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.
Startup Harnesses Data, Telematics in New Insurance Model for Fleets
High Definition Vehicle Insurance, launched in 2018, focuses on small and midsize trucking fleets.
Rep. James Clyburn Presses Cargo Carriers on COVID-19 Relief Aid
Rep. James Clyburn (D-S.C.), chairman of the Select Subcommittee on the Coronavirus Crisis, called on four cargo airlines to return pandemic relief aid.
EV Mania Turns Battery Makers Into Power Brokers
Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.
Roehl Works With Former Drivers Through Relaunch Program
Roehl Transport unveiled a program Oct. 21 to add hundreds of jobs for former truck drivers who want to relaunch their careers.
October 23, 2020Whiting Systems Opens New Georgia Distribution Center
Whiting Systems opened a new distribution fulfillment center in Georgia, the company announced Oct. 21.
October 23, 2020Confronting COVID-19 in Workplace a Tall Task for Fleets
It takes a robust yet flexible plan from trucking companies to effectively build processes and procedures to curb the risks and spread of COVID-19 in the workplace.
Rates Will Increase, But What Else Could 2021 Bring for Truck Insurance?
Year-over-year, motor carriers are having to pay more money for less coverage.
Appeals Court Orders Uber, Lyft to Treat Drivers as Employees
Uber Technologies Inc. and Lyft Inc. face the gravest threat yet to their business models after an appeals court ruled they must treat their drivers in California as employees instead of independent contractors.
Tesla Is Recalling About 30,000 Imported Vehicles in China
Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.
October 23, 2020USPS Ordered to Restore High-Speed Machines for Election Mail
A federal judge ordered the U.S. Postal Service to restore high-speed mail-sorting machines at any facilities that are unable to process first-class election mail quickly enough — a major concern for states as the postal agency continues to struggle with service performance.