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.
Tesla Sales Fall Way Short of Estimates
Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.
Second Channel Opens at Baltimore Bridge Site
BALTIMORE — Crews opened a second temporary channel April 2 allowing a limited amount of marine traffic to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge.
Freight Railroads Must Keep Two-Person Crews
Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized April 2.
Cargo Ship Owner Seeks $44 Million Liability Limit
The owner of the ship that rammed a bridge in Baltimore, killing six workers and disrupting the eastern U.S. transportation network, is seeking to limit its liability to about $43.7 million.
What's That? Freight Broker
A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.
April 1, 2024What's That? Transportation Management Systems (TMS)
A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.
April 1, 2024What's That? 4PL
Fourth-party logistics, also known as 4PL, is an operational model in which a business outsources its entire supply chain management and logistics to one external service provider. This partner oversees the supply chain, including the evaluation, design, construction, implementation, and measurement of the client's solutions.
April 1, 2024What's That? Logistics
Logistics refers to the transportation and storage of goods within a supply chain. For example, freight brokers who coordinate with a carrier to move a company’s goods are performing a logistics service.
April 1, 2024What's That? Diesel Shortage
This video offers a concise overview of the diesel shortage issue, designed to demystify this complex topic for non-experts and highlight why it remains a critical concern amidst the transition to more sustainable energy sources.
April 1, 2024What's That? JIT
In transportation and freight, Just-In-Time (JIT) inventory systems revolutionize how materials flow into assembly and manufacturing plants. By precisely coordinating demand and supply, JIT ensures materials arrive exactly when needed, minimizing inventory costs and enhancing operational efficiency.
April 1, 2024