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.
Fuel Flash: 2021 4th Quarter Report: Oil, Diesel, Gas Price Trends
Oil prices have crept back into the $70s, wholesale prices continued to fall, but not much has changed with demand and supply. As we get into 2022 and the winter weather, prices will reach back into the $80s.
February 1, 2022Automating the Spot Quote Process for Full Truckload Brokers
Most freight brokers are inundated with incoming emails from customers looking for a spot quote. Tai Email Assistant is a feature within Tai TMS that uses AI to extract shipment details from incoming quote requests and automatically responds with a quote in minutes.
February 1, 2022Understanding the Tire Needs of Last Mile Delivery
Tire selection and management for delivery fleets can present unique opportunities. It pays to have a trusted advisor to keep your fleet on the road. Learn how Goodyear’s Total Mobility solutions can help from the first to the last mile. Download the whitepaper below.
February 1, 2022First US Mile of Wireless EV Charging Road Coming to Detroit
DETROIT — The first mile of a wireless electric vehicle charging public road in the United States will be built in the Motor City.
North Dakota Trailer Length Pilot Program Extends Deadline
Regulators in North Dakota have extended a deadline for freight haulers to apply to participate in a pilot program that would allow longer trailer configurations on state roads.
GM’s Cruise Begins Offering Driverless Rides
Cruise LLC, the self-driving car startup that is majority owned by General Motors Co., is offering free rides to nonemployees in San Francisco for the first time, a move that triggers another $1.35 billion from investor SoftBank Vision Fund.
ArcBest Reports Strong Q4, Year on High Demand
ArcBest Corp. reported record profits and revenue for the fourth quarter and the full year thanks to surging freight demand.
Ryder, REIN Offer Used Truck Embedded Insurance
Ryder System Inc., a supply chain, dedicated transportation and commercial fleet management company, announced it launched insurance services by REIN to Ryder used-vehicle sales customers. REIN offers embedded and digital insurance products.
February 1, 2022Omnitracs Parent Solera Set to Acquire Trailer-Tracking Firm Spireon
Solera Holdings, the parent company of Omnitracs, has agreed to acquire asset-tracking firm Spireon Inc. in the latest example of consolidation in the trucking industry’s technology market.
Biden’s EV Plan Faces Jam From Cultural Divide
President Joe Biden wants electric vehicles to account for 50% of new car sales by 2030. But to meet that target he may have to sell the cars to a skeptical demographic: Donald Trump voters.