Transportation 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.
Port of Long Beach’s Mario Cordero Concerned Over Snag in Rail Talks
ORLANDO, Fla. — Of the two major labor negotiations, Port of Long Beach Executive Director Mario Cordero is most concerned about the stalled railroad workers/management talks.
October 18, 2022Marten Reports 15th Consecutive Increase in Quarterly Profitability
Marten Transport reported its 15th consecutive year-over-year increase in quarterly profitability Oct. 17, but still the results missed analysts’ expectations.
October 18, 2022California Ports Reveal Surge in Harmful Emissions in 2021
California port officials announced an unprecedented increase in harmful emissions last year. Although the increase in pollution was substantial, officials said emissions are still much lower than levels in the mid-2000s.
October 18, 2022September Tonnage Rises 5.5% Year-Over-Year
Truck tonnage in September increased 5.5% when measured against the same month a year ago, and on a sequential basis it rose 0.5% from August, according to American Trucking Associations.
October 18, 2022FMC Commissioner Carl Bentzel Proposes Rule Emphasizing Transparency
ORLANDO, Fla. — Federal Maritime Commission member Carl Bentzel proposes to bring more transparency and efficiency to the ocean shipping industry. He unveiled his plan at the American Association of Port Authorities’ annual convention Oct. 17.
October 18, 2022Kodiak, Ikea Partner on Autonomous Freight Delivery Pilot
Kodiak Robotics Inc. has started piloting autonomous freight deliveries in Texas in cooperation with Ikea Supply Chain Operations, the companies announced Oct. 18.
October 18, 2022Classes 4-7 Sales in September Hit Ups and Downs
U.S. retail sales for Class 4 through Class 7 vehicles in September failed to clear 19,000, falling 5.6% compared with a year earlier, Wards Intelligence reported.
October 17, 2022Diesel Up 11.5¢ to $5.339 a Gallon
The national average price of diesel climbed 11.5 cents to $5.339 a gallon, marking the second straight double-digit increase after five straight weeks of declines, according to Energy Information Administration data released Oct 17.
October 17, 2022USDOT Updates National Safety Strategy
Additional safety strategies for the nation’s mobility networks were recently announced by the U.S. Department of Transportation as part of its comprehensive plan.
October 17, 2022California Forms Statewide Alliance to Apply for Federal Hydrogen Grants
California Gov. Gavin Newsom has established a broad statewide alliance to apply for a stake of $7 billion in federal grants earmarked for national hydrogen hubs rather than forming regional partnerships with other governors.
October 17, 2022