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.
Planned maintenance yields efficient, productive and safe operations
Neglecting basic maintenance for fleet trucks to decrease downtime has seriously negative consequences, especially when braking systems are the components being neglected. It’s time to address maintenance proactively to maximize productivity and increase safety.
April 1, 2021Emerging Tolling Trends for Commercial Fleets
Understanding new trends in tolling in 2021, and how tolling will evolve into the future, is critical for most commercial fleets, especially those with large regional or national footprints. Learn more about the emerging tolling trends to optimize your fleet’s operations.
April 1, 2021Sandeep Sakharkar to Become CIO for XPO Spinoff GXO
XPO Logistics announced that Sandeep Sakharkar will become the chief information officer of spinoff business GXO Logistics.
April 1, 2021Volvo Penta, Tico to Develop Electric Terminal Trucks
Volvo Penta announced a joint effort in North America with Terminal Investment Corp. to develop emissions-free, fully electric terminal truck prototypes, calling them a viable future application for EVs.
April 1, 2021IMC Cos. Hires First Chief Administrative Officer
The marine drayage business IMC Cos. announced March 29 that it hired its first chief administrative officer.
April 1, 2021Oil Rises After OPEC+ Agrees to Boost Output Gradually
Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.
US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
FleetPride Acquires Southern Truck Center
FleetPride acquired the assets of Southern Truck Center, the truck parts and service distributor announced March 31.
April 1, 2021Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes
President Joe Biden announced a $2.25 trillion climate change-centric infrastructure plan meant to repair the country’s roads and bridges, and guarantee nationwide access to broadband internet and safe drinking water.