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.
Perspective: To Compete, Shippers Must Invest in Smart Technologies
To compete in the package delivery business, shippers must provide the best customer experience possible by investing in smart technologies and selecting the right delivery model, says Trevor Outman of Shipware.
Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output
Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.
Chevron Megadeal Highlights Revival of American Energy
For all the ink spilled over climate change and the global energy transition, the world’s biggest energy companies are focusing on where it all began: American oil.
Farmers Fear China Trade Deal Will Fail to Erase Retaliatory Tariffs
Some U.S. farm groups fear that President Donald Trump’s terms for easing his trade war with China risk leaving large swaths of American agriculture worse off than before the conflict began.
Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal
The United States is open to facing “repercussions” if it doesn’t live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.
March Medium-Duty Sales Highlight Stable Market
U.S. sales of medium-duty trucks in March held steady, settling above 21,000, WardsAuto.com reported.
Drivers Feel Safer in Hotel Rooms, Fleets Say
Carriers that provide paid lodging for drivers say sleeping in hotel rooms not only improves their quality of rest, but also provides them with a greater sense of security.
April 15, 2019Some Fleets Embrace Paid Lodging for Drivers as Alternative to Sleeper Cabs
Some companies are embracing daycabs and hotel stays for drivers, rather than sleeper cabs. Benefits include safety and better sleep.
Averitt Express Expands in Texas
Averitt Express announced the opening of a service center near Austin, Texas, that has 10 times the square footage compared with its previous site.
April 12, 2019Mack Makes Battery Refresher Standard
Mack Trucks announced it is making a battery refresher standard on all Mack models to maximize uptime and significantly extend the life of electrical charging-system components.
April 12, 2019