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.
Perspective: Trucking’s Telematics Systems Are Only as Good as the Losses They Prevent
Rising insurance premiums are a perennial stress for many motor carriers, many of which are now installing telematics systems with the latest safety technologies to mitigate cost increases.
September 16, 2019Companies, Organizations Honored National Truck Driver Appreciation Week
A photographic roundup of the ways in which American Trucking Associations and others thanked truckers during National Truck Driver Appreciation Week.
September 16, 2019Insurers Eye Safety Technologies
As the trucking industry grapples with a litigious environment and many motor carriers struggle to manage ever-rising insurance premiums, safety technologies have captured the attention of the insurance industry.
Shippers Sue Oregon Port Over Fee
An association representing oceangoing ships is suing the Port of Astoria in Oregon over its $300 fee for pier maintenance.
Nestle to Close Illinois Distribution Facility
Nestle is closing a frozen food distribution facility in the Chicago suburb of Glendale Heights, Ill., and laying off 121 workers beginning in October.
How ATA Celebrated National Truck Driver Appreciation Week
American Trucking Associations celebrated National Truck Driver Appreciation Week, which ran Sept. 8-14 and honors the trucking industry’s 3.5 million professional truck drivers, with a week of activities.
September 16, 2019‘Safety First’ Is Crucial For Trucking, Insurance
Rising insurance costs for many motor carriers, a focus on safety technologies and regulatory changes on the horizon makes this the ideal time for Transport Topics to publish its first Trucking and Insurance Special Report.
Volkswagen to Pay Up to $87 Million in Australia for Scandal
CANBERRA, Australia — Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Sept. 16.
Auto Workers Strike Against GM in Contract Dispute
DETROIT — More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Sept. 16 as contract talks with the company deteriorated into a strike.
Energy Prices Spike After Saudi Oil Attack
DUBAI, United Arab Emirates — Global energy prices spiked Sept. 16 after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was “locked and loaded” to respond.