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.
Daseke Names New CFO
Addison, Texas-based Daseke Inc. announced on July 2 the appointment of Bharat Mahajan as its new chief financial officer. The company has been looking for a new CFO since Scott Wheeler — who had previously held the job — became Daseke’s president earlier this year.
July 3, 2018Self-Driving Shuttle Bus Test to Begin This Year in Columbus, Ohio
Self-driving shuttle buses will be hauling riders around downtown Columbus later this year, a significant move as the city begins initiatives aimed at making it a “smart city” for transportation.
Several States Phase In Fuel-Tax Increases
Fuel is now more expensive in seven states: Oklahoma, South Carolina, Indiana, Maryland, Tennessee, Vermont and Iowa.
Delaware's Louis Lockard Likes Variety in Competitions but Shows Consistency in Winning
For Delaware Grand Champion Louis Lockard of FedEx Freight, there is nothing better than being behind the wheel of a truck.
Diesel Jumps 2¢ to $3.236 a Gallon
The U.S. average retail price of diesel rose 2 cents to $3.236 a gallon, while the price of a barrel of oil climbed amid a tightening of inventory.
Japanese Government Envisions Cars in the Sky by 2020s
In a bid to achieve the practical use of self-driving flying cars in the 2020s, the government will establish a public-private council possibly within this year to discuss safety issues, technological development and other matters, Japanese newspaper The Yomiuri Shimbun has learned.
July 2, 2018Shortage of Drivers Slows Booming Truck Demand
Demand for new commercial trucks is surging as companies look to replace aging vehicles and freight volumes have jumped in recent months.
Colorado Grand Champion Todd Flippin Is Poised to Take the Next Big Step
Todd Flippin, of FedEx Freight, Colorado’s Grand Champion and Twin Trailers victor, is the trucker-next-door very capable of returning home from the national championships with that big trophy as well.
Even Amazon’s Feeling the Strain From Insatiable Delivery Demand
Amazon.com Inc.’s call for entrepreneurs to help expand its package-delivery network is a cry for help.
Roadrunner Revenues, Losses Rise in 1Q as Turnaround Continues
Roadrunner Transport Systems reported an improvement in operating results for the first quarter, ended March 31, but net losses grew.