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.
438 Trucks Pulled Over for Surprise Inspection in Maryland
The Maryland State Police and affiliated law enforcement agencies had a surprise for 438 truckers on May 9, a surprise inspection on the Capital Beltway around Washington, D.C.
May 11, 2016XPO Rebuffs Teamsters Effort to Press US, Global Union Issues
The Teamsters and European labor representatives attempted to force a meeting with XPO Logistics CEO Bradley Jacobs to discuss union issues but were rebuffed by the company at its annual meeting.
May 11, 2016Study Finds as Truckload Profitability Improves, Utilization Declines
A new study produced by technology provider TMW Systems has found that most truckload fleets last year were able to improve profitability because of rate increases that outweighed declining utilization.
May 11, 2016One in Five Truck Drivers Leaves Job Because of Health Issues, Survey Finds
Most truck drivers who quit their jobs do so to make more money elsewhere, spend more time at home or to retire. However, one in five drivers who leave are flagged for health problems, according to a new report.
May 11, 2016Drone Market Seen Nearing $127 Billion in 2020, Revolutionizing Transport Industry, Study Shows
Drones soon will be boosting crop yields, verifying insurance claims and assisting in Hollywood blockbusters in a business that’s due to boom by more than 6,000% by the end of the decade.
Registration Opens for National Student Technician Competition
Registration is now open for the 2016 TMC FutureTech National Student Technician Competition.
May 11, 2016ATRI Seeking For-Hire Carrier Data for Annual Report
The American Transportation Research Institute is seeking data from for-hire carriers for the annual update to its Operational Costs of Trucking report.
May 10, 2016UPS-Backed Blood Delivery Drones Show Promise, Hurdles
UPS Inc. is backing a start-up using drones in Rwanda to transport life-saving blood supplies and vaccines, underlining the wide potential for the unmanned aircraft and helping bring package delivery by drone to U.S. consumers a step closer.
Texas’ Port Freeport Stakes Its Claim on Cargo Boom
The idea of Port Freeport — 60 miles due south of downtown Houston on a marshy stretch of Texas Gulf Coast — as a titan of foreign trade might sound bananas.
Job Openings in US Jumped in March to Second-Highest on Record
Job openings climbed in March to the second-highest level on record, a sign the U.S. labor market stayed strong in the first quarter, a report from the Labor Department showed May 10.