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.
Analysis: Recent Merger in China May Herald a Revolution in Hauling Freight
On Nov. 27, China’s two largest apps for delivering Uber-like services for truckers and cargo owners agreed to merge. The resulting $2 billion behemoth is likely to reduce delays, cut down on pollution and improve life for the country’s 30 million truck drivers.
Manufacturing Expands at Healthy Pace on Production Surge
U.S. manufacturing expanded at a robust pace in November amid a burst of production and rising orders that signal durable gains in the industry, figures from the Institute for Supply Management showed Dec. 1.
December 1, 2017Defense to Key Witness in Pilot Flying J Fraud Trial: Isn’t Cheating ‘Dumb’ Business Move?
CHATTANOOGA, Tenn. — In a bid to discredit a key government witness in the ongoing Pilot Flying J fraud trial, a defense attorney on Nov. 30 offered up a question about any scheme to defraud customers.
Warehouses Are Getting Bigger, Taller, Faster
Those boxes piling up on your doorstep over the holidays don’t ship from Santa’s workshop. As Americans spend more money shopping online, real estate developers are sinking record amounts of money into new warehouse space, building bigger, taller structures to meet the needs of e-commerce — and the robots that help it along.
Toyota Plans Hydrogen Fuel Cell Plant at Long Beach
Stakeholders Respond to DOT Request for Comment on Rules, Regulations
From burdensome and outdated record-keeping to hazardous materials handling to an electronic logging device mandate soon to go into effect, truckers and an array of transportation-related trade associations have handed federal regulators a list for tweaking or eliminating dozens of rules and regulations.
Editorial: Help Wanted
Recruiting good commercial drivers can often feel like an uphill battle for many trucking companies, and the hill could get even steeper in the year ahead.
November 30, 2017TravelCenters of America Announces Executive Changes
TravelCenters of America announced President and CEO Thomas O’Brien will retire and has resigned effective Dec. 31.
November 30, 2017Tank-Truck Carrier Patriot Transportation Suffers Steep Decline in Profits
Tank-truck carrier Patriot Transportation Holding reported a sizeable decline in profits in its fiscal fourth quarter directly tied to hurricanes Harvey and Irma and the lose of a key customer.
Used Truck Sales Climb in October
Sales of used heavy-duty trucks in October climbed 37% from a year ago as some outlets showed signs of rebounding to post higher volumes and the average price rose slightly, ACT Research Co. reported.