U.S. homes in January were slower than forecast, signaling an increase in mortgage rates may be giving some potential buyers pause.
Consumer Sentiment Shows First Drop Since US Election
Consumer confidence fell for the first time since November’s election, as party lines divided Americans following a boost in enthusiasm for the new administration’s economic policies.
Truck Drivers Can Pay Tolls in Texas With PrePass
Help Inc. announced that its PrePass transponders can now pay tolls at facilities run by the Texas Department of Transportation, North Texas Tollway Authority and the Harrison County Toll Road Authority.
February 24, 2017Trump's Nafta Revamp Could Hit Close to Home for Key US Industries
American companies importing vehicles and their parts, electronics and fruit from south of the border would be well-advised to keep a close eye on the future of Nafta.