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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.

GovernmentBusinessTechnologyFuel

House Policymakers Consider Multiyear Highway Bill

The Transportation and Infrastructure Committee in the U.S. House continued to debate a five-year, $494 billion highway policy bill on June 18, a day after kicking off the measure’s consideration.

June 18, 2020
GovernmentBusiness

House Democrats Pitch $1.5 Trillion in Infrastructure Spending

House Democrats on June 18 pitched a $1.5 trillion plan to rebuild the nation’s infrastructure and urged President Donald Trump to immediately engage in negotiations on how to pay for it.

June 18, 2020
BusinessLogistics

Werner CEO Looks Back at Founder’s Legacy

Werner Enterprises CEO Derek Leathers in an exclusive interview with Transport Topics discussed how the principles established by company founder Clarence L. Werner — who plans to step down as chairman of the board next year — remain the foundation of how the company operates.

June 18, 2020
GovernmentBusinessSafety

DOT Unveils Newest INFRA Grant Recipients

The U.S. Department of Transportation has announced the recipients of $906 million in Infrastructure For Rebuilding America grants.

June 18, 2020
BusinessTechnologySafetyAutonomous

Ford Takes on Tesla With Hands-Free Driving for Electric Mustang

Ford Motor Co. plans to install a hands-free driving system on its electric Mustang Mach-E model coming later this year as it attempts to muscle in on the high-tech turf now dominated by Tesla Inc.

June 18, 2020
GovernmentBusinessTechnology

Tesla °®¶¹´«Ã½s In on Austin, Texas, for Cybertruck Site

Tesla Inc. is zeroing in on an area in southeast Austin, Texas, for the electric-car maker’s second U.S. auto factory as Elon Musk prepares to choose a site for its production base of a new pickup truck.

June 18, 2020
GovernmentBusiness

1.5 Million More Laid-Off Workers Seek Unemployment Benefits

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.

June 18, 2020
GovernmentBusinessTechnologyEquipment

Carriers Face August Deadline to Identify Specific Chinese Tech

American Trucking Associations and a U.S. Chamber of Commerce-led coalition are sounding the alarm over a provision tucked into the more than 700-page 2019 Defense Authorization Act that requires federal government contractors to by mid-August rid their companies of prohibited components manufactured by five Chinese companies.

June 18, 2020
BusinessTechnologyEquipment

VTNA Deploys First Electric Class 8 at SoCal Dealership

Volvo Trucks North America has deployed its first pilot VNR Electric Class 8 vehicle in Southern California at its TEC Equipment dealership in Fontana.

June 18, 2020
GovernmentBusinessSafety

US Borders With Mexico, Canada to Stay Closed, Except for Essential Traffic

Officials in Washington, Ottawa and Mexico City say the border closings to nonessential travel between the U.S. and its northern and southern neighbors will remain in place for at least another month. The borders have been closed to slow the spread of the coronavirus.

June 18, 2020

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