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.
ATA’s Bob Costello Says Driver Shortage Will Press Fleets
NASHVILLE, Tenn. — The freight market is booming, but carriers — and the trucking industry as a whole — will suffer unless companies can find enough drivers, according to American Trucking Associations Chief Economist Bob Costello.
Poll Shows Split on Fuel-Tax Increase for Infrastructure as Conservatives Push Back
A recent Quinnipiac University poll found people are near evenly split on the subject of raising fuel taxes to fund infrastructure projects, with a slight majority supporting the idea.
2018 MATS
Complete coverage of the 2018 Mid-America Trucking Show from the Kentucky Exposition Center in Louisville, Ky., March 21-24.
February 22, 2018Omnitracs Hires Ray Greer as New CEO
Trucking technology supplier Omnitracs has hired industry veteran Ray Greer as its new CEO.
Washington, D.C., Dips Its Toe Into Self-Driving Cars
Washington, D.C., is preparing for a future with self-driving cars by inviting companies to test their autonomous vehicle technology in the District.
Maersk Would Be Ready to Move Closer to Junk ‘For Right Reason’
A.P. Moller-Maersk A/S renewed a pledge to creditors to protect its investment-grade rating. But the man in charge of the shipping giant’s finances says there’s room to move a little closer to junk.
February 22, 2018Uber CEO Touts ‘Great’ Talks With Toyota CEO on Autonomous Cars
The world’s largest car maker and biggest ride-hailing company plan to team up on autonomous driving as technological changes sweep through the transportation industry.
Thefts Down but Crooks Turning to LTLs
Cargo thefts in the United States dropped 15% last year to 649 incidents while the average value per theft stayed virtually unchanged at about $146,000, according to the SensiGuard Supply Chain Intelligence Center’s Cargo Theft Annual Report.
Jobless Claims at Five-Week Low Amid Tight Labor Market
U.S. filings for unemployment benefits fell to a five-week low, suggesting tightening in a labor market already operating near full capacity, Labor Department figures showed Feb. 22.
Mega Trends in Trucking Technology
Take a deep dive into three topics that can help fleets gain greater visibility into their trucking operations: Blockchain, predictive analytics and remote diagnostics.
February 21, 2018