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.
ASCE to Release New Infrastructure Study
A new report chronicling infrastructure concerns around the country will be unveiled Jan. 12, the American Society of Civil Engineers recently announced.
Cruise Hires Former Delta Air Executive Gil West as COO
Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco.
PennDOT Says Licensing Law Will Increase Safety, Opportunities for Drivers
The Pennsylvania Department of Transportation recently commended a new state law related to licensing and credentialing that includes provisions associated with commercial driver license holders.
Ship Orders Slump 50% With Owners Unsure Which Fuel to Use
Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.
Trucking Jobs Gain in December Outweighed by Wider Labor Trouble
The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.
New Geotab Division Helps Utilities Support EV Adoption
Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.
Biden Selects Boston Mayor Marty Walsh for Labor Secretary
President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.
December Class 8 Orders Fourth-Best Ever
North American Class 8 orders in December notched the fourth-highest volume ever as they surpassed 50,000 for the second consecutive month, according to ACT Research citing truck makers’ initial data.
Top Senate Democrats Hopeful About Infrastructure Agenda Amid Political Turmoil
Lawmakers are working to shift attention from the contentious battle for the White House to legislative issues now that Congress has certified President-elect Joe Biden’s electoral college victory, and the outcomes of two Senate runoff elections in Georgia have been settled in Democrats’ favor.
Retrial of Former Pilot President Mark Hazelwood Is Likely, Attorney Says
Retrial of former Pilot Flying J President Mark Hazelwood, convicted of cheating truckers out of diesel fuel rebates, now appears likely, according to Hazelwood’s lead attorney.