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, Technology, Equipment

Arkansas’ Mobile Job Simulator Promotes Industry

Be Pro, Be Proud, a workforce development initiative, puts students behind the wheel of a truck driving simulator inside a tractor-trailer.

Steve Brawner | Special to Transport Topics
December 7, 2020
Government, Business

Majority of Business Economists Now See Full Recovery by End of 2021, Survey Says

The U.S. economy’s growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year as vaccines for the coronavirus become widely distributed.

Stan Choe | Associated Press
December 7, 2020
Government, Business, Fuel, TCA

Missouri Lawmakers May Ask Voters to Raise Gas Tax in 2021

JEFFERSON CITY, Mo. — Two years after Missouri voters decisively rejected a proposal to raise Missouri’s gasoline tax, the leader of the Senate wants a do-over.

Kurt Erickson | St. Louis Post-Dispatch
December 7, 2020
Government, Business

Details of $908 Billion US Pandemic Relief Plan Set for Release

Bipartisan negotiators on a $908 billion pandemic relief package are planning to unveil more details of their proposal Dec. 7, aiming to settle on language that can satisfy enough Republicans and Democrats to secure passage of one final tranche of COVID-19 aid before Congress breaks for the year.

December 7, 2020
Government, Business, Fuel

Oil Slips From Nine-Month High With Markets in Risk-Off Mode

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.

Sharon Cho and Alex Longley | Bloomberg News
December 7, 2020
Government, Business, Safety

Truckers Confront Risk Factors for Diabetes

About nine years ago, California-based longhaul truck driver Richard Hall was in for a big surprise when he got his first Department of Transportation medical exam.

Eric Miller | Senior Reporter
December 4, 2020
Government, Business, Safety

California Commission Approves $2 Billion in Infrastructure Projects

The California Transportation Commission has approved $2 billion for 56 new projects, some of which aim to improve the movement of goods and reduce congestion.

Eleanor Lamb | Staff Reporter
December 4, 2020
Government, Business, Safety, Logistics, Top 100

JBS Sends Thousands of Meat Workers Home During COVID Surge

A surge in COVID-19 cases is starting to impact American meat-processing operations in another potential threat to food supply chains that were upended in the early stages of the pandemic.

December 4, 2020
Government, Business

US Trade Deficit Rises 1.7% to $63.1 Billion in October

The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew.

Paul Wiseman | Associated Press
December 4, 2020
Government, Business

Jobs Recovery Slows as Virus Rages, Boosting Aid Chances

The U.S. labor market rebound slowed markedly in November, indicating the surge in COVID-19 cases is hitting workers and curbing the broader economic recovery as the unemployment rate edged down to 6.7%

Reade Pickert | Bloomberg News
December 4, 2020