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.
EEOC Sues Stevens Transport for Refusing to Hire Driver
The U.S. Equal Employment Opportunity Commission has filed a federal lawsuit against Dallas-based refrigerated carrier Stevens Transport Inc. for refusing to hire a truck driver with bipolar disorder.
Cargo Pilots in Florida Picket for New Deals
A pair of contract protests Dec. 7 by unionized passenger airline and cargo pilots in Broward County, Florida, could signal turbulent skies ahead for some travelers and air package carriers.
Household, Nonprofit Group Wealth Rises $1.59 Trillion in Third Quarter
Household wealth in the United States accelerated in the third quarter, driven by higher financial assets and real estate values, figures from the Federal Reserve showed Dec. 8.
Former Gov. Ed Rendell: New Tolls on Interstates Ideal for Infrastructure Projects
WASHINGTON — Allowing states to establish tolling facilities on existing interstate highways would help finance large-scale infrastructure projects, the former governor of Pennsylvania argued while on a panel here on Dec. 8.
Vermont’s Gov.-Elect Phil Scott Wants to Boost Transportation, Not Taxes
Vermont is Bernie Sanders’ home state, but its governor-elect is hardly in the former Democratic presidential candidate’s tax and spend model. Speaking to the Vermont Petroleum Association on Dec. 7, Republican Phil Scott said he wants to rebuild the state’s infrastructure but without raising taxes.
Consumer Comfort in US Improves on Optimism About Economy
Consumer confidence improved during the week ended Dec. 3 as Americans felt the most optimistic about the U.S. economy since early last year, figures from the weekly Bloomberg Consumer Comfort Index showed Dec. 8.
Applications for Jobless Benefits Fell in Latest Week
Fewer Americans filed applications for unemployment benefits last week, reinforcing the picture of a healthy job market.
Sen. Cory Booker Still Wants HOS Provision Removed From Funding Bill
WASHINGTON — The top Democrat on a Senate trucking subcommittee said he is hopeful Republican leaders will be forced to remove a provision in a short-term funding bill that would clarify an hours-of-service rule for truckers.
Great Dane Adds to Freedom XP Flatbed Trailer
Trailer manufacturer Great Dane announced new features for the JOST AX150 Alumilight landing gear and a new sliding suspension option on its Freedom XP all-aluminum flatbed trailers.
December 7, 2016Hours-of-Service Provision Attached to Short-Term Funding Bill
A clarification to regulators about an hours-of-service rule for truck drivers has been attached to a short-term funding bill the House and Senate need to advance by Dec. 9 to keep the federal government running beyond this week.