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.

Business, Technology, Equipment, Fuel

TTSI Replaces Trucks With Near-Zero-Emission Models

Total Transportation Services Inc., a Southern California drayage company, will replace its entire diesel trucking fleet with near-zero emission natural-gas trucks.

Jim Stinson | Staff Reporter
September 30, 2019
Business, Technology

Tesla Revenue Seen Stalling Out as Musk Aims for Delivery Record

Analysts at Credit Suisse and RBC Capital Markets are among those predicting Tesla will post lower revenue for the third quarter than a year ago. If there is indeed a decline, it will be a first for the company since 2012 — the year the Model S started production.

Esha Dey and Dana Hull | Bloomberg News
September 30, 2019
Business, Technology, Autonomous, TCA

Hyundai to Start Mass Production of Driverless Cars in 2024

South Korean carmaker Hyundai Motor Group will start mass production of self-driving cars within the next five years, said Chung Euisun, the heir to the auto giant, as he made a hefty investment in a joint venture the company established with Aptiv on Sept. 23.

Cho Chung-Un | Asia News Network
September 30, 2019
Business, Technology, Logistics, Top 100

Estes Signs On DDC Intelligence for Bills of Lading

Estes Express Lines, a privately owned freight transportation carrier, added to its existing billing program with DDC FPO by migrating its bill of lading volume to the provider’s machine-learning, Software-as-a-Service program, DDC Intelligence, Estes said in a Sept. 23 news release.

September 30, 2019
Business, Technology, Logistics

UPS Completes Nashville-Area Distribution Facility

UPS Inc. has completed the expansion of its Whitescreek, Tenn., ground-package sortation and distribution facility, part of a multiyear investment plan to grow its global logistics network.

September 30, 2019
Business, Technology, Fuel, Logistics

AMA Transportation Hires Carrier Logistics to Manage LTL Software

Carrier Logistics Inc., a provider of freight management software for less-than-truckload fleets, said that AMA Transportation Co. Inc. has implemented its FACTS solution to modernize its business processes and improve productivity.

September 30, 2019
Business, Logistics

Blackstone Extending Warehouse Bet in $5.9 Billion Deal

Blackstone Group Inc. has acquired more than 1 billion square feet of logistics space since 2010 as part of the firm’s global bet that the rise of e-commerce is driving demand for final-mile real estate.

Patrick Clark | Bloomberg News
September 30, 2019
Business, Equipment

Pressure Systems International Notches Milestone

Pressure Systems International announced it produced its 1.5 millionth automatic tire inflation system for commercial vehicles at its facility in San Antonio in September.

September 30, 2019
Business, Technology, Logistics, Autonomous

Geotab Launches Torque Labs to Support Startups

Geotab announced the launch of Torque Labs, which is intended to accelerate the internet of things industry by providing funds and access to other resources for startups developing innovative technologies for transportation and smart cities.

September 30, 2019
Business, Technology, Logistics

Sherwood, Fr8Hub to Move Loads From Laredo, Texas

Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.

September 30, 2019