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 Offering Written CDL Tests in Spanish
Illinois is the latest state to offer commercial driver license applicants a written test in Spanish to get more drivers on the road.
Freight Recession Still Squeezing Marten’s Profits, Margins
Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.
Ontario Targets Predatory Towing Practices
Cracking down on predatory towing, Ontario now requires tow truck drivers and vehicle storage operators to have a certificate to operate in the first such move by a Canadian province.
Perspective: Using Technology to Protect Cargo From Theft
Cargo theft is often a subtle process, making it difficult to prevent. With cargo thieves relying increasingly on subterfuge, the security apparatus on the shop floor must evolve accordingly.
American Farmers’ Next Hot Commodity Is Canola for Biofuels
A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.
Shipping Gets Dirtier as Houthi Attacks Fuel Longer Voyages
Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.
Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million
Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.
July 22, 2024EPA Awards $4.3B to Pollution Reduction Projects in 30 States
WASHINGTON — The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution.
What Causes Supply Chain Disruptions?
Supply chain disruptions can occur at any place and time, creating uncertainty for businesses and consumers alike.
July 21, 2024Stellantis Forks Out $190 Million in US Fuel Economy Fines
Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.