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.
Failing DEF Sensors Getting Software Fixes From OEMs
Software overrides for diesel exhaust fluid sensors that are in perilously short supply are making their way from truck manufacturers to repair shops, helping keep equipment on the road and prevent engine shutdowns that can leave a truck stranded when the sensors fail.
Sen. Tom Carper Calls on US House to Pass Infrastructure Bill
WASHINGTON — The top transportation policymaker in the U.S. Senate again called for passage of a $1 trillion infrastructure measure awaiting action in the House.
Trucking Acquisitions Show No Signs of Slowing Down
The deal market in the trucking industry is heating up as buyers and sellers look to make moves amid a confluence of factors that are driving activity, experts said.
Diesel Stockpiles at 20-Year Low as Winter Nears
U.S. inventories of distillates — used as diesel for both transportation and heating oil — are enough to meet just 31.2 days of demand, according to the Energy Information Administration. That’s the tightest it has been for this time of the year since 2000.
COVID Vaccine Rollout Is Still Impacting Pharma Transportation
The pharmaceutical industry and its transportation partners remain busy with the distribution of coronavirus vaccines.
Book Industry Thrown Into Chaos Over Supply Chain Delays
The book industry has been thrown into chaos over widespread delays in the supply chain as the crucial holiday season approaches.
Rivian’s Electric Truck Gets All the Attention, but Fate Is Tied to Amazon
On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.
US to Sue Contractors Who Don’t Report Cyberattacks
WASHINGTON — The Justice Department is poised to sue government contractors and other companies who receive U.S. government grants if they fail to report breaches of their computer systems or misrepresent their cybersecurity practices, the department’s No. 2 official said Oct. 6.
Port Traffic Jam May Be to Blame in California Oil Spill
An unremitting shipping logjam in the waters outside of Los Angeles already has contributed to higher costs, delays and intermittent goods shortages across the U.S. Now, it could be to blame for California’s biggest oil spill in 27 years.
FMCSA Rule Gives States 60 Days to Revoke CDLs for Drug Violations
Federal trucking regulators are cracking down on state driver licensing agencies, requiring that they keep a closer watch for commercial motor vehicle drivers with drug or alcohol violations, and removing their driving privileges within 60 days after being notified of a test failure.