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.
Ford Looks to Cash In on Off-Roader Appetite for Fatter Tires
Ford Motor Co. is going after a greater cut of a lucrative business: those willing to pay big bucks for pricey pickup accessories such as big, off-road tires and kits to jack up their trucks.
FMCSA Proposes Rule to Add Flexibility to CDL Skills Testing
The Federal Motor Carrier Safety Administration has proposed a rule that would increase flexibility for the skills test process for those seeking a commercial driver license.
First-Quarter Consumer Spending Revised Down to 0.9% Gain
U.S. consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment was revised higher, leaving the pace of economic growth at a still-solid 3.1%.
PepsiCo to Switch From Plastic to Cans for Aquafina Water
PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.
Autonomous Transportation Technologies Touted by Senators
WASHINGTON — Trucks and cars equipped with automated features have the potential to enhance safety along the country’s freight and commuter corridors, facilitate the movement of freight and provide access to mobility for disabled individuals, members of the Senate Commerce Committee said recently.
ATA Technology & Maintenance Council Conference Outlines Innovations in Cybersecurity Strategies
Experts advised trucking companies on how to deal with malware attacks at a cybersecurity conference at American Trucking Associations’ D.C.-area headquarters June 26.
Jobless Claims Increase to Highest Level in Seven Weeks
Filings for U.S. unemployment benefits increased by more than expected to a seven-week high, a possible sign of strains in the labor market that could factor into the Federal Reserve’s debate over whether to cut interest rates next month.
June 27, 2019Ford to Cut 20% of European Workforce in Sweeping Overhaul
Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability.
PGT Trucking Expands Operations, Expects to Create Jobs
Pennsylvania-based flatbed transportation company PGT Trucking will expand operations, creating 25 jobs in the process.
Pittsburgh Tech Firm Argo AI, Carnegie Mellon Team on Autonomous Research Center
Carnegie Mellon University is teaming with a Pittsburgh self-driving vehicle company to create a research center geared toward handling challenging road conditions, including changing weather patterns and construction zones.