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.
Daimler, Bosch to Launch Self-Driving Car Service in Silicon Valley
As self-driving vehicle experiments are launched in a few cities around the United States, Mercedes-Benz maker Daimler AG and a prominent auto supplier are launching a new one in the place that would seem most receptive: Silicon Valley.
Soaring Cost of Trucking Threatens to Stoke US Inflation
The tightest trucking market in years is testing the limits of an otherwise well-conditioned U.S. economic expansion. It also is tinder for accelerating inflation should the capacity constraints spark moves by companies to pass on those higher delivery costs.
Montgomery Transport, Paschall Truck Fine-Tune Driver Compensation
Two more trucking firms announced revisions to their driver compensation packages as part of their efforts to recruit and retain qualified drivers.
July 11, 2018Keeping Others Safe is the Only Victory Oregon’s Outen Needs
Distracted drivers were responsible for the deaths of 3,450 people on U.S. highways in 2016, according the the National Highway Traffic Safety Administration. Distracted driving is an issue that hits close to home for Chris Outen of FedEx Freight.
Oil Rises as Shrinking US Stockpiles Add to Global Tightness
Crude rose to a one-week high July 10 on concern shrinking U.S. crude stockpiles will exacerbate wide-ranging global supply disruptions.
ATA, Carriers Sue Rhode Island DOT Over Truck-Only Tolls
American Trucking Associations and three carriers are asking a court to rule that Rhode Island’s truck-only tolling program is unconstitutional, according to a lawsuit they filed against the state’s Department of Transportation on July 10.
Brett Kavanaugh Could Usher in New Business-Friendly Era on High Court
Brett Kavanaugh could add a powerful new voice on the Supreme Court to restrain what government agencies can do, ushering in a new era of tougher scrutiny of federal regulations loathed by businesses.
July 10, 2018Fleet Advantage Survey Reveals Disconnect Between Managers, Accountants
Many fleet managers believe they are on a different wavelength from their company’s finance department on cost management, and that can lead to communication difficulties, according to a survey of trucking industry professionals from Fleet Advantage.
July 10, 2018LGBTQ Drivers Share Experiences at Uber Freight Event
SAN FRANCISCO — Several drivers who identify as LGBTQ said they have found good careers within the trucking industry and shared their experiences during a panel discussion hosted by Uber Freight on June 21.
Shippers Score With Safe Delivery of MLB Umpires' Gear
Two companies, DHL Same Day of Sterling, Va., and Crane Cartage Freight Services of Houston, are responsible for making sure that Major League Baseball umpires’ equipment trunks are delivered to the next ballpark, no matter when the last game ended, and when the next one starts.