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.
Cargo Ships May Switch to Diesel Fuel by 2020
A move to curtail emissions produced by cargo ships and cruise liners could in a few years put new pressure on prices and supplies of diesel fuel.
Uber’s Self-Driving Software Reportedly Decided Not to React Before Fatal Collision
Uber believes its self-driving software that chooses how to react when it detects objects in the roadway is the cause behind a fatal collision between one of its vehicles and a pedestrian.
Trucks Converge in Lancaster, Pa., for Mother’s Day Make-A-Wish Convoy
More than 530 truck drivers and their tractor-trailer rigs converged on Lancaster, Pa., on May 13 for the 29th Annual Mother’s Day Truck Convoy to raise money for Make-A-Wish Philadelphia, Delaware & Susquehanna Valley.
Project Neon? There’s an App for That
With a smartphone, everyone from freight executives to daily commuters to tourists can learn about road closures related to the construction progress of Project Neon, the state of Nevada’s largest public works project at nearly $1 billion.
US Job Openings at Record, Almost Matching Unemployed Workers
U.S. job openings surged to a record in March, putting vacancies at about par with the number of unemployed workers, Labor Department data showed May 8.
Expeditors Reports Higher Profits, Strong Revenue Growth in First Quarter
Expeditors International of Washington reported a big jump in profits in the first quarter of 2018 as demand for ocean and airfreight forwarding services grew in response to a booming global economy.
Roush Gets Electric With Ford F-650
LONG BEACH, Calif. — Roush CleanTech unveiled its all-electric technology in a Ford F-650, marking an expansion of its alternative-fuel market beyond propane autogas and compressed natural gas.
May 8, 2018Inland Parts Expands in South Dakota
Inland Truck Parts & Service announced the acquisition of Logan’s Truck & Auto, a Rapid City, S.D.-based business that performs heavy- and light-duty truck service.
May 8, 2018Quest Analysis: Drug Use Among Workers Holds at High Rate
Driven by increases in cocaine, methamphetamine and marijuana, drug use in 2017 by the general U.S. workforce held steady at its highest rate in more than a decade, according to an analysis by drug test lab Quest Diagnostics.
April Class 8 Orders Miss Historic Mark
Class 8 orders in April cleared 34,000, while the swollen backlog from months of strong demand kept them from going even higher, according to ACT Research Co., and others pointed to a parts supply chain under strain.