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.
FedEx Celebrates New Baltimore Distribution Center
FedEx has been shipping and sorting packages at its new Sparrows Point center in Baltimore for two months, but celebrated the facility’s opening by having officials cut a ceremonial orange ribbon on Sept. 20
Louisiana Regulators Allow More Truckers to Haul Hazardous Waste
Louisiana regulators Sept. 20 allowed more companies to haul toxic waste in the state, but the Public Service Commission did not go as far as a newly passed state law demands, which will force the courts, ultimately, to decide how to handle hazardous leftovers from industry and the oilfield.
Editorial: King Sisyphus, Driver Manager
A parallel can be drawn between Greek mythology and the predicament trucking managers face in recruiting and retaining drivers.
September 21, 2017Republican Leaders to Unveil Tax Reform Proposals Week of Sept. 25
A key House committee with jurisdiction over tax policy is poised to reveal a plan the week of Sept. 25 aimed at overhauling the U.S. tax code.
Uber Unveils Second Generation Self-Driving Car in Pittsburgh
Uber is taking the co-driver out of its self-driving cars in Pittsburgh as the company rolls out the second generation of its autonomous Volvo SUVs.
'Smart Car' Technology May Make Roads Safer, but Some Fear Data Hacks
Autonomous vehicles are the wave of a rapidly approaching future that is already bringing increasing amounts of “smart” technology to cars and trucks, and could eventually make passengers of everyone in a vehicle.
September 21, 2017FedEx Quarterly Profits Decline on TNT Cyberattack, Hurricane Harvey
FedEx Corp. remained profitable during the three months ended Aug. 31, but at a lower level than a year ago as the Memphis, Tenn.-based carrier had to overcome challenges from a malware attack in Europe as well as Hurricane Harvey in southeast Texas.
Intermodal Outlook Positive for 2018
LONG BEACH, Calif. — Intermodal transportation has rebounded this year after receding in 2016, and analysts forecast that next year also will be strong for the industry.
FMCSA Surveys States on Severity of CDL Testing Delays
The Federal Motor Carrier Safety Administration earlier this month sent a survey to states asking for detailed information on the extent of delays in commercial driver license skills testing after industry stakeholders complaints that the delays are contributing to a driver shortage and slowing employment start dates for new drivers.
AAA Study: Onboard Safety Systems Could Prevent 63,000 Large Truck Crashes
Equipping large trucks with advanced safety technologies has the potential to prevent up to 63,000 truck-related crashes each year, according to new research from the AAA Foundation for Traffic Safety.