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.
House Lawmaker Introduces Rural Infrastructure Bill
Legislation meant to assist rural transportation corridors was introduced by Rep. Carol Miller this month.
Uber, Others Jockey for Early COVID-19 Vaccine Access for Workers
Uber says its drivers should get priority access to the COVID-19 vaccine because they provide crucial transportation to health care workers and the general public.
Consumer Sentiment in US Rises Unexpectedly on Vaccine News
A gauge of U.S. consumer sentiment unexpectedly increased in early December to the second-highest level since March, amid prospects for a vaccine coming soon to tame the pandemic.
FDA Head Expects Vaccine Emergency Use Soon
WASHINGTON — The head of the Food and Drug Administration says his agency has told Pfizer that it “will rapidly work” to grant emergency use of its COVID-19 vaccine following a positive recommendation by government advisers.
December 11, 2020YRC Loan Profitable for Treasury, Mnuchin Says
Treasury Secretary Steven Mnuchin told a congressional oversight committee that the federal government has made money on a $700 million loan it extended to YRC Worldwide under a coronavirus relief package for businesses that were deemed essential in fighting the pandemic.
Indiana Awards $101 Million for Local Roads, Bridges
The Indiana Department of Transportation and Gov. Eric Holcomb announced that local government agencies have received a combined $101 million in state matching funds to support road and bridge projects.
Transportation Management Technologies Reach Inflection Point
A series of trends and technological advancements is driving change with transportation management systems at an unprecedented pace, according to carriers and TMS providers.
SelecTrucks Prepares for Wave of Cascadia Models to Reach Used Market
The used Class 8 sleeper market is showing signs of a rebound, said Mary Aufdemberg, president of Daimler Trucks Remarketing.
Class 8 Sales in November Slip
Class 8 U.S. retail sales in November reached 17,803, down 4% compared with 18,545 a year earlier, WardsAuto.com reported.
California Gov. Gavin Newsom Names Liane Randolph for CARB Chair
Gov. Gavin Newsom has named one of California’s utility-company regulators to lead the state agency that fights air pollution and climate change.