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.
Harold Sumerford Jr. Tirelessly Advocates for Industry
For much of Harold Sumerford Jr.’s adult life, he has risen at 4:30 each morning and worked 11 hours a day, six days a week. But it’s never felt like the daily grind for American Trucking Associations' new chairman.
Hertz Teams With Uber, Carvana in Electric Shift
Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants.
Current Driver-Assist Tech Effective, Experts Say
NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.
Harold Sumerford Jr. Elected ATA’s 77th Chairman
NASHVILLE, Tenn. — American Trucking Associations closed out its 2021 Management Conference & Exhibition with a celebratory evening after electing Harold Sumerford Jr. as the federation’s 77th chairman.
Paccar Sees Net Income Soften, Revenue Rise in Q3
Paccar Inc. reported mixed results with lower net income and higher revenue in the third quarter as undelivered new trucks stacked up but its parts segment notched record revenue.
GM to Install 40,000 Public EV Chargers
General Motors Co. will use its dealership network to deploy up to 40,000 electric vehicle chargers across the U.S. and Canada, as the veteran automaker ramps up its shift to plug-in models.
ATA Recognizes SmartWay Honorees
NASHVILLE, Tenn. — American Trucking Associations honored 28 member companies for being recognized with the U.S. Environmental Protection Agency’s SmartWay Excellence Awards.
Maine Turnpike Authority Increases Toll Rates
In an effort to avert a large shortfall due to the COVID-19 pandemic, trucks and cars traveling the Maine Turnpike will pay a little bit more in tolls.
Retail Spending Key to Trucking Activity, ATA’s Costello says
NASHVILLE, Tenn. — Gross domestic product fell almost 3.4% in 2020, snapped back 5.4% this year and is expected to grow over 4% next year. Yet, GDP isn't what one analyst gauges trucking activity by.
Video: MCE Day 3 Recap
ATA President Chris Spear's State of the Industry address highlighted Day 3 activity at MCE 2021.
October 26, 2021