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.
Albertsons Struggles With Rising Labor, Logistics Costs
Albertsons Cos. is wrestling with higher labor and logistics costs as it seeks to cash in on surging sales.
DTNA to Unveil SuperTruck II Concept This Year
Daimler Trucks North America offered an early peek into the engineering and design work behind its SuperTruck II concept vehicle, which the manufacturer plans to unveil later this year.
Eaton Acquires Royal Power Solutions for $600 Million
Power management company Eaton has acquired a U.S.-based firm that produces components for the electric vehicle sector.
Tougher Vaccine Requirements Poised to Take Effect at Canada Border
More stringent COVID-19 vaccine requirements set to take effect at the borders may put new pressure on freight traffic between the United States and Canada, experts said.
GM Aligns With California on Emission Rules
General Motors said it will recognize California’s authority to set vehicle emission standards under the Clean Air Act.
CSX Purchase of Pan Am Railway Gets Federal Hearing
Massachusetts DOT told federal regulators overseeing the potential purchase of Pan Am Railways by competitor CSX that the state needs CSX to guarantee track access for east-west passenger trains through Springfield.
Quality Carriers to Deploy ELDs From Isaac Instruments
Liquid bulk hauler Quality Carriers has partnered with technology supplier Isaac Instruments to improve the in-cab experience for its drivers, the companies said in a joint announcement.
January 10, 2022FMCSA Takes Steps to Expedite Apprentice Driver Pilot Program
Federal trucking regulators are seeking emergency White House approval to take a first step toward a driver apprenticeship program included in last year’s sweeping $1 trillion infrastructure bill as a near-term measure to help alleviate the trucking industry’s ongoing driver shortage.
Fleets Find That Raising Pay Doesn’t Solve Driver Shortage
The flurry of fleets that raised pay early in 2021 to recruit and retain truck drivers amid labor shortages snowballed into a widespread industry trend. However, for many fleets, it’s not necessarily bringing in the expected results.
Technology Adds Visibility, Efficiency to Yard Operations
As the logistics industry moves into the new year, supply chain challenges still remain. Although yard operations serve a critical link, the yard can become a black hole if not managed properly.