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.
Takeaway: Focus on Ports
Just as highway bottlenecks can impede the transport of goods over the road, congestion in and around the nation’s seaports can disrupt the supply chains of companies that import and export goods.
August Class 8 Sales Drop 26.1% in 9th Straight Monthly Decline
U.S. retail sales of Class 8 trucks dropped 26.1% in August from a year earlier, WardsAuto.com reported, the ninth straight monthly decline, as industry conditions continue to show little improvement.
Growth of Global Transportation Providers Spurs Port Expansion, Inland Development
Just as highway bottlenecks can impede the transport of goods over the road, congestion in and around the nation’s seaports can disrupt the supply chains of companies that import and export goods.
Platooning Advances in Michigan
The Michigan Senate unanimously approved legislation earlier this month that could make Michigan the first state to allow commercial truck platooning while also eliminating a requirement that someone be inside a self-driving car while testing it on public roads.
Connected-Vehicle Spectrum Fight Intensifies
A battle within the business world is growing over the use of a slice of the radio frequency spectrum. It pits vehicle manufacturers and their allies against Wi-Fi providers, often owned by telecommunications companies.
Trucking’s Ground Game Gets NFL to Kickoffs
Another NFL season is under way, which means the equipment for 53 players and a slew of coaches for all 32 teams must be moved each week from the practice facilities to their home stadiums or to airports for road games.
Volvo Unveils SuperTruck at DOE, Joins Stage 2 of Research Project
WASHINGTON — Volvo Trucks North America unveiled its version of SuperTruck for inspection by Energy Secretary Ernest Moniz, with the modified VNL 670 highway tractor demonstrating an 88% gain in freight efficiency and an extra 70% in fuel economy.
Hanjin’s Stranded Cargo Begins to Flow at US Ports
Cargo stranded by the Hanjin Shipping bankruptcy slowly began to flow through U.S. ports last week, offering the first small signs of relief for truckers and their customers.
Fleets Fret Over Claims on Bad Hanjin Cargo
As Hanjin Shipping vessels finally arrive in the United States, some motor carriers are reluctant or refusing to accept cargo that might have been damaged because it could expose them to liability claims.
Penske Truck Leasing Launches New Website
Penske Truck Leasing launched a new website for customers seeking information on its full-service leasing and contract maintenance services.
September 19, 2016