Federal regulators gave a strong push to electric-powered air taxis Oct. 22 by issuing a final rule for operating the aircraft and how pilots will be trained to fly them.
October 23, 2024Trucking Business News
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.
FAA Issues Rule That Moves Air Taxis Closer to Takeoff
Carriers Feel Insurance Premium Pinch as Cargo Theft Climbs
When it comes to cargo theft, thieves can 鈥 and do 鈥 steal anything.聽 As more cargo goes missing, insurance premiums for policies to cover the losses start edging higher.
October 22, 2024Colorado OKs Tax Relief for Hurricane-Affected Residents
鈥淭ax deadlines should be the last thing that families impacted by these natural disasters are worried about,鈥 Colorado Gov. Jared Polis said.
October 22, 2024Paccar Q3 Profit Falls 20.9%, Tops Analyst Expectations
Paccar Inc.鈥檚 profit in the third quarter fell as the truck market continues to normalize, but still beat analyst expectations.
October 22, 2024West Virginia Invests $4.7M in Road Safety Tech Upgrade
The goal is for the state to use technology to lower weather-related vehicle crashes in West Virginia by warning drivers with real-time alerts about dangerous roadway conditions.
October 22, 2024Uber Freight Ups Cross-Border Business as Nearshoring Booms
The Chicago-based logistics platform has seen significant growth, reporting a 77% year-over-year increase in cross-border business from shippers and more than 2,000 daily shipments.
October 22, 2024Stellantis Sees Ram Sales Rebound as Inventories Shrink
Ram brand sales are up 35% to 40% so far in October, Ram and Chrysler CEO Chris Feuell said at a Reuters automotive conference in Detroit Oct. 22.
October 22, 2024Lynden Transport Selected to Deliver Capitol Christmas Tree
Lynden Transport will carry the Capitol Christmas Tree from Alaska to the nation鈥檚 capital later this year.
October 22, 2024ATA Truck Tonnage Drops 2.1% in September After Gains
Freight tonnage ended two months of sequential gains with a decline in September, American Trucking Associations reported Oct. 22.
October 22, 2024Truckload Expansion Lifts TFI International鈥檚 Q3 Results
The Montreal-based transportation and logistics company posted net income of $128 million, or $1.50 a diluted share, for the three months ending Sept. 30.
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