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.
Illinois Releases $20.7 Billion Infrastructure Construction Plan
Illinois Gov. Jay “J.B.” Pritzker joined various officials May 19 to announce the release of a $20.7 billion transportation construction plan for the state.
Kansas City Southern Exits CP Deal, Takes CN’s $34 Billion
NEW YORK — Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks.
May 21, 2021Some Self-Driving Truck Developers Make Case for Supervised Autonomy
While most developers of Level 4 autonomous truck technology are targeting driverless operation, some see near-term business cases for highly automated, self-driving trucks with a driver still in the vehicle.
US Seeks Sharing of Chip Supply Information to Ease Crunch
Commerce Secretary Gina Raimondo said the Biden administration is exploring how to help semiconductor producers and buyers share supply chain information to alleviate the global chip supply crisis, and urged Congress to swiftly pass legislation to fund domestic production.
Securing Your IT Network
Protecting your trucking company’s computer network from the latest cyberthreats is an even greater challenge in 2021 given the stubborn persistence of the COVID-19 pandemic, according to security pros.
Germany Takes Step Toward Autonomous Driving on Public Roads
German lawmakers agreed to allow some driverless vehicles on public roads, a first step toward enabling autonomous driving in Europe’s biggest economy.
White House, GOP Infrastructure Talks Reaching Key Stage
WASHINGTON — Negotiations between the White House and Republican senators over President Joe Biden’s $2.25 trillion infrastructure plan are reaching a crucial stage before more talks May 21 after the latest offer from GOP lawmakers left some dismay in the administration that there wasn’t more movement from their initial $568 billion proposal.
Largest Containership Hits East Coast as Ports See Surge
With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on the morning of May 20, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up.
Likely Growth in Drone Deliveries Prompts NTSB to Expand Its Purview
The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.
FMCSA Board OKs Plan to End Exemption Process for Monocular Drivers
The Federal Motor Carrier Safety Administration’s Medical Review Board put its stamp of approval on a proposed plan for the agency to eliminate its exemption process for truck drivers with vision in only one eye.