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.
March Class 8 Sales Near Replacement Levels
U.S. Class 8 retail sales in March fell 27.8% compared with a year earlier, WardsAuto .com reported.
Daimler Updates Repair Order Mobile App
Daimler Trucks North America launched April 2 the second generation of its app that helps dealers create a repair order.
SoftBank-Backed Nuro Gets OK for Driverless Delivery Tests in California
Nuro Inc. has won permission to test driverless, low-speed delivery vehicles in the San Francisco Bay Area, becoming the second company allowed to operate on public roads without a driver.
Landstar Begins Work on New Orientation Center
Landstar System began construction on a new orientation center for its exclusive independent owner-operators in Georgia, the company announced April 7.
April 9, 2020DAT Solutions, Schneider Logistics Partner on Pilot Program
Digital freight load board DAT Solutions on April 6 announced Schneider Logistics Services joined a pilot program to evaluate emerging tools to better forecast truckload freight rates.
April 9, 2020Pandemic Offers a Unique Shot at US Infrastructure Reform
Back in early 2017, investing in companies involved in infrastructure projects seemed like a smart idea, given newly elected President Donald Trump’s enthusiasm for building roads, bridges and walls. That it was also a spot of rare bipartisan agreement only bolstered the argument.
Analysts: Trucking Ripe With Opportunities for Autonomous Technology
Analysts expect autonomous driving to penetrate the commercial vehicle market before the consumer auto market.
Small-Business Group Seeks Limited Relief From Surety Bond Requirement
Federal trucking regulators are seeking comments on a petition filed by the Small Business in Transportation Coalition asking for a five-year exemption from the $75,000 surety bond or trust fund requirement for small property brokers and freight forwarders.
Amazon to Suspend Test Service for Outside Deliveries
Amazon .com Inc. is suspending a pilot program that was geared toward delivering packages for third-party vendors that sell goods on its website but that do not ship through one of its fulfillment centers.
Airlines Squeezed by Delays in $29 Billion US Rescue Funds
U.S. airlines’ desperate bid for $29 billion in government rescue cash is being frustrated by a lengthening process and demands that companies provide more detailed financial information, people familiar with the situation said.
April 9, 2020