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.
Freightliner to Lay Off 115 Employees at North Carolina Plant
Freightliner will be laying off 115 workers at a plant in Gastonia, North Carolina, two months after the company reduced the workforce at the same location.
August 3, 2016Vigillo CEO Calls Public Input in Proposed FMCSA Two-Year Test Inappropriate
Allowing public participation in the data system used to review truck accidents in a proposed two-year federal program would contribute little to regulators’ safety analyses, the head of a prominent provider of data-mining software said Aug. 2.
August 2, 2016UPS Drives 1 Billion Miles Using Alternative Fuels
UPS Inc. has completed a project to drive 1 billion miles using alternative fuels and advanced technology one year earlier than it planned, the company announced Aug. 2.
California Unveils Sustainable Freight Plan
Pushing the freight transportation sector to adopt green technologies is the focus of a plan California Gov. Jerry Brown (D) unveiled recently.
August 2, 2016Mack, VTNA Renew Contract with Decisiv for ASIST
Mack Trucks Inc. and Volvo Trucks North America, both units of Volvo Group, said they renewed their contract with Decisiv Inc., which provides the ASIST service relationship management tool that both manufacturers use.
August 2, 2016Indiana’s DOT Reviewing Grant Applications for Local Roads, Bridges
Indiana’s Department of Transportation announced Aug. 2 that it has received 1,592 applications for 50/50 matching grants from 325 communities seeking funds for local road and bridge improvement projects.
Expeditors International of Washington Reports 1.5% Drop in Profits
Logistics provider Expeditors International of Washington reported second-quarter profits fell 1.5% compared to the same period last year due to lower yields from airfreight and ocean freight operations.
August 2, 2016Cummins Earnings Slump Along With North American Truck Market
Engine maker Cummins Inc. said the slumping North American truck market pulled down second quarter earnings and revenue but it partially offset that with restructuring, quality and cost-cutting initiatives.
August 2, 2016Georgia Truck-Driving School Launches With Emphasis on Redefining Driver Training
DALTON, Ga. — A stone's throw from the front door of Big Rig Driving Academy, tractor-trailers rumble up and down Interstate 75, their drivers stopping at a truck stop on Carbondale Road for fuel, food or a simple rest.
Google's Project Wing Delivery Drone to Be Tested at US Site
Google’s Project Wing drone delivery services will be tested at a U.S. site, the White House announced as part of an initiative to push research and safety measures for unmanned flight.