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.
Home Depot’s Same-Store Sales Surge in Q4
Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales.
Coronavirus Outbreak Keeps Global Markets in Check
LONDON — Share prices around the world, particularly in Japan, took a hit Feb. 25 amid mounting fears about the economic impact of the new coronavirus outbreak.
Amazon Opens Cashier-Less Grocery Store in Seattle
Amazon is opening its first cashier-less supermarket, the latest sign that the online retailing giant is serious about shaking up the $800 billion grocery industry.
TMC Aims to Help Fleets Navigate Complexity of Electric, Automated Vehicles
ATLANTA — As manufacturers and technology developers introduce electric-powered trucks and continue to test automated driving systems, American Trucking Associations' Technology & Maintenance Council is taking steps to help fleets navigate the complexity of these emerging technologies.
Freight Stakeholders Advocate for Modernizing NEPA
WASHINGTON — The Trump administration’s effort to update long-standing federal environmental permitting guidelines received a resounding endorsement on Feb. 24 from a group of business and freight stakeholders.
Diesel Declines 0.8¢ a Gallon to $2.882
The nationwide average price of diesel fuel declined by less than a cent per gallon Feb. 24, according to the U.S. Energy Information Administration.
Amtrak Blames Freight Trains for Passenger Delays Getting Worse
Amtrak's "on-time performance" for its increasingly popular passenger trains is sliding to new lows, and it says that slow-moving freight trains that use the same tracks are to blame.
Michelin Announces New Digital Trailer Maintenance and Repair Program
ATLANTA — Michelin Services and Solutions is a major step in helping trucking companies lessen the pain of fleet trailer repairs and maintenance, Michelin North America said of its new digital services platform.
Automated and Electric Concerns at 2020 TMC
Transport Topics Features Editor Seth Clevenger recaps a three-part 2020 TMC work session on automated and electric vehicles, as well as platooning strategies.
February 24, 2020Alcoa Debuts New Lightweight Wheel, Bore Design
ATLANTA — Alcoa Wheels introduced a new wheel for heavy-truck applications that the company said is the lightest wheel it has produced, and which features a design that reduces contact with the wheel hub, which it said can combat corrosion.