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.
Truck-Lite Holdings Renamed Clarience Technologies
Truck-Lite Holdings has changed its corporate name to Clarience Technologies.
May 11, 2020Musk Emerges as Loud Reopen Proponent With Tesla Threats
Tesla Inc. asserts that restarting its operations in the midst of the coronavirus pandemic doesn’t make the company an outlier, nor is it going against the grain.
Trailer Aerodynamics Suppliers Face Headwinds During Pandemic
Manufacturers of aerodynamic trailer equipment are like most companies confronting the dramatic economic slowdown caused by the COVID-19 pandemic, but are in some cases also working to prepare for a moment when business eventually picks up.
Werner Enterprises Launches New Innovation Arm
Werner Enterprises launched a new innovation arm to promote technology-rich driver solutions, the company announced May 6.
May 11, 2020Diesel Engine Makers Tackle Challenges Posed by Stricter Emission Standards
The lowest level of North American Class 8 truck orders in modern times is not stopping fleets and engine manufacturers from pushing ahead to prepare for more stringent emission regulations. Companies are finding ways to squeeze out better fuel mileage and uptime performance from the next wave of diesel engines.
USA Truck Posts Net Loss on Declining Revenue in Q1
USA Truck reported a net loss on decreased revenue during the first quarter, the company reported May 7.
Trucking Sheds 88,300 Jobs in April
The Labor Department said 88,300 trucking and warehouse positions were lost in April as unemployment nationwide reached 14.7%.
Boeing to Restart 737 Max Production After Four-Month Shutdown
Boeing Co. got a boost after CEO Dave Calhoun told Fox Business that the planemaker’s 737 Max assembly lines will rumble to life later this month.
Expeditors Sees Profit, Revenue Fall in Q1; Workforce Remains Intact
Global disruptions created by the coronavirus pandemic depressed profits and revenue at Expeditors International in the first quarter.
Minnesotans Lose Thousands in Auto Dealer-Shipper Scam
The Better Business Bureau (BBB) is warning Minnesotans about scams in which auto dealers and shippers ask customers to wire money for cars they have bought online.