As part of its study on the potential of tolls in the Portland area, the Oregon Department of Transportation will consider 4,644 public comments, the majority of which express opposition to the tolls.
December 8, 2020Trucking 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.
Diesel Continues to Climb on Increasing Global Oil Demand
The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.
December 7, 2020Aurora to Buy Uber’s Self-Driving Vehicles Arm
Uber is selling off its autonomous vehicles-development arm to Aurora as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic.
December 7, 2020Congress Eyes Support for Busy Ports
As operators of major container ports struggle to keep ahead of a rush of imported goods while retailers restock nine months into the coronavirus pandemic, Congress is aiming to lend additional support.
December 7, 2020Some Experts See Plane-Crash Risk Rising on Expansion of 5G Spectrum
A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes.
December 7, 2020Luminar Technologies More Than Doubles Post SPAC Merger
Peter Thiel-backed Luminar Technologies Inc. briefly touched an all-time high within days of emerging as a stand-alone company as investor excitement over developers of laser sensors that enable autonomous driving ramped up.
December 7, 2020Arkansas’ 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.
December 7, 2020Majority 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.
December 7, 2020Missouri 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.
December 7, 2020