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.
More Shipping Through the Mississippi: The Push for Inland Port Development
Development and projected growth of inland ports, particularly in the Midwest, is increasingly critical to the nation’s supply chain.
Consumer Comfort Gains on Better Personal Financial Outlook
A weekly measure of Americans’ sentiment reached the second-highest level since 2000, adding to indications consumers remain generally upbeat even as respondents said in a monthly poll that they were somewhat less upbeat about their expectations for the economy.
Waymo to Study Driverless Services With Renault-Nissan Alliance
Waymo agreed to explore driverless services with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., pairing a leader in self-driving technology with the world’s largest automotive alliance.
2019 California Truck Driving Championships
Photos from the California Truck Driving Championships in West Sacramento on May 19. (California Trucking Association)
June 20, 2019Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
Drop in Jobless Claims Latest Sign of Strong Labor Market
Filings for U.S. unemployment benefits declined the most in five weeks in another sign the jobs market remains strong, underscoring the outlook of Federal Reserve officials.
5 Telematics Reports Every Fleet Needs
In the age of ELDs, fleets are now able to collect huge volumes of data on fleet operations. But most aren’t effectively analyzing and leveraging that data to improve safety and efficiency. In this session, fleet management veteran Adam Bruttell, Vice President at MiX Telematics North America, will review the 5 Telematics Reports Every Fleet Needs, and describe how fleets can improve their ability to collect and analyze ELD data to drive ongoing operational improvements.
June 20, 2019Rising Class 8 Sales in May Signal Demand Alive and Well
U.S. retail sales of heavy-duty trucks kept up momentum in May, pushing into the 20,000-plus territory for the 10th time over the past year, WardsAutomotive.com reported.
FedEx May See Lackluster Results Lingering Into Next Year
FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.
Lazer Spot Makes First Acquisition, Buys Assets of Mesko Spotting Service
Lazer Spot Inc. moved to expand its distribution center yard management services by purchasing assets of Mesko Spotting Service Inc., a rival company based in Allentown, Pa., for an undisclosed amount.