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.
BP Says Oil Demand Is Back Above 100 Million Barrels a Day
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.
Technology Helps Manage Spot Market
Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.
Maersk Sees Global Shipping Markets Staying Tight Into 2022
A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.
Ship Queues Worsen Port Delays From Singapore to Greece
The world’s largest shipping hubs are suffering elevated levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus.
Sinking Auto Steel Demand Reveals Cracks in Robust US Market
The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned orders of high-end metal used by automakers.
Volvo’s Voorhoeve Sees Growing Market for Electric Trucks, Driver-Assist Tech
NASHVILLE, Tenn. — Volvo Trucks North America CEO Peter Voorhoeve sees expanding opportunities for electric-powered trucks and further growth for driver-assistance technologies in this time of transformation for the commercial vehicle market.
GXO Releases First Quarterly Earnings Report
GXO Logistics released its first earnings report Nov. 1 after becoming an independent company.
Boost Fleet Safety and Efficiency with Video and Telematics
Whatever the size, type or use of your vehicles, the benefits of dashcams paired with accurate telematics data are plentiful. In this guide, we explore how GPS tracking, driver behavior data and in-cab video recorders can boost safety, efficiency and effectiveness across your entire operation.
November 1, 2021Fleet Sustainability: Using Biodiesel to Drive Success
The growth of the sustainability movement is changing the fleet industry. Read this white paper to learn how biodiesel is helping fleets lower their emissions while providing the performance and ROI they need.
November 1, 2021House Transportation Panel Approves FEMA Recovery Bills
Two bills designed to facilitate recovery efforts for communities and commercial corridors hard-hit by natural disasters were recently approved by the transportation committee in the U.S. House of Representatives.