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.
Bestpass Acquires Fleetworthy Solutions
Bestpass on Nov. 28 announced it is acquiring Fleetworthy Solutions Inc.
NLRB Dismisses New York Union Case Against Tesla
Tesla Inc. has fought off allegations it illegally terminated dozens of New York employees in response to a unionization campaign.
Gas Prices Now Below $3 in 14 States
Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.
Volkswagen Tells Workers to Brace for Job Cuts
Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.
Oil Shows Signs of Softening Before OPEC+ Meeting
Ahead of the OPEC+ meeting on Nov. 30, there are indications oil supply is running ahead of demand, highlighting the challenge facing the cartel as it prepares to set output policy for 2024.
Panama Canal Adds Extra Queue-Jumping Auctions
The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which has become congested due to an ongoing drought.
Trucking Firms Using Social Media Influencers for Promotion
Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.
How Logistics Can Transform With AI — and Not Lose Its Way
The buzz around artificial intelligence has a way of obscuring the most important conversations around it.
Cameras Help Fleets Reduce Liability, Gain Operational Value
Many fleets have adopted forward- and inward-facing cameras to coach drivers and reduce liability. Now the latest smart camera technology is taking things a step further.
Autonomous Trucks: A Tool for the Motor Carrier Toolbox
Autonomous trucks could unlock safety improvements and greater freight efficiency in the coming years, but they won't be a one-size-fits-all solution for the entire trucking industry.