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.
VW Finance Chief Outlines Road Map for $221 Billion Ambition
Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double its market value and gain investor recognition for the industry’s most ambitious technology push.
Researchers Explore Potential of VMT Model for Commercial Trucks
For years now, policymakers have sought a viable funding alternative to the federal fuel tax. Since raising the gas and diesel taxes continues to be an unpopular approach to funding infrastructure, most vocal members of the U.S. Congress have discussed a vehicle-miles-traveled fee as an alternative. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
Driver Detention Time Creeps Upward
After improving in 2018, it appears as though driver detention time has increased recently, with many shippers falling back into habits that delay trucks at their docks and push up dwell times.
FMCSA Launches Job Listing Site for Military Driver Pilot Program
The Federal Motor Carrier Safety Administration has created a website to help people between the ages of 18 and 20 who possess the U.S. military equivalent of a commercial driver license find trucking jobs.
Mack Shows Limited-Edition Black Anthem
ATLANTA – Mack Trucks has introduced a limited-edition, blacked-out version of its Anthem over-the-road tractor that features a swath of model-specific exterior and interior appointments.
United Road Acquires Truck Hauler Team Drive-Away
Auto hauler United Road acquired Team Drive-Away, a company that specializes in moving new and used Class 8 trucks, United Road said.
Prologis to Buy Liberty Property in $9.7 Billion Stock Deal
Prologis Inc., one of the world’s largest warehouse owners, has agreed to buy Liberty Property Trust in an all-stock transaction valued at $9.7 billion, extending its reach in markets such as Chicago, Houston and Southern California.
Survey: Business Hiring Falls to Seven-Year Low
WASHINGTON — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found.
FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs
FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries.
ZF Announces OEM Launches for Automated Steering, New Transmission
ATLANTA — Component supplier ZF Group announced that its active steering technology and new automatic transmission soon will become available in North America.