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.
FMCSA Drops Exemption Process for Insulin-Treated Diabetic Drivers
The Federal Motor Carrier Safety Administration has issued a final rule that will allow certificated medical examiners to decide whether truck drivers with stable diabetes are qualified to drive, eliminating a requirement that the drivers seek an exemption from the agency before being allowed to get behind the wheel.
New Mercedes-Benz Actros Showcases Daimler’s Next-Gen Safety Technologies
HANOVER, Germany — Touting technology that is as “easy to use as a smartphone,” Daimler AG on Sept. 18 showcased safety systems on the next generation of its global highway tractor that it said points the way forward for connectivity in the commercial sector.
Strong Growth Expected in EV Charging Stations
Electric vehicle charging continues to surge, a move that will only hasten the adoption of electric cars and other vehicles such as commercial trucks. ChargePoint, which manages a network of EV charging locations worldwide, has pledged to build out 2½ million public charging ports by 2025, with roughly half of those in North America and half in Europe.
Wheeler Trucking to Add 70 Jobs After Securing GM Contract
SPRINGFIELD, Ohio — A trucking firm with a growing presence in Springfield is planning to add close to 70 new jobs after securing a contract with GM as the sole firm to haul new medium-duty trucks being produced at Navistar’s Springfield facility.
Maersk Container Vessel First to Take Arctic Shortcut
COPENHAGEN — A shipping vessel operated by the world’s largest container shipping company, Maersk, has for the first time managed to sail through Arctic waters off northern Russia, Danish public broadcaster DR reported Sept. 17.
September 18, 2018Two California Ports Get Millions to Reduce Air Pollution
The California Air Resources Board is awarding two grants topping $90 million to the nation’s two busiest ports — Port of Los Angeles and Port of Long Beach, respectively — to develop a Zero Emission and Near Zero-Emission Freight Facilities project.
China Looks Unlikely to Give In After US Tariff Hike
BEIJING — China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.
FedEx Profits Soar, Revenue Rises in Fiscal First Quarter
FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.
Diesel, Gas Prices Creep Upward
The nationwide average price of diesel fuel increased by one penny to $3.268 a gallon, the Department of Energy reported Sept. 17.
Capitol Agenda for the Week of Sept. 17: ‘Iggy,’ the Doctor of Truckology, Fondly Remembered
Chris Ignowski left a lasting impression at FedEx and the National Truck Driving Championships as a safety proponent whose knowledge of the industry's rules and regulations was unmatched.