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 House Highway Bill Includes $1 Billion in Truck Parking Grants
WASHINGTON — Funding to expand parking facilities for truck drivers around the country is included in comprehensive highway policy legislation expected before the U.S. House of Representatives during the week of June 28.
US Goods-Trade Gap Widens More Than Forecast as Imports Rise
The U.S. merchandise-trade deficit widened more than forecast in May as the value of imports rose to near-record levels and exports declined.
Minneapolis Council Committee Passes Citywide Truck Parking Restrictions
The Transportation and Public Works Committee of the Minneapolis City Council on June 23 approved an ordinance amendment that would limit truck parking in the city.
US Durable Goods Orders Rise 2.3% in May
Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surging demand for civilian aircraft.
Infrastructure Deal Closer With Biden, Senators Meeting June 24
President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.
June 24, 2021US Jobless Claims Tick Down to 411,000 as Economy Heals
The number of Americans applying for unemployment benefits dropped in the week ended June 19, a sign that layoffs declined and the job market is improving.
Senators Bringing Bipartisan Infrastructure Deal to Biden Today
WASHINGTON — A bipartisan group of senators reached a tentative framework on a $953 billion infrastructure deal June 23 ahead of a crucial meeting with President Joe Biden at the White House.
Some Used Vehicles Now Cost More Than Original Sticker Price
When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.
Trucking Lawyers Should Share Defense Strategies, Author and Noted Attorney Says
For more than a year, prominent San Diego defense attorney Robert Tyson has been scolding his colleagues for not sharing trial defense strategies to beat plaintiff attorneys in the nation’s courtrooms. Here are his tactics for winning in court.
FET on Heavy-Duty Trucks Deters Sales, ATD Says
Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.