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.
USPS Chief DeJoy: Election Mail Will Get Delivered on Time
Postmaster General Louis DeJoy defended his management of the U.S. Postal Service and said the agency is “fully capable” of handling what is expected to be a record number of mail-in ballots in the November election.
Deere Raises Outlook With Farm Demand Cushioning Downturn
Deere & Co., the largest maker of agricultural machinery, increased its sales outlook for the year as farm equipment demand remained resilient despite an “uncertain” market due to the coronavirus pandemic.
Not Feeling Ducky: Mascot Among Those Missing NTDC
It’s not just the drivers who are disappointed the National Truck Driving Championships were canceled this year. The mascot feels like a duck out of water.
American Airlines to Drop Flights to 15 Cities in October
American Airlines will drop flights to 15 smaller U.S. cities in October when a federal requirement to serve those communities ends.
Equipment Finance Leaders Report Improved Confidence
Confidence in the equipment finance market rose in August, according to the Equipment Leasing & Finance Foundation.
Uber, Lyft Win Delay on Converting Drivers to Employees
Uber and Lyft were spared from having to rapidly convert their California drivers to employees after an appeals court agreed they can keep their business models in place while challenging a judge’s order to comply with a state labor law.
Day & Ross Continues Growth Plan by Expanding Into Ohio
Day & Ross detailed the potential next steps of its multiyear expansion plan amid the completion of a new facility Aug. 19.
Volvo Trucks Partners With India’s Delhivery for Express Operations
Logistics company Delhivery and Volvo Trucks have joined hands to test and deploy a new transport solution for express operations that will help address the challenges in speedy delivery and cost efficiencies of services.
ACT Virtual Series Highlights Environmental Sustainability Challenges
Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.
ATA Expands With Moving and Storage Conference, Council
Stakeholders from the moving and storage industries have been made part of two groups that American Trucking Associations’ executive committee recently voted to create.