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.
OPEC Plans Informal in September, Sees Oil Dip as Temporary
The Organization of Petroleum Exporting Countries will hold informal talks at a conference in Algiers, Algeria, next month and considers the recent decline in oil prices temporary, the group’s president said Aug. 8.
Dredging Makes Slow, Uneven Progress on East Coast to Welcome Bigger Ships
East Coast ports eager to capitalize on the newly expanded Panama Canal are engaged in massive dredging projects to reach the ideal channel depth of 50 feet or more, but so far results are uneven. (With interactive graphic.)
FMCSA Announces 22 Vision Requirement Waivers
Twenty-two drivers with vision impairments in one eye will be allowed to operate commercial trucks across state lines, the Federal Motor Carrier Safety Administration announced Aug. 8.
August 8, 2016DSV Chief Andersen Sees Driverless Trucks Within Decade
The CEO of the Nordic region’s biggest road transport company, DSV A/S, predicts the trucks he relies on can start operating without drivers within the next five to 10 years.
Wal-Mart to Acquire Jet.com for $3.3 Billion to Fight Amazon
Wal-Mart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3.3 billion, giving the world’s largest retailer the resources for a stronger shopping website to compete with market leader Amazon.com Inc.
August 8, 2016Frito-Lay Passes Alternative Fuel Milestone
Frito-Lay, a division of PepsiCo Inc., reached a major milestone in August when its compressed natural gas truck fleet logged more than 100 million miles driven on routes across the United States.
August 8, 2016Ryder, Postal Fleet Services Sign Full Lease Agreement for CNG-Powered Class 8s
Ryder System Inc. said Postal Fleet Services Inc. signed a full-service lease agreement for 20 compressed natural gas heavy-duty vehicles supporting mail delivery operations in Orlando, Florida;, Lafayette, Louisiana; Jackson, Mississippi; and La Vergne, Tennessee.
August 8, 2016Opinion: Olympic Glory? We Prefer Glory in Safety
There’s a big, patriotic sporting event coming this summer. Contenders fly the flags of the places and people they represent and proudly wear uniforms to demonstrate their pride and allegiance. Fans, families and the media all fix their eyes on one storyline: “Who will emerge as the finest in their field and take home all the glory?”
August 8, 2016Editorial: Trade for America and Trucking
We are usually big fans of bipartisan cooperation. Democrats and Republicans should proclaim their ideals and preferences with clarity — especially during election campaigns — but after citizens vote there comes a time to get to work and start solving problems.
August 8, 2016Letters: Mandate Technology, A Modest Proposal
Mandate Technology That Boosts Collision Avoidance
August 8, 2016