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.
Estes Express Says It Is Doing Well Post-Cyberattack
Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.
October Truck Tonnage Up Month-to-Month, Down Year-to-Year
Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, according to American Trucking Associations.
Hyundai Unveils Robot-Powered EV Plant in Singapore
Hyundai Motor Group has opened a heavily automated facility in Singapore that will play a crucial role in its electrification strategy, deploying robotics and new production methods.
Major Shippers Don’t Predict Issues Meeting Holiday Demand
Carriers like the U.S. Postal Service, FedEx and UPS Inc. have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike.
FHWA Says Highway Construction Costs Continue to Soar
Rising inflation appears to be taking a big bite out of funding for highway construction projects, according to the latest data from the Federal Highway Administration.
NHTSA Advisory Group on Underride Protection Seeks Focus
Members of the Advisory Committee on Underride Protection began revealing their divergent views on side underride guards for heavy trucks, sending several questions back to regulators.
New Truck Lanes Opened at Calexico Border With Mexico
Two new northbound truck lanes opened Nov. 15 at the Calexico East Land Port of Entry, where 453,000 commercial trucks cross into the U.S. from Mexico each year.
California Gas Prices Dip Below $5 for First Time Since July
California pump prices fell below $5 a gallon for the first time since July, following national levels lower but still the highest in the country.
West Coast Ports See Rebound in Container Volumes
Twin Southern California ports Long Beach and Los Angeles reported solid year-over-year increases in cargo container volume in October.
Lawyers Argue Trevor Milton Shouldn’t Face Prison for Fraud
NEW YORK — Lawyers for Trevor Milton, the founder of truck maker Nikola Corp., say he should not face incarceration.