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.
Bipartisan Policy Center Kicks Off Slew of Infrastructure Week Events May 16
A battery of in-depth and meaningful events looking at the shabby state of the country’s infrastructure kicks off May 16 with a forum hosted by the Bipartisan Policy Center in Washington, D.C.
April 14, 2016Ontario Trucking Association Names Stephen Laskowski President
The Ontario Trucking Association’s Board of Directors named Stephen Laskowski president during its meeting April 14.
Oil Market Stabilizing, International Energy Agency Says
Oil prices have stabilized on the back of steady demand, the International Energy Agency said in its monthly outlook released April 14.
Transportation Officials in Five States Testing Electronic In-Cab Credentials
Transportation officials in Wisconsin and four other states are pilot-testing a system that permits drivers to use their cellphones, tablets and laptops to electronically present their in-cab motor carrier credentials to roadside inspectors and state patrol officers.
Teamsters Protest Looming Pension Cuts at D.C. Rally
WASHINGTON — Thousands of Teamsters retirees, angered by looming pension cuts of 50% or more, descended on Washington April 14 to protest the reductions ahead of a May 7 deadline for a Treasury Department decision on the proposed cutbacks.
Consumer Comfort Rose Last Week for First Time in Month
Consumer confidence climbed for the first time in a month, as perceptions about the world’s largest economy jumped by the most in more than a year.
Core Consumer Prices Cool, Signaling That Recent Pickup May Be Fading
The cost of living in the United States excluding food and fuel rose less than forecast in March, bearing out Federal Reserve Chair Janet Yellen’s forecast that the recent pickup would prove fleeting.
Jobless Claims Decline to Match Lowest Level Since 1973
The number of Americans filing applications for unemployment benefits unexpectedly declined last week to match a more than 42-year low, indicating employers are upbeat about an economy that bogged down in the first quarter.
Technology, Speed Key to Business Growth, Say TIA Leaders
SAN ANTONIO — Despite a number of continued regulatory concerns, freight brokers and logistics companies have the ability to expand their businesses through better use of technology and by participating in the growing demand for faster delivery of goods purchased online, said officials of the Transportation Intermediaries Association.
US Transportation Activity Rises Moderately, Fed Says
Transportation activity in the United States rose moderately in late February and March, with several areas of the country reporting increases in freight volumes, the Federal Reserve reported.
April 13, 2016