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.
Volvo Sees Three Paths to Decarbonize Trucking
Volvo Group expects a near-term convergence of biofuel, battery-electric and hydrogen fuel cell electric-powered trucks as the industry, in the U.S. and in Europe, begins to adopt transformative and disruptive technologies aimed at eliminating harmful emissions and “leapfrogging” current practices.
Trucking Students Learn to Watch for Human Trafficking
TIFTON, Ga. — Before a commercial truck driver graduates from Southern Regional Technical College, the student must prove that they are ready to handle the demands of driving a commercial vehicle. One lesson, however, has little to do with operating a tractor-trailer, and everything to do with making the country safer for some of the most vulnerable people in the world.
May 11, 2021Wisconsin Motor Carriers Association Names 2020 Driver of Year
The Wisconsin Motor Carriers Association announced last month that Alyn Jones has been selected as its 2020 Driver of the Year.
May 11, 2021UPS Foundation Commits to Spending $1 Million to Fight COVID-19 in India
The UPS Foundation announced a $1 million commitment to fight the COVID-19 surge in India. The combination of emergency funding, in-kind transportation movements and technical expertise is intended to provide urgent relief, as well as strategic support.
May 11, 2021Some Gas Pumps Run Dry Due to Panic Buying
Motorists across a broad swath of the East Coast and South are struggling to find gasoline and diesel as filling stations run dry amid the unprecedented pipeline disruption caused by a criminal hack.
Biden Waives Some Gasoline Mandates to Address Fuel Shortage
The Biden administration lifted some environmental regulations governing the sale of gasoline in three states and the nation’s capital on May 11, as the Colonial Pipeline shutdown stretched into its fourth day, causing fuel shortages along the East Coast.
US Fuel Crisis Sparks Refiners to ‘Smash and Grab’ Tankers
Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on the country’s main pipeline.
Shell Starship 2.0 Split Into Two Cross-Country Treks
Shell Lubricants is planning to hold two separate cross-country trips to showcase fuel-efficient truck technologies, the company announced May 10.
Pipeline Officials Hope Most Service Will Be Back by Weekend
WASHINGTON — Hit by a cyberattack, the operator of a major U.S. fuel pipeline said it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers.
May 11, 2021Biden Says Russia Has ‘Some Responsibility’ in Colonial Attack
President Joe Biden said Russia has “some responsibility” to address a ransomware attack that crippled the Colonial fuel pipeline and that he’ll seek global cooperation to combat similar hacks.