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.
Maryland Framework Offers Connected, Automated Vehicle Guide
With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.
Lidar Makers Jump After Report on Apple’s Autonomous Car Plans
Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.
ATA Truck Tonnage Index Slides 3.8% in November
Truck tonnage in November declined a seasonally adjusted 3.8%, marking the eighth consecutive month of year-over-year declines, American Trucking Associations said Dec. 22. However, the ATA For-Hire Truck Tonnage Index increased 3.7% in November after falling 5% in October when measured month-to-month.
Rush Enterprises Crowns Grand Champion for Virtual Tech Skills Rodeo
Medium-duty technician Travis Graham from Rush Truck Center of Orlando, Fla., took home the grand prize at this year's Rush Enterprises Tech Skills Rodeo.
Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’
Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.
Bottlenecks Wear Down World Economy’s Fleet of Containerships
Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.
Congress OKs COVID Relief, Government Funding Package
WASHINGTON — Congress passed a $900 billion pandemic relief package Dec. 21 that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.
Diesel Jumps 6¢ Per Gallon to Nine-Month High
The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.
December 21, 2020FMCSA Continues Waivers for Expired CDLs, Medical Certifications
As part of its continued response to the COVID-19 pandemic, the Federal Motor Carrier Safety Administration has issued a waiver offering regulatory relief to commercial driver license and commercial learner permit holders.
US Airlines Carry 1 Million Passengers for Third Straight Day
Americans are putting aside health risks and flying in increasing numbers during the Christmas holiday season.