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.
Conair to Open Maryland’s Largest Distribution Center
Maryland officials have welcomed plans for the state’s largest single distribution center in a 2.1 million-square-foot facility by Conair providing access to mid-Atlantic freight hubs.
Ohio Establishes $3 Million Tax Credit Program for CDL Training
Ohio is offering a new $3 million tax credit program to help companies offset costs for providing commercial driver license training to their employees.
The Link Between Fuel Efficiency & Safety
Program Aired: November 16, 2 p.m. ET A new, multi-year trucking study has documented how fuel-efficient driving significantly lowers the risk of accidents and critical safety events. Tune into this webinar to hear the dramatic results and learn how one trucking fleet is becoming even safer and more efficient using the ISAAC Coach system.
November 16, 2023General Motors Union Workers Ratify New Labor Contract
United Auto Workers union members have voted to approve a new contract with General Motors, making GM the first Detroit automaker to ratify a deal to end a labor dispute and crippling strikes.
FMCSA Rule Restricts Emergency HOS Waivers to 14 Days
A rule recently adopted by FMCSA cuts from 30 to 14 the maximum number of days a state may waive HOS regulations during a state of emergency, a move that has drawn criticism from stakeholders.
Trucking Grapples With Evolving Cargo Theft Risks in Q3
Trucking continued to deal with a high number of cargo thefts during the third quarter as criminals take advantage of the tighter economy.
Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
Congress Approves Short-Term Bill, Averts Shutdown
Ending the threat of a government shutdown until after the holidays, Congress gave final approval to a temporary funding package that pushes a fight over the budget into the new year.
Torc Lays Out Road Map to Autonomous Truck Launch in 2027
ALBUQUERQUE, N.M. — Torc Robotics is fine-tuning its technology and laying the foundation for autonomous fleet operations as it targets a 2027 market launch for its virtual driver product.
Producer Prices in October Drop Most Since 2020
U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates.