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.
Amazon to Launch New Private-Label Brands, Report Says
Amazon is expanding its horizons by launching several new private-label brands in coming weeks, according to a report in the Wall Street Journal.
National League of Cities Says New Federalism Is Emerging
WASHINGTON — Coinciding with Infrastructure Week, the National League of Cities released a report saying while cities are increasingly on their own to cover infrastructure costs, they have limited authority to create funding tools.
‘Everything’s on the Table’ to Fund Infrastructure, Says Rep. Sam Graves
WASHINGTON — The chairman of the surface transportation subcommittee in the House said Congress will need to consider ways other than raising taxes on fuel to fund infrastructure projects.
Panel Endorses More P3 Infrastructure Investment
WASHINGTON — An Infrastructure Week panel at the Bipartisan Policy Center on May 16 advocated for public-private partnerships to fill about half of the nation’s infrastructure funding gap that will top $1 trillion by 2025.
Diesel Rises 2.6¢ to $2.297; Price Is Highest for 2016
The U.S. retail diesel average rose 2.6 cents to $2.297 the highest price this year, the Department of Energy said May 16.
May 16, 2016FedEx Freight CEO Calls on Congress to Allow Twin 33-Foot Trailers
WASHINGTON — Speaking at an Infrastructure Week kickoff event, FedEx Freight CEO Michael Ducker called on Congress to authorize the use of twin 33-foot trailers as a “creative solution” to help the nation’s declining condition of roads and bridges.
Accuride Wins DTNA Contract for Flywheels
Commercial vehicle component supplier Accuride Corp. said its Brillion Iron Works business unit won a long-term contract to supply the flywheel used with the Detroit DT12 automated manual transmission.
May 16, 2016House Appropriators to Consider Transportation Funding Bill May 18
House appropriators on May 18 will take up a fiscal 2017 funding bill that is expected to include trucking-related provisions, Capitol Hill aides said.
California’s Truckers Dream of Dedicated Truck Lanes
Trish Anderson, 53, a truck driver from Mississippi, dreams about dedicated truck lanes. A lot.
VIDEO: Celadon’s Will Fondly Remembers Russell’s Life, Push to Improve Driver Health
Paul Will, chairman and CEO of Celadon Group, spoke with Transport Topics about the lasting impact company founder Stephen Russell has had on the company.