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.
California Ports Reveal Surge in Harmful Emissions in 2021
California port officials announced an unprecedented increase in harmful emissions last year. Although the increase in pollution was substantial, officials said emissions are still much lower than levels in the mid-2000s.
September Tonnage Rises 5.5% Year-Over-Year
Truck tonnage in September increased 5.5% when measured against the same month a year ago, and on a sequential basis it rose 0.5% from August, according to American Trucking Associations.
FMC Commissioner Carl Bentzel Proposes Rule Emphasizing Transparency
ORLANDO, Fla. — Federal Maritime Commission member Carl Bentzel proposes to bring more transparency and efficiency to the ocean shipping industry. He unveiled his plan at the American Association of Port Authorities’ annual convention Oct. 17.
Kodiak, Ikea Partner on Autonomous Freight Delivery Pilot
Kodiak Robotics Inc. has started piloting autonomous freight deliveries in Texas in cooperation with Ikea Supply Chain Operations, the companies announced Oct. 18.
Classes 4-7 Sales in September Hit Ups and Downs
U.S. retail sales for Class 4 through Class 7 vehicles in September failed to clear 19,000, falling 5.6% compared with a year earlier, Wards Intelligence reported.
USDOT Updates National Safety Strategy
Additional safety strategies for the nation’s mobility networks were recently announced by the U.S. Department of Transportation as part of its comprehensive plan.
California Forms Statewide Alliance to Apply for Federal Hydrogen Grants
California Gov. Gavin Newsom has established a broad statewide alliance to apply for a stake of $7 billion in federal grants earmarked for national hydrogen hubs rather than forming regional partnerships with other governors.
Number of Guilty Pleas in Staged Accident Scams Reaches 41
Three additional participants in staged accidents with trucks in the New Orleans area have pleaded guilty to conspiracy to commit mail fraud charges, bringing to 41 the number of convicted conspirators in the FBI’s “Operation Sideswipe” investigation.
Airbus Wins First Third-Party Mission for Giant Beluga Cargo Jet
Airbus SE is poised to carry out its first cargo flights for an external client using a fleet of giant Beluga jets originally built to ferry wings between the planemaker’s European factories.
GXO Logistics to Hire 4,000 for Holiday Season Across US
Warehouse operator GXO Logistics announced on Oct. 13 plans to hire about 4,000 employees across the U.S. by the end of the year, as it prepares for a busy holiday season in which it expects a surge in product returns.