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.
Illinois DOT Seeks Comment on Marine Transportation System Plan
The Illinois Department of Transportation is seeking public comment on a draft of its Illinois Marine Transportation System Plan and associated economic impact analysis study.
Oil Clings to Rally on Signs of Coronavirus Vaccine Progress
Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build.
DHL Unveils Four Electric Tractor-Trailers
DHL furthered its green efforts with the launch of a new fleet of electric tractor-trailer vehicles, the company announced Nov. 17.
FCC Reassigns Transportation Safety Spectrum
Despite pushback from transportation stakeholders and key policymakers on Capitol Hill, the Federal Communications Commission moved forward with its plan to reallocate some transportation safety spectrum for broadband uses.
Shipping Watchdog IMO Sets Rules to Curb Industry’s Pollution
The organization responsible for setting global environmental standards for shipping approved rules designed to curb the industry’s carbon emissions, triggering criticism that its measures won’t do enough to help tackle climate change.
FAA Clears Boeing 737 Max to Fly Again
After nearly two years and a pair of deadly crashes, the U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for flight.
Navistar Announces Next-Generation HX Severe-Service Model
Navistar announced the next generation of its heavy-duty HX International Truck vocational model, principally designed for the construction segment.
Logistics Community Optimistic About Distribution of COVID-19 Vaccines
With optimism building that two COVID-19 vaccines could be available by year’s end, supply chain experts are outlining steps and discussing challenges that lie ahead for those in charge of transporting the anxiously awaited medicine.
UN Recruits UPS, FedEx, Dozens of Others to Deliver Vaccine to World’s Poor
United Nations humanitarian relief agency Unicef is looking to recruit some of the airline industry’s biggest operators to help distribute a coronavirus vaccine to the world’s poorest nations.
Mitigating Risk with CVSA Executive Director Collin Mooney
Accident risk lessened as the pandemic eased highway traffic this year. Fleets, however, remain subject to increased litigation and nuclear verdicts. Experts suggest that the wider adaption of advanced technology - including onboard safety systems, in-cab video, and telematics - could not only improve safety but also preserve relevant information in the case of an accident.
November 17, 2020