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.
Driverless Semi Reaches Milestone in Test, Plus Says
Driverless truck technology company Plus revealed Aug. 5 that it has completed a demonstration on a highway in China.
Jobless Claims Down 14,000 to 385,000 as Economy Rebounds
WASHINGTON — The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession.
Automakers to Join Biden on Emission Cuts, EV Sales Goals
The Biden administration plans to announce new limits on greenhouse gas auto emissions and new electric-vehicle sales targets at an event with Detroit automakers at the White House on Aug. 5, according to several people familiar with the matter.
August 4, 2021Meritor Rides Truck Market to Higher Fiscal Q3 Results
Meritor Inc. reported increases in net income and revenue for its fiscal third quarter amid gains in the North American truck market.
Omnitracs Adds PrePass to Platform
Omnitracs has entered into a partnership with PrePass Safety Alliance to provide PrePass, the weigh station bypass application, on its Omnitracs One platform.
New ATRI Initiative Studies Methods for Finding Safe Younger Drivers
A new initiative from the American Transportation Research Institute is exploring development of an assessment tool to identify the safest drivers among 18- to 20-year-olds, a key group that the trucking industry is targeting for expanded eligibility of commercial driver licenses for interstate travel.
Amazon’s Dilemma: Mandating Vaccinations Would Risk Losing Workers
The quandary facing America’s second-largest private employer is this: how to keep its facilities COVID-free without sparking a mutiny among workers who are desperately needed to keep operations running amid a tight labor market and strong online demand.
Early Hurricane Lull Ending, With New Forecast for Up to 21 Storms
A quick start to the Atlantic hurricane season saw five storms form so far this year, well ahead of the normal pace of a normal year, before settling into a lull that’s lasted several weeks.
Watch the Replay: RETOOL, a Technology and Maintenance Event
Transport Topics hosted a special two-day virtual event, RETOOL, taking deep dives into the most important topics and trends within the trucking industry’s equipment and technology spheres. Watch the replay.
August 4, 2021TravelCenters of America Lifts Results With Operating Improvements
TravelCenters of America Inc. reported gains in net income and revenue in the second quarter as a result of operating improvements across nearly all business lines.