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.
Consumer Prices Rise 0.2% in September; Used Vehicles Spike
U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
Wreaths Across America Plans for December Event Despite COVID-19
Planners for National Wreaths Across America Day say the event that honors fallen servicemen and women will take place, albeit with modifications to keep the thousands of volunteers and staff safe.
E-Commerce Spike Likely to Outlast COVID-19 Pandemic, Experts Say
COVID-19 has accelerated the growth of e-commerce, a trajectory that could have significant implications for the trucking sector even after the pandemic passes.
Einride Readies US Test for Automated Podlike Truck
Einride plans to expand its range of podlike self-driving trucks and launch a pilot program in the U.S. with tire manufacturer Bridgestone.
Carrier, AWS Collaborate on Food and Medicine Transportation
Amazon Web Services and Carrier Global Corp. announced Oct. 8 a multiyear agreement to develop a cold chain operations platform.
October 9, 2020Ware2Go Launches FulfillmentVu Technology Platform
Ware2Go launched a new technology platform Oct. 8 that combines warehouse management systems to help merchants meet customer expectations across all sales channels.
October 9, 2020CSA Reform Bill Introduced in US House
A new bill from the U.S. House proposes a pilot program to review potential benefits of remote carrier compliance reviews under the Compliance, Safety, Accountability program, as well as a national hiring standard for the trucking industry.
Utah DOT Opens Runaway Truck Ramp
The Utah Department of Transportation unveiled a newly constructed truck escape system that is meant to serve commercial motor vehicle operators navigating a challenging intersection.
Penske Truck Leasing Expands in Vermont
Penske Truck Leasing announced it opened a new facility in Essex Junction, Vt., to offer full-service truck leasing and contract truck fleet maintenance services.
October 9, 2020REG to Expand Renewable Diesel Refinery Capacity
Renewable Energy Group Inc. announced plans to expand capacity at its Geismar, La., renewable diesel refinery by between 250 million to 340 million gallons annually with construction expected to begin in 2021 with “mechanical completion” in 2023.
October 9, 2020