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.
YRC’s Darren Hawkins Questions Tolling’s Viability at House Hearing
WASHINGTON — As policymakers evaluate viable long-term approaches to fund the country’s transportation network, a trucking industry executive warned against relying on tolling.
North American Drone Companies Ready to Buzz
Drone companies are stepping up their plans to make final-mile delivery a regular part of freight movement by 2020.
T. Boone Pickens Dies at Age 91
OKLAHOMA CITY — T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Sept. 11. He was 91.
Fleets Weigh Training, Outsourcing to Handle Time-Consuming Repairs
Increasingly, fleet managers must choose between investing in more technician tools and training or outsourcing the most time-consuming maintenance tasks that involve complex parts.
Uber Braces for Fight Over Big Change to Gig-Economy Work Rules
Uber Technologies Inc. has generated billions of dollars from the labor of its drivers without the expense of treating them as employees. California is poised to disrupt that business model, and the ride-hailing behemoth is gearing up for a legal fight.
Mack Plans Temporary Layoffs at Pennsylvania Plant
With the market shifting into a lower gear, Mack Trucks is planning to adjust production at its Lower Macungie Township, Pa., assembly plant by scheduling two down weeks during the fourth quarter.
White House to Meet With Oil, Biofuel Makers in Bid for Deal
Trump administration officials are set to consult with oil refiners and renewable fuel producers at the White House on Sept. 11, as they struggle to develop a final plan for bolstering corn-based ethanol and soy-based biodiesel.
September 11, 2019TA Adds Location in Utah
TravelCenters of America Inc. plans to add a location in Salina, Utah, through a franchise agreement.
September 11, 2019Schneider Uses AI to Improve Estimated Arrival Times
Schneider has leveraged artificial intelligence to develop a proprietary tracking application programming interface, called ETAi, intended to provide more accurate arrival times to freight customers compared with tracking aggregators.
September 11, 2019Oil Services Should Prepare for Recession, Rystad Warns
The oil services sector will contract in 2020 as producers cut spending in response to lower crude prices, ending three years of growth, according to Rystad Energy.