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.
Shippers Seek Better Supply Chain Visibility; Real-Time Truck Monitoring Key Component
AUSTIN, Texas — Improving real-time supply chain visibility remains a top priority in shipper surveys, several executives said during a meeting here at the Transplace Shipper Symposium.
Mexican Factory Operators Remain Optimistic, See Opportunity for Improvements to NAFTA
AUSTIN, Texas — Manufacturers in Mexico aren’t as concerned about President Donald Trump’s recent threats to dump or renegotiate the North American Free Trade Agreement as some recent public reports have suggested, according to executives speaking at a Transplace Symposium here.
Nikola Updates Customers on Pricing, Chassis Changes
Nikola Motor Co. is considering several changes related to its planned hydrogen-electric Class 8 trucks, the company told those who have made reservations and placed refundable deposits. Those changes include chassis design and leasing options.
Flexi-Van, DCLI Launch ‘Pool of Pools’ at N.Y.-N.J. Port; Trac Not Involved
Chassis providers Flexi-Van Leasing and Direct ChassisLink Inc. will launch a “pool of pools” beginning June 1, offering trucking companies shared chassis at the Port of New York and New Jersey. But the largest chassis provider in the Northeast, Trac Intermodal, won’t contribute equipment to the pool.
Largest Containership to Call East Coast Via Panama Canal Generates Excitement
The Cosco Development arrived to fanfare on the East Coast last week as public officials celebrated the largest containership in history to cross the Panama Canal with destinations to Virginia, Georgia and South Carolina.
OEM Suppliers’ 1Q Results Mixed Amid Weak Demand
First-quarter results varied among suppliers to U.S. commercial vehicle manufacturers for the period ended March 31.
May 15, 2017Indiana Approves 10¢ Motor Carrier Surcharge Increase
Along with increasing its diesel tax by 10 cents, Indiana recently approved a 10-cent increase to a surcharge tax for trucks.
Workhorse Group’s Revenue Soars, Along With Cost of Sales
Electric vehicle manufacturer Workhorse Group Inc. reported higher first-quarter revenue yet remained unprofitable as cost of sales soared and operating expenses climbed by more than $1 million, compared with a year earlier.
May 12, 2017FedEx Targeted in Cyber-Attack as Hackers Hit Companies Across Globe
FedEx said May 12 it was taking steps to recover from a cyber-attack on some of its Windows-based information technology systems.
Uber Adds Trucking Brokerage Firm Amid Longhaul Push
SAN FRANCISCO — Uber Technologies Inc. hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the longhaul trucking industry.