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.
Economist Noel Perry Says Strong Freight Market, Driver Shortage Won’t Last
PALM DESERT, Calif. – The strongest freight market in the past 50 years won’t last much beyond this year, a prominent industry economist said here last week.
TIA Chairman Jason Beardall Wants to Reach Out to Shippers
PALM DESERT, Calif. — Jason Beardall, president of England Logistics, wants his time as TIA chairman to be remembered for several things.
Volvo Group Introduces All-Electric, Heavy-Duty Truck for European Market
Volvo Trucks on April 12 introduced its first all-electric truck for commercial use, with sales and production of its FL Electric model to start in Europe in 2019.
Northeast Truck and Trailer Expands Network
Northeast Truck and Trailer opened a facility in Pearl, Miss., its sixth location.
April 12, 2018VW Board to Consider Truck IPO, Other Sweeping Changes
Volkswagen AG’s supervisory board is meeting April 12 to push through a change in top management and organization, after a rushed statement left more questions open than answered.
Older Trucks at North Jersey Ports Prompt Rep. Payne to Call for Roundtable Talks
A federal representative from New Jersey’s largest city intends to bring together freight stakeholders for a discussion about his push to reduce the number of older trucks in operation at the state’s northeast ports.
Hyperloop Could Provide ‘Resilient Solution’ for Transportation, Expert Says
The high-speed Hyperloop transit system entrepreneur Elon Musk proposes to build on the East Coast has the potential to withstand the impact severe weather may have on older infrastructure.
Nikola Hires BMW Executive Jesse Schneider to Spearhead Fuel-Cell R&D
Nikola Motor Co. has hired Jesse Schneider as vice president of hydrogen and fuel-cell technologies.
April 12, 2018California Trucking School Charged in $4.3 Million VA Fraud
Surely former Pittsburgh Steelers quarterback Terry Bradshaw had no way of knowing that a California truck driver training school he was featuring on his TV “news program” in 2014 was at the same time being investigated for bilking the Veterans Administration out of millions of dollars for students that never even intended to show up for classes.
Walmart Favored Over Amazon to Buy India’s Flipkart
Walmart Inc. looks likely to take the next round in the battle for India’s retail market over rival Amazon.com.