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.
Ambassador Bridge Owners Again Challenge Construction of New Bridge to Canada
The Moroun family, owners of the Ambassador Bridge, have raised yet another challenge to the construction of a rival bridge — the Gordie Howe International Bridge.
Experts Say Lack of Public Understanding Complicates Urban Freight Movement
WASHINGTON — The disconnect between the government agencies that regulate freight and the companies that move it in ever-increasing volumes throughout the United States was a focus of a Transportation Research Board session on Jan. 9.
TRB Subcommittee Wants Help From Carriers on FMCSA Alternative Compliance Research
WASHINGTON — Members of a Transportation Research Board subcommittee continued exploring potential ideas aimed at assisting federal truck and bus regulators in establishing a congressionally mandated “alternative compliance” program that would reward carriers for exceeding regulatory requirements.
Transportation Agency Officials, Experts Tout Importance of Performance Management
WASHINGTON — Performance management, long a staple of the private sector, is increasingly common in the world of transportation agencies. That reality, which was jump-started by MAP 21 becoming law in 2012, was applauded by officials from those agencies as well as other experts at a Transportation Research Board session on Jan. 8.
New Mexico Border Towns Fear Trump's Disdain for Nafta Will Stall Trade Growth
A truck driver pauses at one of the few intersections in the border area of Santa Teresa, New Mexico, as he tries to navigate a narrow turn while transporting a giant wind turbine blade.
Joe McGuinness, Former Franklin Mayor, Chosen to Lead Indiana DOT
Joe McGuinness has been tapped to take over as commissioner of Indiana’s Department of Transportation, leaving his post as mayor of Franklin, Indiana.
January 9, 2017Catenary System Poised for One-Year Test Near California Ports
WASHINGTON — The South Coast Air Quality Management District expects to start a one-year test soon of electrified trucking near two of the nation’s largest ports, the leader of the agency’s division overseeing the program said Jan. 8.
Illinois Town Fights Proposed Intermodal Terminal
In Illinois, Crete Township residents tried to convince Will County officials not to support an overpass, fearing it would pave the way for a proposed intermodal facility that they oppose.
Oil Tank Car Manufacturing to Remain Steady Despite Decline in Shipping
As the amount of crude oil being shipped by rail declines, it is unlikely that Watertown-based New York Air Brake will see a drop in business for the time being.
Moving Shipments Decline
A downturn in long-distance moves by individuals, corporations and the military in 2016 is putting pressure on household goods movers and could spur a new round of industry consolidation and retrenchment, executives and industry officials said.