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.
Female Driver Panel Discusses Inclusivity, Safety
DALLAS — From well-kept facilities to properly tailored outfits, there are several ways for trucking and logistics groups to make the industry a safer and more welcoming place for female drivers, according to a panel of professional drivers.
Roadrunner to Downsize Dry Van Truckload Segment, Laying Off 450
Roadrunner Transportation Systems Inc. on Sept. 30 announced that it would lay off 450 employees and downsize its dry van business, a truckload segment the company said had become unprofitable.
Diesel Falls 1.5¢ to $3.066 a Gallon; Oil Slides to $54.27
The U.S. average retail price of diesel slipped 1.5 cents to $3.066 a gallon, the Department of Energy reported Sept. 30.
Wabco to Supply Altec with Safety Systems for Medium-Duty Trucks
Wabco Holdings Inc. announced it will provide its advanced emergency braking system to Altec Inc. for use on medium-duty trucks Altec equips for the electric utility, telecommunications, tree care, lights and signs, and contractor markets.
September 30, 2019Port of Baltimore Sets Record for TEUs in a Month
The Port of Baltimore continues to reach milestones, this time setting a monthly record in July when the facility handled 98,529 20-foot-equivalent containers.
FMCSA: Decision on Adoption of New Item Response Theory Model a Year Away
Federal Motor Carrier Safety Administration officials will not make a decision until September 2020 whether to adopt a new, complex statistical model known as the Item Response Theory to better evaluate the safety of motor carriers, according to a new audit released by the U.S. Department of Transportation Inspector General.
DHL Express Announces 2020 Rates
DHL Express is the latest company to announce it is raising rates effective Jan. 1.
September 30, 2019AASHTO Conference to Feature Transportation Secretary Elaine Chao
Transportation Secretary Elaine Chao will be among the headline speakers at the annual conference of the American Association of State Highway and Transportation Officials.
Ford to Begin Autonomous Vehicle Testing in Texas
Ford Motor Co. will begin testing self-driving cars in Austin, Texas. The automaker said Sept. 25 it will begin testing there in November, when hybrid Ford Fusions equipped with hardware and software developed by self-driving partner Argo AI will hit Austin roads.
TTSI Replaces Trucks With Near-Zero-Emission Models
Total Transportation Services Inc., a Southern California drayage company, will replace its entire diesel trucking fleet with near-zero emission natural-gas trucks.