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.
Amazon’s New India Campus Is Its Largest
Amazon.com on Aug. 21 opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the world’s fastest-growing retail markets.
Perspective: Improving the Drug and Alcohol Clearinghouse
There are three improvements FMCSA should make to maximize the effectiveness of the Drug and Alcohol Clearinghouse, says Jeremy Reymer of DriverReach.
With New Funding, Startup PlusAI Set to Unveil Level 2 Driverless Vehicles
Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll its development in autonomous trucks, according to people familiar with the matter.
Target, Like Walmart, Proves Main Engine of Economy Is Humming
Recession fears may be mounting in certain parts of the U.S. economy, but Walmart Inc. and Target Corp. are signaling that the all-important American consumer is doing just fine.
California Trucking Association to Sell Insurance Through a New, For-Profit Agency
The California Trucking Association has partnered with C3 Risk and Insurance Services to offer insurance products to trucking companies through a new, for-profit insurance agency.
Mid-America States Win AASHTO Honors
Six Midwestern states recently earned awards for outstanding transportation projects from the American Association of State Highway and Transportation Officials.
Waymo to Test Autonomous Vehicles in Rainy Florida
Google autonomous vehicle spinoff Waymo says it will start testing on public roads in Florida to better experience heavy rain.
August 20, 2019San Diego Rolls Out $107.4 Million for Large Vehicle Charging Stations
The California Public Utilities Commission has approved a program that will see San Diego Gas & Electric build 3,000 electric vehicle charging stations for medium- and heavy-duty vehicles including school buses, delivery trucks and forklifts, and SDG&E customers will be the ones to pay for it.
Colorado DOT Unveils Truck Safety Program for Mountainous Driving
The Colorado Department of Transportation has launched a safety program geared toward truckers who traverse mountainous terrain.
Truck Tonnage Surges 7.3% in July
Truck tonnage surged 7.3%, the largest year-over-year gain since April, compared with July 2018, according to American Trucking Associations.