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.
US Trade Deficit Widens to $78.8 Billion
The U.S. trade deficit widened to a two-year high in July, fueled by a surge in imports of goods and stepped-up efforts to ensure adequate supply ahead of a potential dockworkers strike.
US Port Talks Kick Off in Effort to Avoid Strike
The union representing East and Gulf coast dockworkers kicks off a two-day meeting Sept. 4 in New Jersey to discuss wage demands with port employers under the threat of a disruptive strike.
Trump Win Could Dent Future US GDP Growth, Goldman Warns
Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections.
US, China to Restart Climate Talks in Beijing
Climate negotiators from the U.S. and China will resume talks Sept. 4 in Beijing on deepening emissions cuts and transition funding.
September 3, 2024California’s AB 98 Sets Distance Rules for New Warehouses
New large warehouses would have to be several hundred feet or more from homes, schools and other sensitive land uses if a late-hour bill approved by California’s Legislature becomes law.
Perspective: Overcoming the Greatest Hurdle to ZEV Adoption
The greatest hurdle to the widespread adoption of medium- and heavy-duty zero-emission vehicles is the most difficult to overcome: an underlying lack of trust and faith in ZEVs.
Germany Issues Airfreight Security Alert
BERLIN — German security authorities are warning of “unconventional incendiary devices” being sent via freight service providers after several incidents in which parcels sent by private individuals across Europe caught fire while in transit.
FMCSA Grants $3.5 Million for CDL Training at 27 Schools
Texas, Iowa, Maryland, Oregon and Pennsylvania are the biggest beneficiaries from the Commercial Motor Vehicle Operator Safety Training grant program funding.
Volkswagen Could Cancel a No-Layoffs Pledge
FRANKFURT, Germany — Volkswagen says auto industry headwinds mean it can’t rule out plant closings in its home country and must drop a pledge that would have barred layoffs through 2029.
US Reports 28th Death From Exploding Takata Air Bag Inflators
DETROIT — Another death has been linked to dangerous Takata air bag inflators by U.S. regulators, the 28th in the United States.
September 3, 2024