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.
Canada Mandates New Dangerous Goods Transport Database
Canada is implementing a new database requiring registration by next year for people and companies transporting dangerous goods at a domestic site they own or operate.
Container Shipping Set for Downturn, Hapag-Lloyd Chief Says
The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.
Amazon to Expand Grocery Delivery
Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.
Wireless Hacking Demo Shows Tractor-Trailer Vulnerabilities
HOUSTON — A wireless hacking demonstration staged at the National Motor Freight Traffic Association's cybersecurity conference revealed the vulnerabilities of a tractor-trailer.
Parking Initiatives Boost Highway Safety, Executive Says
WASHINGTON — Enhancing parking availability for truck drivers would improve safety on the nation’s roadways, a senior Iowa trucking executive recently told senators.
National Zoo’s Giant Pandas Depart for China via FedEx
A specially outfitted Boeing 777F dubbed the FedEx Panda Express transported the National Zoo’s three giant pandas to Chengdu, China, Nov. 8 and 9, with a refueling stop in Anchorage, Alaska.
GXO Beats Soft Freight Market With Earnings Gains for Q3
GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.
$4 Million Lets Shipper Cut to Front of Line at Panama Canal
Japan’s Eneos Group paid $3.975 million in an auction Nov. 8 to jump to the front of the line at the congested Panama Canal waterway, a record high.
CVSA Adopts Policy Position on Beyond Compliance
The Commercial Vehicle Safety Alliance has adopted a slate of new policy positions, including in support of a “beyond compliance” concept.
Continental Slashes 2023 Truck Tire Sales Forecast
Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.