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.
Walmart Recruits Robots in Online Grocery Battle With Amazon
Walmart has unveiled the Alphabot, an automated, 20,000-square-foot warehouse that could make its grocery pickup service faster and more efficient.
NACFE: Fuel Efficiency Up 15% From 2009 to 2018
The average fleetwide fuel economy of trucks that participated in the North American Council for Freight Efficiency’s annual study increased 15% from 6.27 miles per gallon in 2009 to 7.27 mpg in 2018.
Meritor Sees Equipment Downturn Coming After Prosperous 2019
Commercial vehicle equipment supplier Meritor Inc. forecast North American Class 8 production is primed for a steep decline in 2020 on the heels of last year’s exceptional market, the strongest in 13 years.
Ohio Career Center Expands Trucking Classes to Meet Growing Job Needs
Butler Tech’s popular commercial trucking program is expanding to Clermont County in Ohio as part of a recently announced expansion of its truck driver training program.
Survey: US Companies Added 202,000 Jobs in December
BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey.
Takata Recall of 10 Million Inflators Could Be Last of Air Bag Saga
DETROIT — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel.
Oil Rally Cools as Iranian Strike Causes No US Casualties
Oil’s rally faded as the U.S. said Iranian airstrikes on military bases in Iraq didn’t cause any casualties, reinforcing speculation that Tehran is opting for limited retaliation over the killing of a top general.
Carlos Ghosn Goes on Offensive in First Appearance Since Escape
Carlos Ghosn went on the attack against Japan’s criminal justice system less than two weeks after becoming the world’s most famous fugitive with a daring escape to Lebanon.
Florida Is Top U-Haul Destination in Sign of Surging Migration
Florida topped the nation in net arrivals of U-Haul trucks in 2019, providing more evidence of the rapid migration that’s fueling economic gains there.
Ruling That Awarded Walmart Drivers $54 Million Stands, Appeals Court Says
A three-judge panel of the 9th U.S. Circuit Court of Appeals has affirmed a district court’s judgment that Walmart pay a court-certified class of its California truck drivers more than $54 million in back pay for layovers, rest breaks and pre-trip and post-trip inspections.