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.
Oliver Blume to Replace Herbert Diess as CEO at VW
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s second-largest automaker in a surprise shake-up.
June’s Class 4 Plunge Takes Down Overall Medium-Duty Sales
Classes 4-7 U.S. retail sales in June approached 18,000, down 14.7% compared with a year earlier and largely reflecting a plunge in Classes 4 and 5, Wards Intelligence reported.
Five Questions: Taki Darakos
Taki Darakos joined Pitt Ohio in January 2019. Transport Topics asks him what are his biggest concerns as vice president of vehicle maintenance and fleet services.
July 22, 2022The News of the Internal Combustion Engine’s Demise May Be Exaggerated
At the Low net-GHG Fuel and Engine Technologies Symposium at the University of Wisconsin in June, researchers noted that the life of familiar internal combustion engines may be extended. This will happen via the use of fuels created from renewable crops, agricultural waste, and even solar energy.
Data Interchange/Interoperability Challenges Carriers to Take Action
Fleets need real-time data from the commercial vehicles of today and tomorrow, and the ability to pose queries and communications regarding vehicle and systems operation status, cargo security and condition, and environmental and safety performance.
Cameras on Windshield Remain FMCSA-Compliant
Windshield-mounted video cameras will remain compliant with Federal Motor Carrier Safety Administration rules for mounting placement, thanks to an exemption the agency recently made permanent.
July 22, 2022Getting It Right: Developing New Oil Standards
The saying “Time flies when you’re having fun” could likely apply to developing new engine oils. And some time has passed since the last diesel engine oil category was introduced in 2017 when the American Petroleum Institute (API) announced CK-4 and FA-4.
Alabama Sees Success With Trucking Workforce Initiatives
Creating a coordinated campaign involving trucking company titans and state education officials to foster workforce development in the trucking industry is paying off for the Alabama Trucking Association.
FedEx Reduces US Sunday Deliveries in Some Rural Areas
FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.
Trucker AB 5 Protest Hampers Operations at Port of Oakland
About 450 dockworkers did not report to work at California’s third-busiest port, Port of Oakland, July 21 as truckers protesting the AB 5 gig-work law blocked access to the operation for a fourth day.