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.
Mercedes Taps Luminar for Lidar
Mercedes-Benz plans to use laser sensors from Luminar Technologies Inc. in a next-generation vehicle platform to enable semi-autonomous driving features on highways.
TuSimple in Talks With Foton on Autonomous Trucks
TuSimple Holdings Inc. is in talks to join forces with one of China’s premier commercial vehicle manufacturers to create heavy-duty trucks aimed at making long-distance logistics more efficient.
January 20, 2022Port of Long Beach Moves Record Cargo Despite Logjams
The Port of Long Beach moved record cargo volumes last year amid an import surge and supply chain snarl brought on by the pandemic.
ATA Selects 22 Drivers as New Road Team Class
An immigrant from India, a former Marine and a grandmother joined an elite team of 22 professional truck drivers to make up the 2022-23 America’s Road Team Captains.
Robin Hutcheson Selected to Head FMCSA
Robin Hutcheson has been named Deputy Administrator of the Federal Motor Carrier Safety Administration, Transportation Secretary Pete Buttigieg announced Jan. 19.
XPO Logistics Port Truckers Seek to Unionize
Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.
Truck Tonnage in December Increases 1.4% Year-Over-Year
Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.
J.B. Hunt Reports Higher Profit, Revenue for Q4 2021
J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.
XPO Announces Expansion of LTL Network
XPO Logistics is expanding its North American operations, adding to its LTL network two new terminals, four fleet maintenance shops and trailer manufacturing capacity, the company said Jan. 18.
The Federal Response to a Disrupted Supply Chain
By the end of last year, the long-awaited $1 trillion infrastructure policy bill was signed into law, the holiday season saw the vast majority of packages delivered with minimal delays, and the USDOT announced more than $241 million in grants to domestic ports.
January 19, 2022