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.
FRA Chief Ronald Batory: PTC Installment Is on Nearly 90% of Required Miles
The implementation of automatic braking systems on the country’s railroads was operational on nearly 90% of route miles required by law, Federal Railroad Administrator Ron Batory told a Senate panel July 31. The status of the implementation marked a 4% increase since the year’s first quarter.
FBI: Amazon Drivers Part of Major Theft Ring
SEATTLE — A theft ring in Washington state sold millions of dollars’ worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show.
EPA IG Finds Study Critical of Glider Emissions Was Properly Conducted
A U.S. Environmental Protection Agency’s Inspector General audit has given a 2017 agency study critical of glider truck emissions a clean bill of health.
EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers
EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.
Trump Ratchets Up China Trade War With New Tariffs
President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties after setbacks in negotiations with Beijing.
August 1, 2019Truckers With Their Furry Friends
Lots of trucking companies allow their drivers to take a pet on the road with them. Here are some photos with truckers and their dogs to brighten your day.
August 1, 2019Brace Yourself: The Drug & Alcohol Clearinghouse Brings New Challenges to Recruiting Drivers
A fundamental shift in how carriers recruit and qualify drivers will occur on January 6, 2020. Safety will improve as drug and/or alcohol violations will be easier to identify, and as drivers who are ineligible to operate commercial motor vehicles are promptly removed from their driving responsibilities as a result. However, this improvement will come with a cost as carriers adapt to new rules.
August 1, 2019ATA Trends Report Reveals Industry’s Revenue, Trade Highlights
The trucking industry’s total revenue and cross-border operations experienced significant increases last year, according to the recently released American Trucking Trends report by American Trucking Associations.
California Trucking School Owner Pleads Guilty to $4.3 Million Scam
The owner of a California trucking school has pleaded guilty to swindling the U.S. Department of Veterans Affairs out of more than $4 million in tuition and other payments after falsely certifying that hundreds of veterans had attended classes they never took, the U.S. Attorney’s Office for the Central District of California announced July 29.
Schneider Income Down as It Shutters Its First to Final Mile Service
Schneider National Inc. reported lower net income and revenue for its second quarter, as it announced the closure of its First to Final Mile service after disappointing performance.