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.
Summer Driving Gets More Costly as East Coast Refinery Burns
Gasoline futures jumped the most in more than three months after an explosion and fire at the Philadelphia Energy Solutions oil refinery, the largest on the U.S. East Coast and a key supplier to the New York gasoline market.
June 21, 2019Crane Worldwide Logistics Opens Office in Guyana
Houston-based Crane Worldwide Logistics has opened an office in Georgetown, Guyana, expecting to cash in on a boon in offshore oil and gas production by the small country situated next to Venezuela along the northern edge of South America.
June 21, 2019Virginia Crowns Two Grand Champions After Scoring Error
FedEx Freight driver Chuck Bird earned co-Grand Champions honors along with Mike Barnes of Walmart Transportation at the 68th annual Virginia Truck Driving Championships June 14-15.
June 21, 2019TravelCenters of America Updates TruckSmart App
TravelCenters of America launched a new round of updates to its TruckSmart app.
June 21, 2019Electriphi App Addresses Fleets' Transition to Electric Vehicles
Electriphi Inc., an electric vehicle fleet and energy management company, launched its Fleet Electrification Planning Tool, a web-based application that lets fleet managers break down factors affecting operations, fueling and infrastructure for light-, medium- and heavy-duty electric fleets.
June 21, 2019Walker Joins United Road Services as COO
United Road Services announced the appointment of Jason Walker as chief operating officer, filling a job left open when Mark Anderson was promoted to president and CEO in January.
June 21, 2019Factory Index Falls to Nine-Year Low
A gauge of U.S. factories fell in June to the lowest since late 2009 and hovered just above the threshold between expansion and contraction, the latest signal that the American industrial sector is losing momentum amid rising uncertainty.
VTNA Pursues Intuitive AI to Improve Safety
Volvo Trucks North America announced it has demonstrated how leveraging “human intuition artificial intelligence” — that reads the intention and awareness of vulnerable road users such as pedestrians, cyclists and motorists — can enhance the situational awareness of truck drivers.
June 21, 20192019 Kansas Truck Driving Championships
Scenes from the Kansas Truck Driving Championships at Kansas Expocentre in Topeka on June 14-15.
June 21, 2019Car-Parts Plant for Ford, Tesla Resuming Work After Brief Strike
Workers at a major auto parts plant in Michigan are poised to return to work after a brief strike June 21, alleviating the threat of a supply disruption for carmakers Ford Motor Co., Tesla Inc. and Fiat Chrysler Automobiles NV.