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.
Jobless Claims Fall to Pandemic Low
Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts.
Minneapolis City Council Committee OKs Amended Truck Parking Ban
The Minneapolis City Council’s Transportation and Public Works Committee on July 14 voted in favor of amendments introducing gradual fines, to accompany a proposed ban on truck parking in the city.
Toyota Tech Arm Plans Self-Driving Acquisition Spree
Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.
Wildfire Threat Halts Some CN Rail Traffic Again
Canadian National Railway Co. told its customers on July 14 that it’s temporarily suspending operations in parts of British Columbia due to wildfires, the latest snarl to rail traffic in the region after recent track damage left thousands of cars idled.
June Medium-Duty Sales Second-Highest in 2021
Classes 4-7 U.S. retail sales rose in June to the second-highest level of the year as they cleared 20,000 units, with all segments improving over the same period last year, WardsAuto .com reported.
DTNA Names Scott Kuebler On-Highway Sales VP
Daimler Trucks North America announced that Scott Kuebler was appointed to serve as vice president for on-highway sales.
July 14, 2021Rail Stakeholders Push 15-Year Plan for Northeast Corridor
WASHINGTON — As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on July 14 released a 15-year plan of rail improvements for the congested Northeast Corridor that would boost daily train routes and significantly speed travel on Acela express lines.
FMCSA Plans to Increase Windshield Area to Mount Safety Devices
The Federal Motor Carrier Safety Administration has issued a proposal to amend its regulations to increase the allowable area vehicle safety technology devices may be mounted on the interior of commercial motor vehicle windshields.
Senate Democrats’ $3.5 Trillion Budget Deal Backs Up Biden’s Goals
WASHINGTON — Senate Democrats say they have reached a budget agreement that envisions spending an enormous $3.5 trillion over the coming decade, paving the way for their drive to pour federal resources into climate change, health care and family service programs sought by President Joe Biden.
UK Vows to End Sales of New Petrol, Diesel Heavy Vehicles by 2040
The U.K. will end the sale of all new diesel and petrol heavy goods vehicles by 2040 and ultimately decarbonize all modes of domestic transport by 2050, under government plans.