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.
Trailer Orders Surge 82% in October
U.S. trailer orders in October jumped 82% from the prior month to reach 46,750 units, ACT Research reported Nov. 16.
November 21, 2022Engineers Ratify, but Conductors Split on Rail Labor Contract
Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.
November 21, 2022Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services
Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.
November 21, 2022Hub Group Sets Leadership Succession Plan
Hub Group has announced a leadership succession plan under which control will remain in the hands of the founding Yeager family.
November 21, 2022Some Owner-Operators Return to Fleets as Spot Market Softens
A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.
November 21, 2022Questions Raised Over FMCSA Proposal for New Electronic Truck IDs
A plan for Unique Electronic Identification devices to be on most commercial vehicles would allow law enforcement to identify and monitor the condition of trucks and drivers on the highways. This raises concerns about privacy and the costs and benefits.Â
November 21, 2022Sponsored ContentWialon named Top telematics services providers
Every year Wialon, an ultimate GPS tracking platform, recognises the best telematics services providers in different regions. The winners were named during the Wialon Top Partners award ceremony and this year BrickHouse Security topped the ranking in North America.
November 21, 2022Sponsored ContentTransportation Management Solution Boosts Efficiency
Speed to delivery and invoice, and fast data tracking are critical to success in today’s business climate. Discover how automated, in-cab tech has helped a transportation business meet the need for speed – boosting time from deal to invoice by 94%.
November 21, 2022Sponsored ContentFedEx Delivery Contractors’ Threat of Black Friday Walkout Fizzles
FedEx Corp. defused a threat by its delivery contractors to walk off the job on Black Friday in protest of dwindling profits as a trade group representing disgruntled logistics company owners disbanded.
November 19, 2022GM Startup BrightDrop Projects $1 Billion in Revenue in 2023
BrightDrop, a General Motors Co. startup focused on offering electric delivery options, told investors Nov. 17 it’s on track to reach $1 billion in revenue in 2023.
November 18, 2022