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.
Mack Trucks Reaches Tentative Agreement With UAW
Mack Trucks and the United Auto Workers Union have announced they’ve come to a tentative agreement, which now avoids any potential strike among thousands of workers at the Lower Macungie, Pa., plant.
Big Automakers: Future Fuel Economy Rules Unfairly Target Us
General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.
Diesel Price Nudges Up 0.7¢ a Gallon to $4.593
The national average diesel price nudged up seven-tenths of a cent to reach $4.593 a gallon, according to Energy Information Administration data released Oct. 2.
October 2, 2023CDL Classes Planned as Part of Maui Recovery
The Council for Native Hawaiian Advancement is planning to launch classes for a commercial driver license to help Maui wildfire victims rebuild their lives.
Government Sues Union Pacific Over Using Flawed Vision Test
The U.S. government has joined some former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were colorblind.
Trucker Path Launches Single-Trip Spot Insurance
Trucker Path is now providing all-risk spot cargo insurance coverage as single-trip policies and per-load pricing, the trucking technology company announced Sept. 27.
3PL Warehouse Services Buys Sky Transportation
Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.
Crowley Names Dennis White to Lead Brokerage Operations
Crowley has selected Dennis White as its newest vice president of brokerage services, the maritime and logistics company announced Oct. 2.
Factory Gauge Contracts at Slowest Pace in Nearly a Year
A measure of U.S. factory activity contracted in September by the least in nearly a year, offering hope that the worst may be over for the nation’s producers.
Randall Reflects on Mack MD’s Market Entry
ELKHART LAKE, Wis. — Mack Trucks North America overcame years of upheaval after its reentry into the medium-duty market mere weeks before the coronavirus pandemic, company President Jonathan Randall reflected.