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.
In Joint Venture, DTNA to Develop EV Charging Networks
Daimler Truck North America, BlackRock Inc.’s Renewable Power Group and NextEra Energy Resources announced a joint venture to create electric charging networks along critical freight corridors on the East and West coasts and Texas beginning by 2026.
Saia’s Annual Revenue Tops $2 Billion for First Time
Less-than-truckload carrier Saia Inc. reported large revenue and profit gains for the fourth quarter and year.
UK Wants to Renew Push for US Trade Deal After Midterms
The U.K. is hoping to resume its free-trade negotiations with the Biden administration after the U.S. midterm elections later this year, the minister leading the push said Feb. 2.
Wabash Reports Q4 Net Loss, Higher Revenue
Wabash reported a net loss and increased revenue in the fourth quarter as the supply chain continued to struggle to support its production activity, temporarily causing acute disruptions within certain product lines.
Port of Oakland Plans Pop-Up Terminal for Ag Exports
Beginning in early March, the Port of Oakland, with the help of the U.S. Department of Agriculture, will set up and operate a 22-acre, multimillion-dollar pop-up container yard specifically for agricultural exports.
GM Grabs $2 Billion Windfall as Used-Car Prices Hit Record
There’s a big upside to record used-car prices: auto lenders such as GM Financial are cashing in.
Trade Groups Comment on Plan for 500,000 EV Charging Stations
In public comments, nearly 500 trade groups and individuals shared with federal regulators ideas and concerns about how to proceed with the Biden administration’s plan to oversee the build-out of 500,000 electronic vehicle charging stations by the end of the decade.
Broken Lights Top Violation for North American Truckers
Inoperable vehicle lamps caused the most violations in national roadside inspections of trucks from the United States, Mexico and Canada last year, according to Federal Motor Carrier Safety Administration statistics.
BTS to Survey 150,000 Truck Owners This Year
A branch of the U.S. Department of Transportation this month is reviving a research effort to help gain a better understanding of the features and purposes of commercial vehicles on the country’s roadways.
What are leading carrier's IT executives looking for in a modern TMS?
Drawing on the combined expertise and hands-on experience of dozens of trucking/logistics IT Executives, this comprehensive guide explores the seven core benefits every TMS must deliver: fast, low-cost deployment , automatic software updates, future-proof technology, turnkey integrations, intelligent driver workflow, maximum security and readiness, and business intelligence.
February 1, 2022