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.
Chinese EV Startup Monitors Drivers’ Vital Signs
A new Chinese electric vehicle startup, BeyonCa, is touting its ability to monitor drivers’ health for serious incidents like a heart attack to help stand out in an increasingly crowded market.
Spokane International Airport Completes Second Phase of Rail, Truck Facility
The Spokane International Airport has completed the second phase of a rail and truck transload facility designed to attract advanced manufacturing companies to the region.
Class 8 Orders Soar in October on Pent-Up Demand
North American Class 8 orders in October soared past the year-earlier volume and retreated a step or two from the previous month’s all-time record, ACT Research reported, calling it further confirmation of pent-up demand.
Candidates Raise Freight Infrastructure, Energy Priorities in Midterms
Energy proposals anchored on freight infrastructure initiatives have loomed large for candidates around the country aiming to represent constituents in Congress next year.
Rhode Island Files Notice of Appeal in Truck Tolling Case
The Rhode Island Department of Transportation has filed an appeal challenging a district federal court judge’s ruling declaring unconstitutional the state’s controversial trucks-only tolling plan.
Cummins Reports Strong Q3 Results; Meritor Now Part of Company
Cummins Inc. reported lower net income and higher revenue in the third quarter as business in North America was strong and its growth strategy added costs.
Werner Reports Revenue Increase for Q3
Werner Enterprises saw revenue rise but income decline during the third quarter of 2022, the company reported Nov. 2.
Yellow Posts Rise in Revenue, Decline in Earnings for Q3
Yellow Corp. increased revenue but earnings declined during the third quarter, the company reported Nov. 2.
Nebraska, Iowa Issue Hours-of-Service Waivers Related to Fuel
The governors of Nebraska and Iowa temporarily waived federal mandates for truck drivers amid greater fuel demand for harvest season and diesel shortages.
Public Comments Point to Confusion Over Sleep Apnea Proposal
The long-simmering controversy over how medical examiners decide when they should send truck drivers at risk for obstructive sleep apnea to undergo costly lab sleep studies is heating up again.