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.
Fontaine Specialized Announces New Workhorse Model
Trailer maker Fontaine Specialized announced it added a new model to the Workhorse lineup, the 55PVR Pro, a multipurpose road construction trailer.
July 25, 2022Manufacturing CEOs Want to Bring More Chip Production to US
Bringing more semiconductor production to the U.S. could help counter the global chip shortage, a survey by the Association of Equipment Manufacturers showed.
Fleets Turn to In-Cab Driver Coaching to Boost Safety Through Instant Feedback
With the latest advances in onboard video and artificial intelligence, more fleets are implementing in-cab driver coaching to help reinforce safe driving habits, prevent crashes and enhance drivers’ overall performance.
Bridgestone, Pilot Partner on Fleet Tire Intelligence Program
Bridgestone Americas and Pilot Co. announced select travel center locations will offer Bridgestone Fleet Care mobility solutions to provide actionable fleet tire intelligence.
July 25, 2022Target to Open Hubs in Chicago, Denver
Target Corp. will open three new package-sorting centers during the next year — two in greater Chicago and one in the Denver area — to further its strategy of using stores to handle online orders.
Hyundai Gets $1.8 Billion in Aid to Build EVs in Georgia
SAVANNAH, Ga. — The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed July 22.
Cox Automotive Buys Trudell, Adding Fleet Parts and Trailer Sales
Cox Automotive Inc. announced it acquired Trudell Holdings Inc., the parent company of a trailer dealership network.
July 22, 2022Truckers Defy AB 5 ‘Free Speech Zones,’ Continue Oakland Blockade
A group of California truck drivers trying to force changes to the AB 5 state labor law brought the Port of Oakland to another standstill on July 22, continuing a multiday chokehold on one of the West Coast’s busiest shipping hubs.
Revised Estimate Adds 10,000 to June Trailer Orders, Clearing 25,000
Net U.S. trailer orders in June rose to 25,444, ACT Research reported July 22. It was an increase of about 10,000 orders compared with the preliminary number issued only days before.
Online Classes Help Women, Adult Learners Land Alabama Trucking Jobs
After tailoring courses with the state trucking association, Alabama educators are reaching a different demographic of students who are now training and entering the trucking industry.