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.
Experts Share Tips for Combating Predatory Towing
PHOENIX — States are taking aim at towing companies that prevent carriers from accessing cargo in a trailer after a rig has been dropped off after a tow, a panel of insurance experts said.
Tonnage in April Drops 3.4% Year-Over-Year
Truck tonnage in April fell on both an annual and month-to-month basis as freight activity remains slow, American Trucking Associations said May 23.
Ports Record Steep Drops in April Cargo
The slump in container volumes at ports on the East and West coasts continued in April as some of the largest facilities saw year-over-year double-digit drops.
Impact of a Potential UPS Strike Looms Large
Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.
Volvo Signs Green Power Deal for Vattenfall Wind Power
Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.
Waymo, Uber Team Up on Robotaxis in Phoenix
Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars.
Washington Passes Bathroom Access for Truckers Law
Starting July 23, a new law in the state of Washington will grant truck drivers expanded access to existing bathrooms operated by shippers and receivers.
Schneider Debuts Transportation-Focused Innovation Center
Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.
May 22, 2023Minnesota’s $1.3B Transportation Deal Includes Gas Tax Hike
Minnesota lawmakers on May 21 sent the governor a $1.3 billion deal that would index the gas tax to inflation and bolster the state's extensive transportation network.
May 22, 2023Challenges Seen for California’s Advanced Clean Fleets Rule
Clean transportation advocates are in a race to transform the trucking industry in California to meet a mandate requiring zero-emission vehicles by 2035, and the challenges are many.