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.
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.
ATA Welcomes New Leadership Training Class
As the country continues to praise the trucking industry’s contributions during the pandemic, American Trucking Associations announced the new members of its executive training class.
Old Dominion Profit, Revenue Up in Third Quarter
Old Dominion Freight Line Inc.’s profit and revenue rose in the third quarter as freight demand picked up as the economy started to rebound from the COVID-19 pandemic recession.
ATRI Top 10 Report Finds Driver Shortage Top Issue for Fourth Year in a Row
For the fourth year in a row, the trucking industry’s persistent driver shortage ranked No. 1 on the annual Top Industry Issues list from the American Transportation Research Institute.
Amazon, FedEx, UPS Boost US Warehouse Jobs Amid Online Boom
Warehouse operators across the U.S. are rushing to hire workers amid a boom in online sales, a bright spot for a labor market that faces mounting challenges.
Fleets Make Strides Toward Diversifying Workforce, Panelists Say
Identifying diversity and helping it grow throughout the trucking industry was the main focus in an Oct. 26 virtual panel discussion during American Trucking Associations’ Management Conference & Exhibition.
Cummins Sees Q3 Profit, Income Decline
Cummins Inc. reported lower net income and revenue in the third quarter, mirroring in part the drop in truck production.
Ford Doubles Down on Testing Autonomous Cars in Miami-Dade
After landing in Miami-Dade in 2018 with a fleet of self-driving cars, Ford announced Oct. 26 that it plans to broaden its presence in the area as it explores the frontiers of autonomous vehicles.
Three Concerns for Trucking’s Workforce Development
RoadSigns produced a special series of podcasts on workforce development in which Transport Topics explored various ways to obtain and strengthen the talents and attributes of employees. Here are some of the issues the leaders of the industry discussed with us.