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.
Driving Your Fleet Towards Idle Reduction
Program Airs: September 8, 2022, 2 p.m. ET. Idle time, whether it’s time spent waiting to load or unload a shipment or in a scale house line up, has significant impacts on your fleet operations. It increases the carbon emissions produced by your fleet, quietly consumes your fuel and personnel budgets, reduces operational efficiencies, and creates bottlenecks along your drivers’ routes. According to SmartWay, a partner of the US EPA, if each driver in a 25-truck fleet idled for only two hours, that fleet would burn 40 gallons of diesel each day, at a cost of over $46,000/year.
September 8, 2022Nikola Wins Rulings Over Trevor Milton on Brink of Criminal Trial
Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.
ATRI’s Annual Top Industry Issues Survey Underway
The American Transportation Research Institute has launched its annual Top Industry Issues Survey, asking stakeholders to rank their top concerns along with potential strategies for addressing them.
FMCSA Wants Input on Extending Its COVID Emergency Declaration
The Federal Motor Carrier Safety Administration is seeking public comment on whether the safety and supply chain benefits of its COVID-19 national emergency declaration merit extending the current declaration after it expires Oct. 15.
GM Bets on EVs for the Masses With $30,000 SUV
GM expects to make the electric model of its popular Chevrolet Equinox SUV available for sale in about a year with a $30,000 price tag.
Freight Brokers Poised to See Gross-Margin Expansion
Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts.
Mercedes, Rivian Partner on Electric Vans in Cost-Saving Bid
Mercedes-Benz AG and Rivian Automotive Inc. plan to jointly manufacture electric vans in Europe as both companies try to share the rising costs of churning out battery-powered vehicles.
September 8, 2022Jeep Plans Four Electric SUVs, Including a New ‘Brother’ for the Wrangler
Jeep, the rugged American SUV brand owned by Stellantis NV, is expanding its lineup to meet more-stringent emission rules and catch up to rival automakers.
First Aerial Delivery Drone Granted Design Approval by FAA
U.S. aviation regulators approved designs for the first flying drone built specifically for shipping packages, a major step forward for the fledgling remote delivery industry.
XPO Spinoff RXO Announces More Leadership Appointments
Longtime financial executive Jamie Harris will join XPO Logistics Inc.’s soon-to-be spun off brokered transportation platform, RXO, on Sept. 26 as chief financial officer.
September 7, 2022