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.
Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
Bureau of Prisons Expands CDL Training for Women
Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.
Mack Trucks Introduces First EV Dealer for New York
Gabrielli Truck Sales has become Mack Trucks’ first certified electric vehicle dealer in New York, it was announced July 28.
August 2, 2022Traton Group Reports Big Revenue Gains in First Half
Navistar parent company Traton Group in July reported strong operating results and revenue for the first half of 2022, despite what it called an extremely challenging market.
Western Star Launches 57X Class 8 Model
YPSILANTI, Mich. — Western Star is launching a new Class 8 over-the-road model that parent company Daimler Truck North America promises will deliver on the niche brand’s reputation for dependability and toughness, while adding advanced safety, driver comfort and fuel efficiency features.
Uber Soars After Beating Estimates as Ridership Defies Inflation
Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares jumped about 14% in early trading.
Driver Pay Raise Trend Catches Crosswinds
The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.
Appeals Court Denies Review of HOS Shorthaul, Driver Break Requirements
A challenge to certain federal hours-of-service regulations filed by the Teamsters Union and three nonprofits will not be reviewed by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit.
4 Lubrication Strategies to Improve Fleet Uptime
See how fleet and maintenance managers can keep trucks on the road for longer and save money with these 4 lubrication best practices from the Mobil Delvac™ team. Plus, learn how our experts can help you implement them successfully.
August 1, 2022How Business Leaders Can Speed Up IoT Deployments
Learn how these enterprises are turning to integrated IoT offerings from mobile network operators to create manageable, large-scale IoT deployments by packaging frequency band options (including 5G), account and contract streamlining, and a full slate of IoT lifecycle support services.
August 1, 2022