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.
GM’s Cruise Prepares to Resume Robotaxi Testing After Halt
GM’s Cruise autonomous unit is nearing the resumption of testing in the coming weeks, with Houston and Dallas emerging as potential locations, according to people with knowledge of the matter.
Five Questions: Chris DeMillo, Leonard's Express
Chris DeMillo was promoted to vice president of information technology in September after holding several IT positions since joining the company in 2005.
February 23, 2024Autonomous Trucking Landscape Is Shifting Rapidly
The anticipated benefits of autonomous trucking have attracted an influx of entrepreneurs determined to bring highly automated driving technology to the commercial vehicle market.
New SEC Rules Prompt Closer Look at Cybersecurity
Trucking businesses need to take a close look at the state of their cybersecurity in 2024 now that tough, new disclosure rules from the Securities and Exchange Commission have gone live.
New Container Terminal Planned for 2028 Opening in Maryland
Developers of a new $1 billion container terminal at Tradepoint Atlantic in Baltimore County, Md., say they expect to break ground by the end of next year and open in 2028, creating 1,100 jobs.
J.B. Hunt Forges Intermodal Agreement With Walmart
J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.
Biden Grants Gas Policy Shift to Boost Ethanol in Corn Belt
The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.
Illinois Bill to Copy California Emission Regs Draws Heat
A wave of opposition is mounting in Illinois to a bill that would have the state mirror California’s strict emissions laws that would eventually prohibit sales of diesel-powered trucks.
Update: FMCSA Planning New Detention Time Study
Approximately 80 carriers and 2,500 drivers chosen for the #FMCSA study will collect and provide 12 months of data to help determine the frequency and severity of detention time drivers face when making deliveries.
February 22, 2024Federal Truck Leasing Task Force Seeking Help From Truckers
Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.