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.
Exxon Profits Surge
NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
Truckers Respond to Plans for Apprenticeship Pilot Program
A newly released summary of public comments on the federal driver apprenticeship pilot program was mixed, with trucking trade groups generally supporting the program, while many small truckers and independent operators offered a variety of criticisms and suggestions.
Will the Diesel Engine Ever Be Perfected?
The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as “sweeping new regulations affecting heavy-duty trucks sold in the state.”
Tire Choices Provide Pros, Cons for Fleet Maintenance Managers
In the current environment of high fuel prices and a technology shift looming over many companies regarding last-mile delivery, fleets are challenged to develop a strategy toward tire management. For some maintenance managers, the debate of new tires versus retreads offers various methods in battling some of those concerns.
Send Out Your Maintenance Labor, or Keep It in the Fleet Shop?
With inflation pushing the cost of doing business higher and no end in sight, many fleet managers are taking pause when it comes to expenses — and highlighting the challenges of choosing between in-house maintenance and outsourcing.
Winning the Hearts and Minds
When it comes to new ways of thinking, or a shift in mindset for a large group of consumers, the phrase “winning the hearts and minds” often comes up. This seems to be the case with the tire manufacturers I spoke with this year.
Reefer Carriers Warm Up to Smart Trailer Tech for Cold Chain Logistics
Paying attention to the details in cold chain logistics can save customers and carriers cold hard cash — especially for those companies that are investing in the latest technological advancements.
Schneider Reports 68% Jump in Earnings for Q1
Schneider National’s earnings surged 68% year-over-year during the first quarter, the company reported April 28.
Idaho Truckers Share Vaccine Mandate Concerns
Shortages in potatoes and foodstuff for cattle are likely next year due to the ongoing U.S.-Canadian vaccine mandate disrupting border freight, Idaho truckers recently told their congressman.
House Transportation Democrats Prioritize Inclusive Workforce Programs
House Democrats proposed expanding diversity recruitment efforts across the transportation workforce as the Biden administration continues to pursue outreach programs.