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.
Notebook: Volvo Connects Ocean With Trucking, Touts Growing Market Share
NEWPORT, R.I. — Trucking and an ocean race may not immediately seem like a natural combination. However, the two have proved to be a perfect match.
Driverless Vehicles May Cut US Auto Sales by 40%, Analyst Says
U.S. auto sales may drop about 40% in the next 25 years because of shared driverless cars, forcing mass-market producers such as General Motors Co. and Ford Motor Co. to slash output, a Barclays analyst said.
May 20, 2015E-Commerce Increases 3.5%
Sales on e-commerce websites increased 3.5% in the first three months of the year from the previous quarter, reaching a record $80 billion worth of purchases, according to seasonally adjusted figures released by the Commerce Department on May 15.
May 20, 2015April Truck Tonnage Growth Slows to 1% Year-Over-Year
Truck tonnage growth slowed to the lowest level in more than two years in April, gaining 1% over the same month last year, American Trucking Associations reported.
House Passes Two-Month Highway Trust Fund Patch; Senate’s Turn to Act
House Republicans on May 19 garnered plenty of support for a two-month extension of highway funding authority, even as a pesky cadre of Democrats criticized their efforts.
Rural America Needs Road, Bridge Overhaul, Report Says
Rural American communities also have transportation needs and suffer from dilapidated roads and bridges, says a report from TRIP, a nonprofit transportation research group.
Natural Gas for Heavy-Duty Trucks Could Increase Global Warming, New Report Says
A switch to cleaner-burning natural gas as a fuel for heavy-duty trucks could increase global warming due to the release of methane at drilling sites and the fact that natural gas-powered engines get fewer miles per gallon than traditional diesel-powered engines, according to a report issued May 19 by the Environmental Defense Fund.
May 19, 2015Rep. Peter DeFazio Introduces Grow America Act
Rep. Peter DeFazio (D-Ore.), the chamber’s top Democrat on the transportation policy panel, introduced President Obama’s transportation plan as legislation on the same day the House voted on a two-month funding patch for highway programs.
House to Vote on Two-Month Highway Fund Patch
The House is considering legislation that would extend funding authority for highway programs through July.
Rocky the Truck is Alive and Tweeting! Look Back at the Live Chat
You’ve seen him in Transport Topics cartoons for years, and now, Rocky The Truck has come to life! Rocky has created his own Twitter account, @RockyTheTruck. Rocky introduced himself May 19 via a live chat; see what Rocky had to say.
May 19, 2015