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.
UPS Produces Strong Q3 Earnings Amid E-Commerce Surge
UPS Inc. reported strong financial results in the third quarter as a surge in deliveries to businesses and homes lifted the Atlanta-based carrier through the three-month period.
US Goods-Trade Gap Unexpectedly Narrows on Drop in Imports
The U.S. merchandise-trade deficit unexpectedly narrowed in September from the prior month’s record as imports declined for the first time in four months.
FMCSA Seeks Nominations for Motor Carrier Safety Advisory Committee
The Federal Motor Carrier Safety Administration is requesting nominations for people to serve on its Motor Carrier Safety Advisory Committee.
VW’s Traton, Toyota’s Hino to Collaborate on Electrification
Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.
Zeta on Course to Hit New Orleans as Category 2 Hurricane
Hurricane Zeta is strengthening as it spins across the Gulf of Mexico, threatening to slam into New Orleans in the evening Oct. 28 as a Category 2 storm capable of uprooting trees and causing massive power outages.
Trucking Representatives Talk Silver Linings, Lingering Problems Amid Pandemic
Although the coronavirus pandemic has presented numerous challenges, it has also allowed transportation companies to find ways to improve, especially in terms of communication, according to trucking industry representatives.
12% of Vehicles Inspected Placed Out-of-Service
Commercial vehicle inspectors put 12% of the 43,565 inspected commercial motor vehicles out-of-service for brake-related violations during Brake Safety Week Aug. 23-29, the Commercial Vehicle Safety Alliance said Oct. 27.
TFI International Posts Profit Rebound in Q3
Profit at TFI International Inc. rebounded in the third quarter from pandemic lows as the carrier experienced operating income improvements.
Heroes Among Heroes: Three Truckers Honored for Selflessness During Pandemic
Three members of the trucking industry who demonstrated courage and selflessness during the early days of the coronavirus pandemic were honored by Transport Topics during American Trucking Associations’ Management Conference & Exhibition. See the video.
In Mail-In Vote Dispute, USPS Argues It Makes No Delivery Guarantees
Delivery delays during an election can’t be unlawful, because the Constitution doesn’t guarantee states any particular level of service when it comes to mail-in ballots, the U.S. Postal Service told a federal judge.