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 to Consider Short-Term Highway Funding Extension Oct. 27
Funding authority for highway programs would be extended through Nov. 20 under legislation scheduled for floor consideration Oct. 27, according to a schedule released by House Majority Leader Kevin McCarthy (R-Calif.).
October 26, 2015Sen. Inhofe Optimistic Congress Will Send POTUS a Highway Bill in a ‘Few Weeks’
A multiyear highway reauthorization bill will arrive on President Obama’s desk by next month, the chairman of the Senate transportation policy committee said Oct. 26 on the chamber’s floor.
N.Y. Official: No Timeline for New Tunnel Under Hudson
An aide to N.Y. Gov. Andrew Cuomo said Oct. 26 that there is no timeline to build a new tunnel under the Hudson River to connect New York and New Jersey.
Trailer Maker Wabash National Introduces First Truck Bodies
Semi-trailer manufacturer Wabash National Corp. today introduced its first line of dry and refrigerated truck bodies to meet growing demand for urban delivery services.
October 26, 2015FedEx to Hire 55,000 to Handle Online-Fueled Holiday Shipping
FedEx Corp. will hire about 55,000 temporary workers to grapple with an expected 12% increase in shipping this holiday season, bolstered by an extra day of shopping and continued growth of online purchases.
Sales of New Homes Slump to Lowest Level Since November
Purchases of new U.S. homes slumped in September to a 10-month low, disrupting a trend of steady improvement this year in the industry.
October 26, 2015Thermo King Develops Truck Solar Panel
Thermo King said it has developed a solar panel option for trucks, designed to provide an alternative power source for refrigerated and dry fleets.
October 26, 2015RearView Safety Has New Fatigue-Monitoring Tool
RearView Safety unveiled a new fatigue-monitoring system to enhance driver alertness.
October 26, 2015Oil at $50 Is ‘Gift to World’ Says OPEC Member
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, according to the head of Abu Dhabi’s Department of Economic Development.
Navman Wireless Releases New GPS Platform
Fleet telematics provider Navman Wireless has released a new GPS software platform, Navman Wireless Director.
October 26, 2015