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.
CVSA Offers Coronavirus Guidance to Roadside Inspectors, Drivers
From decontamination of their uniforms daily to keeping their distance from truck cabs and drivers, roadside inspectors face increasingly challenging conditions in keeping the nation’s highways safe in the midst of the coronavirus crisis.
Singapore Shipping Liner Fined for Dumping Oil in Pacific
A shipping company was ordered to pay a $1.65 million fine and given four years’ probation after one of its vessels was caught dumping oil bilge water into the Pacific Ocean, a short distance from the Golden Gate Bridge.
Diesel Falls 7.4¢ to $2.659 per Gallon; Gasoline Plunges 12.8¢
The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.
House Leaders Call for Commerce Grants Amid Crisis
In an address to the nation, the transportation leader in the U.S. House of Representatives emphasized the critical role of commercial drivers during the coronavirus pandemic.
Boeing Will Halt Work at Seattle-Area Factories
Boeing Co. is temporarily shuttering its Seattle-area manufacturing hub for two weeks, adding to a wave of plant closings sweeping the globe and compounding difficulties for a company navigating one of the aviation industry’s biggest disruptions in decades.
Tens of Thousands Are Getting Laid Off in US Shale Patch
The spread of the coronavirus coupled with an oil-price war between Russia and Saudi Arabia threatens to devastate the oil services industry and its workers.
Digital Freight Sector Responds to Coronavirus Outbreak
Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.
UPS, Teamsters Agree on Sick Leave as Coronavirus Spreads
UPS Inc. said it is taking steps to protect its employees from contracting the COVID-19 virus and that it reached an agreement with the International Brotherhood of Teamsters concerning paid-leave guidelines for unionized workers who are affected by it.
Factories Pivot to Fight Coronavirus, but Challenges Abound
Factories across industries are trying to answer the call of duty amid a pandemic that has so far claimed more than 15,000 lives and sickened 350,000 people globally.
Postal Service, UPS, FedEx and Amazon Put Safety First
As the coronavirus pandemic spreads across the U.S., more people are relying on the mail and delivery services to provide them food, medicine and household items.