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.
Google, Uber, Volvo Form Group to Advocate for Self-Driving Vehicles
A group of companies including Alphabet Inc.’s Google, Ford Motor Co. and Uber Technologies Inc., are forming a coalition to advocate for safety regulations for self-driving cars and help bring them to American roads.
Consumer Confidence Fell More Than Forecast in April
Consumer confidence retreated more than forecast in April as Americans’ optimism about the outlook for the economy and employment waned.
Dicom Adds Two Executives to Leadership Team
Canadian trucking and logistics company Dicom Transportation Group announced the appointment of two top-level executives for the parcel and less-than-truckload carrier.
April 26, 2016Orders for Durable Goods Rose Less Than Forecast in March
Orders for U.S. durable goods climbed less than forecast in March as demand for capital equipment remained weak, a sign that a diminished growth outlook is impeding investment.
April 26, 2016Smaller Fleet Turnover Rises Sharply in Fourth Quarter, Worsens Further at Larger Carriers
Truck driver turnover at smaller fleets leaped 21 percentage points in the fourth quarter of 2015, while churn at larger fleets reached even more elevated levels in spite of lackluster freight demand, American Trucking Associations reported.
April 25, 2016Transportation Leaders Address Shippers at Nasstrac Meeting
ORLANDO, Fla. — Leaders of four of the largest U.S. transportation companies, speaking in a ballroom largely filled with shippers, identified issues they each were most passionate about, among them: regulations and infrastructure, electronic logging devices, productivity and the true cost of service.
Diesel Average Rises 3.3¢ to $2.198
The U.S. average retail diesel price rose by 3.3 cents following a 3.7-cent increase the prior week.
April 25, 2016At America’s Busiest Port, Robot Longshoremen Are the New Contenders
On one end of a dock at America’s busiest port, tractor-trailers haul containers through dense, stop-and-go traffic. Sometimes they collide. Sometimes the drivers must wait, diesel engines idling, as piles are unstacked to find the specific container they need.
PeopleNet Offers Software on Zebra's Rugged Handheld Device
PeopleNet said its mobile fleet-management software is now certified to run on Zebra Technologies’ Symbol TC70 rugged handheld device.
April 25, 2016Four Ohio Trucking Companies Must Pay $3.4 Million to Central States Pension Fund
Four Ohio trucking companies must pay more than $3.4 million in withdrawal liability to Central States, Southeast and Southwest Areas Pension Fund, the U.S. District Court for the Northern District of Illinois ruled.