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.
Used Class 8 Market Strong in July
July sales of used Class 8 vehicles, along with the average price for a heavy-duty truck, rose year-over-year again.
Pottle’s Transportation Driver Ronald Round Wins ATA's Battle of the States
Ronald Round has been named Bendix Grand Champion at American Trucking Associations’ National Battle of the States: Virtual Truck Driving Championships.
FMCSA Medical Board Supports Vision Policy Changes
The Federal Motor Carrier Safety Administration has released a report from its medical review board on plans to tighten federal driver vision standards, but at the same time streamline the process to get qualified monocular drivers on the road quicker.
Biden Urges CEOs to Improve Cybersecurity
President Joe Biden urged a group of CEOs to help improve cybersecurity across the nation’s critical infrastructure and economy, citing a lack of trained professionals to adequately protect the U.S.
Supply Chain Bottlenecks Likely to Endure, Experts Say
Stifling supply chain bottlenecks are likely to remain — and possibly worsen — in the months ahead as consumers follow back-to-school purchases with end-of-year holiday shopping, according to experts who spoke with Transport Topics.
Alphabet’s Wing Nears 100,000th Package Delivery
Alphabet Inc.’s Wing subsidiary is about to reach a milestone in the fledgling drone-delivery business: Any day now it will deliver its 100,000th package to a customer.
House Agrees to Infrastructure Bill Vote by Sept. 27
The U.S. House of Representatives scheduled consideration of a $1 trillion infrastructure measure by Sept. 27, a few days before funding authority for federal highway programs expires.
Cruise Looks to Solar Panels to Power Self-Driving Cars
Cruise, the San Francisco autonomous car company backed by General Motors, is launching a new initiative to support renewable energy efforts in California’s Central Valley that takes advantage of solar power.
Association Executives Examine Lawsuit Abuse, Other Issues at TAEC Conference
The Trucking Association Executives Council brought together more than 40 state association and conference executives during its annual summer meeting.
August 25, 2021GXO Survey Shows Pandemic Trends Have Accelerated Online Returns
GXO Logistics Chief Investment Officer Mark Manduca detailed Aug. 24 what is driving a rise in online returns and what that may mean for transportation.