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.
How Collapsed Section of I-95 Will Be Fixed
Pennsylvania Gov. Josh Shapiro said June 14 that crews will work 24 hours a day in Philadelphia to reopen a collapsed section of an important East Coast highway.
Three More Sentenced in Staged New Orleans Crashes
Three more individuals have been sentenced over the past two months for their roles in staged crashes with tractor-trailers in the New Orleans area.
Medium-Duty Truck Sales Rise 28.6% in May
U.S. retail sales for medium-duty trucks grew 28.6% in May compared with the year-ago period, according to data from Wards Intelligence.
UPS, Teamsters Agree to Install Air Conditioning in Trucks
The International Brotherhood of Teamsters says UPS Inc. has agreed to equip its delivery and logistics vehicles with air conditioning systems, a key point in contract negotiations.
Trump Hints He Would Pull Plug on EV Tax Credits, Incentives
While Georgia sits at the center of a surge in electric vehicle manufacturing, former President Donald Trump took aim at the state’s fastest-growing industry in a speech there.
N.J. Governor Wants Feds to Revisit NYC Toll Plan
New Jersey Gov. Phil Murphy is urging the federal government to re-examine New York City’s plan to start charging motorists driving into midtown Manhattan.
EVs Lose Range When Carrying Added Weight, AAA Test Shows
Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released June 13.
Labor Chief Su Visits West Coast Port Talks
Acting Labor Secretary Julie Su is in California for talks with West Coast port employers and the dockworkers’ union in an effort to break an impasse in a long-running contract negotiation.
Trucking Groups Urge Rejection of Rhode Island Tolling Appeal
Trucking and business groups have filed amicus curiae briefs, asking a federal circuit court to reject an appeal seeking reinstatement of Rhode Island’s trucks-only tolling plan.
Consumer Price Growth Slows in May
WASHINGTON — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation.