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.
Hutcheson Cites History of Commitment to Gender Equality
DALLAS — The head of the Federal Motor Carrier Safety Administration told a conference hosted by a women’s trucking organization that she has been striving to elevate the vital role women play in the industry throughout her career.
Daseke Founder Sells Shares Amid Board Retirement
Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.
PrePass Urges Caution on CMV Electronic Identifier System
A new PrePass Safety Alliance white paper claims that a proposal to require that trucks have a unique electronic identifier system would not necessarily improve highway safety, and could allow inspectors to monitor the condition of commercial motor vehicles while they are in motion.
J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034
J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.
November 14, 2022FedEx Freight Unit Furloughs Workers as Cargo Demand Slows
FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.
Stellantis Promotes Opportunities for Minority-Owned Businesses in EV Shift
The chief operating officer in North America of the maker of Jeep SUVs and Ram trucks on Nov. 14 emphasized the opportunities for minority-owned businesses to be a part of the company’s transformation toward electrification.
October Classes 4-7 Retail Sales Uneven
Classes 4-7 U.S. retail sales in October were off 5% from a year earlier, thanks only to strength in Class 6 as the other classes fell, Wards Intelligence reported.
Musk Complains of ‘Too Much Work’ After Taking Over Twitter
The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: Even he admits he’s taken on more than he should.
Trailer Makers Use Composites, Materials to Extend Life, Limit Moisture and Overloading
Amid a challenging landscape of supply chain issues, manufacturers are extending the lives of trailers using products such as composite materials and galvanized elements.
Study Says Charging Network Isn’t on Pace With Electric Truck Development
In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?