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.
Convoy Opens Up Access to Automated Network
Digital freight broker Convoy on Sept. 16 launched Convoy Now, a program that gives shippers and other logistics companies access to Convoy’s automated, real-time pricing and capacity for both live and drop-and-hook loads.
IMC Launches Pacific Drayage Services for Seattle, Tacoma Markets
IMC Cos., a Memphis, Tenn.-based intermodal logistics company, announced it launched Pacific Drayage Services to provide drayage and warehousing services to customers in the Seattle and Tacoma markets of Washington.
September 13, 2019Porsche, Tesla Compete on Electric Vehicle Speed
First there was derision. Then mockery turned into admiration. Now a battle is unfolding between the most revered names in the automobile world, Porsche and Tesla Inc., on one of the world’s most challenging racetracks.
September 13, 2019PGT Trucking Makes Changes to Leadership Roles
PGT Trucking Inc. announced changes to executive leadership in a Sept. 12 news release.
September 13, 2019Railroads’ PTC Implementation Progressing, FRA Announces
Rail operators’ implementation of automatic braking technology continues to show progress, federal regulators announced this week.
Michigan House Bills Could Prompt Local Fuel Taxes
Gas prices could look a little different across county lines under legislation proposed in the Michigan House this week.
White House Plans Biofuel Quota Boost to Offset Refinery Waivers
President Donald Trump has tentatively agreed to a plan for bolstering ethanol and biodiesel, amid pressure from Midwest U.S. senators who warned the president that without action, he risks votes in next year’s election.
September 13, 2019New Volvo Engine Offers Fuel Economy, Efficiency Gains
DUBLIN, Va. — The next generation of the 13-liter turbo compound engine from Volvo Trucks North America offers improved fuel economy over the current model, the company announced.
Trump Administration Poised to Pull California’s Clean-Car Power
The Trump administration has decided to advance a plan to strip California of its power to regulate greenhouse gas emissions from automobiles on its own.
UPS to Pay $8.4 Million to Settle Claim of Overcharging Government
WASHINGTON — The Justice Department says United Parcel Service Inc. must pay $8.4 million to settle allegations that the company was overcharging the federal government for package deliveries.
September 13, 2019