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.
Fort Hills Mine Signals Path for Oil-Sands Revival in Alberta
A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments.
Tesla Bull Analyst Says Stock ‘No Longer Investable’
Nomura Instinet analyst Romit Shah downgraded Tesla to neutral from buy in a note titled “No Longer Investable.” The note to clients starts by pointing out that previously he’s been one of the biggest bulls on the Street since initiating coverage last October.
Southern Glazer’s Celebrates Drivers With Festivities, Prizes
Drivers for Southern Glazer’s Wine & Spirits will be treated to a slew of festivities and prizes this week.
California Aims to Drop Fossil Fuels for Electricity by 2045
SACRAMENTO, Calif. — California has set a goal of phasing out electricity produced by fossil fuels by 2045 under legislation signed Sept. 10 by Gov. Jerry Brown.
Bendix Notes Importance of Drivers
Bendix has taken National Truck Driver Appreciation Week as a reminder that even as technologies evolve, drivers continue to be crucial.
DCLI to Distribute Food, Snacks to Drivers
Direct ChassisLink Inc. has planned a variety of activities at its field offices throughout this week, including distributing meals, snacks and thank-you gifts.
Americans Haven’t Felt This Good About Income Growth Since 2001
Economists say the country is close to full employment, but pay gains for American workers have been flat since 2015. Even last week’s upward blip in wage growth could be wiped out by inflation. Yet Americans haven’t been this optimistic about future pay raises since the century began, according to the Conference Board’s monthly surveys.
TMAF Kicks Off Campaign to Thank Drivers, Educate Public
Trucking Moves America Forward has launched an advertising and digital campaign to thank professional drivers and educate the public about their importance.
Diesel Inches Up 0.6¢ to $3.258 a Gallon
The U.S. average retail price of diesel inched up 0.6 cent to $3.258 a gallon, while crude oil prices fell amid questions over supplies in light of looming sanctions against Iran.
Survey: Driver Compensation Is Up, but Tell Us: Is It Making a Difference?
After many years of stagnant pay, truck driver compensation is rising substantially. But is it making a difference in your life or your business? We want to hear from you.