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.
Trucking Industry Heads Into Smoother Holiday Season
This holiday shipping season is expected to be marked by fewer delays and disruptions compared with the past two years, thanks to early freight movements, a flattening of volume and increased capacity, experts said.
Government Plans to Require Large Contractor Emissions Reports
Federal regulators have proposed a new climate-reporting rule that would require large federal contractors to publicly disclose their greenhouse gas emissions, climate-related financial risks and science-based emissions reduction targets.
How Trailer Technology Has Progressed Since 2002
The standardization of telematics and trailer tracking opened the doors to countless more opportunities for optimization - from tire pressure management and fuel economy, to load sensing and climate controls. The progress made in trailers and safety technology is best told from the perspective of an industry veteran who has become an expert in the field. What challenges - from landing gear issues to a disrupted supply chain - have demanded change and how has the industry responded? On December 7, CEO of Business Accelerants and Transportation Safety Equipment Institute (TSEI) Executive Director Paul Menig joins TT's Dan Ronan to discuss his work with TMC on next gen refrigerated trailers, how retrofitting really works, and his must-have tech list for trailer purchasing.
November 17, 2022Federal Maritime Commissioners Praise Growth at Port of Mobile
Two members of the Federal Maritime Commission praised the growth, diversity and import-export balance of the Port of Mobile during a visit on Nov. 16.
Unemployment Claims Drop, Complicating Anti-Inflation Measures
The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor market.
Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks
“No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history.
Orange EV to Relocate Headquarters to Support Product Demand
Orange EV will establish a new corporate headquarters and manufacturing operations in Kansas City, Kan., the electric heavy-duty vehicle manufacturer announced Nov. 16.
November 16, 2022Why XPO Continues to Choose Change
For a time XPO made headlines for its number of acquisitions, now XPO is changing its strategy to maximize the efficacy of its respective offerings.
November 16, 2022Third Railroad Workers Union Turns Down Pact
The possibility of a nationwide freight railroad strike is increasing after another union turned down a tentative agreement that was negotiated in mid-September among the major Class I carriers, a management council and the Biden administration.
Factory Output Barely Rises After Tepid Gains in Prior Months
U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.