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.
Amazon Rival Draws Battle Lines With Bronx Warehouse
FreshDirect has figured out an important trick: how to make money delivering groceries.
Inspired by Dad, Tennessee Grand Champion Phil Shelton Has Plenty Left in the Tank
For Tennessee grand champion Phil Shelton, trucking runs in his blood. Shelton, of Walmart Transportation, finished first in the tank truck class and won the grand champion title at Tennessee’s trucking championships April 27-28, earning his third trip to nationals.
CDL Training Gives C.R. England Executives Insight From Behind the Wheel
More than three dozen managers and front-office employees at C.R. England Inc. have taken classes to earn a commercial driver license at the request of CEO Chad England, who said he believes the experience of learning to drive big rigs will help the company be more responsive to the needs of drivers.
Environmental Groups Ask Court to End EPA Delay of Glider Truck Rule
Environmental groups asked a federal court July 17 to stop the EPA from giving new trucks with rebuilt engines a break from meeting air pollution standards.
Lineage Raises $700 Million From Stake Sale to Stonepeak, D1
Lineage Logistics, which calls itself the fastest-growing provider of temperature-controlled services such as transportation and storage, sold a minority stake worth $700 million, according to its CEO and co-founder.
UPS Begins Smart-Access Delivery in New York City
Your packages are here, and you’re not. It’s all right — they’ll just let themselves in.
Spot Truckload Rates Continue to Soar Amid Record Demand
Capacity shortfalls combined with increased demand for truckload shipments are continuing to boost spot rates to record levels, according to DAT Solutions, which also said in what is an atypical trend, spot rates now are exceeding long-term contract rates.
Waste Management Seeks HOS Exemption From FMCSA
Waste Management Holdings Inc. has submitted a request to the Federal Motor Carrier Safety Administration asking for a five-year exemption from certain hours-of-service rules.
Canadian Trucking Alliance Unveils 10-Point Plan to Improve Compliance, Safety
The Canadian Trucking Alliance has created a 10-point action plan that presents ways in which CTA and provincial trucking associations aim to work with Transport Canada and local government agencies on strengthening compliance with issues such as hours of service and distracted driving.
Diesel Flat at $3.239 Per Gallon
The U.S. average retail price of diesel fuel was virtually flat last week, falling 0.4 cent to $3.239 a gallon, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
July 16, 2018