Business

About Business News...

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.

Government, Business

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.

Mark Niquette | Bloomberg News
September 4, 2024
Government, Business, Logistics, Global Freight

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.

Laura Curtis | Bloomberg News
September 4, 2024
Government, Business

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.

Christopher Anstey | Bloomberg News
September 3, 2024
Government, Business, Technology, Fuel

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, 2024
Government, Business, Logistics, TCA

California’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.

Jeff Horseman | San Gabriel Valley Tribune
September 3, 2024
Government, Business, Equipment, Fuel, Perspective

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.

Greg Fulton | President, Colorado Motor Carriers Association
September 3, 2024
Government, Business, Safety, Logistics, TCA

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.

September 3, 2024
Government, Business, Safety

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.

Noël Fletcher | Staff Reporter
September 3, 2024
Business, Equipment

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.

David McHugh | Associated Press
September 3, 2024
Government, Business, Technology, Safety

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