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 Construction Jumps to Highest Level Since 2007
U.S. home construction surged in August to the fastest pace since mid-2007 on more apartment projects and single-family houses, a welcome sign for the housing sector that has struggled to gain momentum.
Perspective: Preparing for Autonomous Repairs
As more and more vehicles with autonomous components enter the transportation landscape, the issue of repair and maintenance for those systems becomes more important for trucking fleets.
New Walmart Credit Card Looks to Boost E-Commerce
In a sign of how much Walmart Inc. is betting on e-commerce, the retailer’s revamped credit-card program with Capital One Financial Corp. offers better rewards for online shopping and checking out with its mobile app.
Truck OEMs Say Connectivity Will Drive Future Enhancements
HOUSTON — The growth of connected-truck technology is not only reducing vehicle downtime, but also paving the way for future services and enhancing product development, according to representatives from four truck manufacturers.
Fleets Using AOBRDs Prepare for ELD Transition as Dec. 16 Deadline Nears
HOUSTON — Fleets have been working closely with their technology suppliers to meet the requirements of the federal electronic logging device mandate before an exemption for older e-log systems expires in less than three months.
FedEx Freight’s Kelby Bentley Captures 2019 TMCSuperTech Top Honors
RALEIGH, N.C. — FedEx Freight technician Kelby Bentley earned the title of 2019 TMCSuperTech Grand Champion during the fall meeting of American Trucking Associations’ Technology & Maintenance Council here.
Truckers Tell FMCSA of Concerns About Coercion, Flexibility at HOS Listening Session
WASHINGTON — Drivers and trucking industry representatives had another chance to voice comments on the Federal Motor Carrier Safety Administration’s proposal to change certain hours-of-service requirements Sept. 17.
FedEx Posts Drop in Q1 Profit, Decreases Forecast for Fiscal 2020
FedEx Corp.’s fiscal 2020 first-quarter earnings were down as a result of a weakening global economy and increased costs as it expands its service into other business lines, including seven-days-a-week home delivery service, the parcel delivery company said.
Senate Committee Advances Fiscal 2020 Transportation Funding Bill
WASHINGTON — An infrastructure grants program managed at the U.S. Department of Transportation would receive $1 billion in the upcoming fiscal year under legislation a Senate panel easily reported to the floor of the chamber Sept. 19.
EPA to Strip California’s Car Emissions Authority
The Trump administration will announce it is rescinding California’s authority to regulate greenhouse gas emissions from automobiles at an event at the EPA’s Washington headquarters Sept. 18, according to people familiar with the matter.