Business

About 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.

Government, Business, Safety

Industry Representatives Honored With Trucking Awards

J&M Tank Lines, the Nebraska Trucking Association and professional driver Rhonda Hartman of Old Dominion Freight Lines have been named as recipients of the 2020 American Trucking Associations’ Mike Russell Trucking Image Awards.

Eric Miller | Senior Reporter
October 26, 2020
Government, Business, Safety

ATA’s Chris Spear Commends Truckers, Discusses Pressing Issues During Virtual Address

American Trucking Associations President Chris Spear praised the industry’s ability to rise to the occasion at the virtual Management Conference & Exhibition.

Eleanor Lamb | Staff Reporter
October 26, 2020
Business, Technology, Autonomous

With Fully Autonomous Driving Distant, Lidar Finds Its Place

The promise of self-driving cars and robotaxi fleets once seemed just around the corner, but reality is setting in. Makers of the underlying technology are pivoting to more realistic ways of making money in the here and now.

Gabrielle Coppola | Bloomberg News
October 26, 2020
Business, Technology

Mack Makes FlowBelow Factory-Installed Option

Mack Trucks announced the availability of a factory-installed FlowBelow Tractor AeroKit package on its Mack Anthem highway models, further improving fuel efficiency by up to 2.23%.

October 26, 2020
Business, Technology, Equipment

Haldex Posts Q3 Net Loss as Production Falters in Key Markets

Braking systems and air-suspension supplier Haldex reported a net loss on lower revenue in the third quarter.

Roger Gilroy | Senior Reporter
October 26, 2020
Government, Business, Safety

Tropical Storm Zeta Threatens Mexican Resorts, Louisiana

Tropical Storm Zeta gathered strength as it bore down on the Mexican cities of Cozumel and Cancun, where it was forecast to dump heavy rain before turning north to threaten the U.S. Gulf Coast from Louisiana to Mississippi with another direct hit.

Brian K. Sullivan | Bloomberg News
October 26, 2020
Business, Safety, Perspective

Perspective: Keeping the Industry Moving

The year 2020 has been one of endless challenges, even though it began with tremendous optimism that portended a year of record growth for the trucking industry.

Chris Spear | President and CEO, American Trucking Associations
October 26, 2020
Business, Technology, Fuel, Autonomous

Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person

Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.

Anders Melin | Bloomberg News
October 26, 2020
Government, Business, Technology, Safety

FHWA Awards $6.5 Million for State Highway Innovation Projects

Seven states and the Pawnee Nation of Oklahoma have been awarded funding through the Federal Highway Administration’s Accelerated Innovation Deployment Demonstration program.

Eleanor Lamb | Staff Reporter
October 26, 2020
Business, Safety

Driver Whose Truck Entered Crowded Protest Faces Charges

A Minnesota tank truck driver is facing charges in a case where his truck entered a stretch of road that had not been closed to traffic amid a demonstration against Minneapolis police in the wake of the death of George Floyd.

Dan Ronan | Senior Reporter
October 26, 2020