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.
NHTSA Issues Distracted Driving Guidelines
The National Highway Traffic Safety Administration released proposed guidelines Nov. 23 that are designed to address driver distraction caused by mobile and other electronic devices.
In Trump’s Shadow, Rep. John Delaney Pushes Infrastructure Bank
While President-elect Donald Trump continues to defend his proposal to invest a $1 trillion in infrastructure, a member of Congress is reminding his colleagues that he, too, has a plan for upgrading the country’s crumbling infrastructure.
November 23, 2016Judge Blocks Obama Rule Extending Overtime Pay to 4.2 Million US Workers
A federal judge on Nov. 22 blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million workers from taking effect, imperiling one of the outgoing president's signature achievements for boosting wages.
DOT Announces Automation Proving Ground Program
U.S. Transportation Secretary Anthony Foxx announced Nov. 23 the launch of the department’s Automation Proving Ground pilot program.
Amazon to Open Second Las Vegas Distribution Center
Amazon.com plans to open a fulfillment center in North Los Vegas, the second in the city and the third location in Nevada, the company announced Nov. 22.
November 23, 2016Used-Truck Sales Improve in October
Used Class 8 truck same-dealer sales increased less than 10% in October compared with a year earlier, according ACT Research Co.
November 23, 2016Navistar Introduces Heavy-Duty Collision Replacement Parts to Fleetrite Brand
Navistar Inc. has expanded its Fleetrite aftermarket brand of all-makes parts to include more than 70 collision-replacement products.
November 23, 2016Consumer Sentiment Jumps After Trump Election Victory
Consumer confidence rose more than previously reported to a six-month high in November, showing Americans became more optimistic about their finances and the economy after Donald Trump won the presidential election.
Sales of New Homes Declined to Four-Month Low in October
Purchases of new U.S. homes declined in October to a four-month low, showing the residential real estate market began to soften a month prior to a jump in borrowing costs.
Orders for Capital Goods Rise for Fourth Month in Last Five
Orders for U.S. business equipment climbed in October for the fourth month in the last five and sales also advanced, indicating corporate investment may be starting to thaw.