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.
Florida Program Encourages Truckers to Fight Human Trafficking
Florida officials recently launched the Highway Heroes campaign, which aims to involve truck drivers in the fight to end human trafficking.
September Factory Orders Up 1.9%
Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.
Lytx Technology Allows Driver Monitoring Without Recording Video
Video telematics company Lytx has introduced a new series of services ranging from improved driver monitoring to optional in-cab video recordings.
Hurricane Warning for New Orleans as Zeta Swirls Over Mexico
Storm-weary Louisiana is once again under a hurricane warning, with Zeta leaving Mexico’s Yucatan Peninsula on a path that could hit New Orleans the night of Oct. 28.
Stimulus Hope on Hold Until After Election as Senate Leaves
U.S. senators departed the Capitol for a pre-election break Oct. 26, making the logistics for passing a fiscal stimulus package by Nov. 3 practically impossible, leaving the economy more vulnerable to damage from a resurgent coronavirus pandemic.
Covenant Logistics Reports Mixed Results for Q3
Covenant Logistics Group reported increased earnings on lower income during the third quarter, the carrier reported Oct. 26.
PortPro Introduces New Drayage TMS
PortPro Technologies introduced a new transportation management system intended to address the needs of drayage carriers.
October 27, 2020Daimler, Waymo Partner to Develop Autonomous Trucks
Daimler Trucks and Waymo have announced an agreement to produce highly automated Level 4 commercial vehicles by combining Daimler’s trucks with Waymo’s technology.
Diesel Dips for Seventh Time in Eight Weeks; Zeta Pounds Gulf Coast
The national average price of diesel decreased three-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 26. The drop is the seventh in the past eight weeks.
Public Views Trucking Industry Favorably in Pandemic Era, Newhouse Says
The jobs performed by the country’s truckers helped to ensure the viability of an economy hit hard by the pandemic, according to recent research.