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, Technology, Equipment, Safety

Spear Assesses State of the Industry

ATA President Chris Spear delivered his state of the industry address to MCE 2019 attendees Oct. 7, announcing the creation of a marijuana policy committee among other areas of focus for the next year. Eleanor Lamb recaps the address. 

October 7, 2019
Business, Technology, Safety, Autonomous

Volvo Marks Major Anniversaries of Connected Technology, Accident Research

Volvo Group celebrated a milestone in the number of connected vehicles sold to customers over the past 25 years, while its truck unit, Volvo Trucks, celebrated its 50th anniversary of performing accident reconstruction and analysis.

Roger Gilroy | Senior Reporter
October 7, 2019
Government, Business, Technology, Equipment, Safety

Creation of Marijuana Policy Committee Among ATA’s Priorities

SAN DIEGO — American Trucking Associations President Chris Spear announced a new Controlled Substances, Health and Wellness Subcommittee at the federation’s annual Management Conference & Exhibition on Oct. 7.

Eleanor Lamb | Staff Reporter
October 7, 2019
Business, Technology, Equipment

Volvo Partners With Geotab to Offer Integrated ELD

SAN DIEGO — Volvo Trucks highlighted its investments in connected vehicle technology and introduced a fully integrated electronic logging device for its trucks through a partnership with telematics firm Geotab.

Seth Clevenger | Managing Editor, Features and Multimedia
October 7, 2019
Business, Technology, Safety

Drowsy Driving on the Decline, but Speeding, Cellphone Use Rising, Lytx Data Shows

SAN DIEGO — Drowsy driving and instances of falling asleep behind the wheel are on the decline, but speeding and cellphone use among truck drivers has increased, according to customer data unveiled by video telematics provider Lytx.

Joe Howard | Executive Editor
October 7, 2019
Business, Technology, Logistics

I.D. Systems, Now PowerFleet, Buys Pointer Telocation for $140 Million

PowerFleet Inc. said it closed its acquisition of Pointer Telocation Ltd., and rebranded the company formerly known as I.D. Systems to PowerFleet Inc.

October 7, 2019
Business, Logistics

American Railroads Are Already in Recession With No End in Sight

This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy.

Thomas Black | Bloomberg News
October 7, 2019
Business

ATA Honors 12 Federation Executives for Service to Industry

SAN DIEGO — American Trucking Associations honored 12 state trucking and conference executives — representing a combined 165 years of experience — for their notable service to the industry at ATA’s annual Management Conference & Exhibition on Oct. 7. “Our association is strong because of the hard work of leaders like these,” incoming ATA Chairman Randy Guillot, president of Triple G Express Inc., said in a statement. “These men and women do remarkable work on behalf of ATA and the entire trucking industry, and it is our privilege to recognize them here at MCE.” ATA said the 12 executives represent a combined 165 years of experience.

Eric Miller | Senior Reporter
October 7, 2019
Business, Technology, Fuel

Volvo, Geely to Merge Engine Units in Electric Car Push

Volvo Cars and China’s Geely plan to merge their engine operations into a stand-alone company, a step the Swedish automaker says will cut costs as it shifts to a fully electrified lineup.

Gabrielle Coppola | Bloomberg News
October 7, 2019
Government, Business, Technology, Safety, Perspective

Perspective: Harnessing the Power of Trucking

ATA President Chris Spear: Throughout our lives, we rely on a multitude of goods and services to prosper as individuals and as a nation. But no industry is more central to that story than trucking.

Chris Spear | President and CEO, American Trucking Associations
October 7, 2019