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.
Fullbay Will Add Digital Marketing After Acquisition
Truck repair software developer Fullbay announced April 7 that it has acquired digital marketing agency Dieselmatic Digital Inc.. which focuses on repair shops.
April 7, 2022Walmart to Pay Truck Drivers Up to $110,000 in First Year
Walmart Inc. is ramping up pay for its truckers as it seeks to shore up staffing amid a nationwide rush to hire drivers, saying its truck drivers will be able to earn between $95,000 and $110,000 in their first year at the company,
Port Leaders Discuss Future
HOUSTON — Ports in the United States have a historic opportunity to upgrade aging infrastructure with billions of dollars in federal funding that will prepare facilities for years’ worth of expected growth in freight movement and ready them for a future where many are targeting eventual carbon-neutral operations.
COVID Fundamentally Changed Cold Chain Companies
The coronavirus vaccine rollout required rapid adjustment by cold chain companies that continues to influence technologies and operations more than a year later.
Federal Regulators Modify Some Drug Testing Requirements
The U.S. Department of Health and Human Services has reaffirmed, and in some cases tweaked, the agency’s oral fluid and urine drug testing requirements for federal safety-sensitive government employees, including truck drivers.
US Electric-Vehicle Tax Credits to End for New Toyota Buyers
DETROIT — Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
April 7, 2022Solid Import Volumes Still Flow Through Port of Long Beach
The head of the U.S.’s second-busiest container seaport said he has seen no letup in import volumes, though there may be some slowing in coming months as high inflation and growing services spending threaten to temper consumer demand for goods.
U.S. Xpress, Kodiak Partner on Autonomous Freight Program
U.S. Xpress Enterprises and the self-driving trucking company Kodiak Robotics Inc. are teaming to run an autonomous freight route, the companies announced April 7.
Connecticut Truckers Face Bill to Lower Emissions
Connecticut truckers are facing an uphill battle in opposing the governor's bill to improve air quality by imposing California’s stringent emissions standards on medium- and heavy-duty vehicles.
Dems Accuse Oil Execs of Profiteering as War Strains Supplies
Congressional Democrats excoriated executives from some of the world’s biggest oil companies on April 6, accusing them of exploiting the war in Ukraine and a surge in crude prices to secure windfall profits at the expense of American motorists.
April 6, 2022