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.
AI, Edge Computing Are Shaping the Future of Fleet Telematics
With trucks and in-cab technology generating data, fleet telematics providers are harnessing artificial intelligence to transform that information into valuable business insights.
Walmart Boosts Managers’ Base Pay, Redesigns Bonus System
NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
ATA Announces America’s Road Team Captains for 2024-25
American Trucking Associations on Jan. 16 unveiled the 24 professional truck drivers who were selected to be part of the 2024-25 America’s Road Team.
SuperTruck II Innovations Could Help With Emissions Targets
LAS VEGAS — Aerodynamic innovations developed for the Peterbilt SuperTruck II could enter service sooner rather than later to help comply with forthcoming emissions regulations.
Cargo Processing in Texas Improved at Del Rio Land Port
Better processing of commercial vehicles by the U.S. Customs and Border Protection in Texas at the Del Rio Port of Entry is resulting from a small donated infrastructure project.
Nikola Advances Hydrogen Refueling Infrastructure Buildout
Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.
Port of Long Beach CEO Cordero Details Upcoming Projects
Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.
Trailer Orders Continue Sequential Improvements in December
U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.
Update: Port of LA Leader Outlines 2024 Goals
"The Port of Los Angeles ranks as the nation’s No. 1 container port,” Gene Seroka emphasizes. In the annual State of the Port address, the executive director detailed his vision for the port regarding economic growth and environmental actions.
January 18, 2024Panama Canal’s Drought Traffic Dip Could Cost $700 Million
PANAMA CITY — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes.
January 18, 2024