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.
Drug Clearinghouse Creates Advantages, Challenges for Industry
Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.
VTNA Opens Order Book for Redesigned VNL Class 8 Flagship
Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.
Tech Vendors Introduce Latest Offerings for 3PLs at TIA
PHOENIX — From business process automation to fraud prevention, industry tech developers rolled out new software features and service offerings for 3PL providers at TIA's conference.
Truckstop Launches Carrier Vetting Services for Brokers
Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.
Mode Global, Transporeon Automate Spot Freight Procurement
PHOENIX — Mode Global has been collaborating with TMS platform Transporeon to automate spot and dedicated freight procurement, the companies said in a joint announcement.
Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus
Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.
New Intangles Service Helps Truckers Find Mechanic Shops
Intangles launched a new product designed to help truck drivers find a mechanic while on the road before vehicle issues occur, the predictive maintenance company announced April 11.
Amazon Becomes the Largest US Private EV Charging Operator
Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.
Tesla to Cut Over 10% of Workforce in Global Retrenchment
Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.
US to Provide $6.4 Billion to Samsung to Make Computer Chips
WASHINGTON — The Biden administration will provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.