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.
Retail Sales Rise Moderately as Auto Buying Jumps
WASHINGTON — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales. But there also were signs that consumers have become more cautious.
Volvo Improves Braking, Detection With Updated Driver Assist System
DUBLIN, Va. — Volvo Trucks North America introduced an updated version of its driver assistance system that increases the speed from which the brakes can stop the truck without driver input, and which improves the system’s recognition of when the driver switches lanes to avoid a vehicle in its path.
Amazon to Open Hub for Air Delivery in Fort Worth
Amazon is bringing its latest hub for air delivery to Fort Worth.
Trump Advisers Consider Interim China Deal to Delay Tariffs
Trump administration officials have discussed offering a limited trade agreement to China that would delay and even roll back some U.S. tariffs for the first time in exchange for Chinese commitments on intellectual property and agricultural purchases, according to sources.
Walmart Rolls Out Grocery Delivery Subscription
NEW YORK — Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business.
Walmart Testing a Fulfillment Service for Vendors to Match Amazon
Walmart Inc., looking to generate more profit from its online unit, wants to start storing and shipping products for third-party vendors for the first time, just as rival Amazon.com Inc. has done for years.
DHL Opens Chicago Innovation Center
CHICAGO — Chicago’s long history as a transportation and logistics hub is one of the reasons DHL North America selected the city for its third Innovation Center worldwide. The Americas Innovation Center, which opened Sept. 12, showcases technologies that already have provided significant productivity increases.
US, China Exchange Goodwill Gesture Ahead of Trade Talks
WASHINGTON — The United States and China traded conciliatory gestures, raising hopes they can de-escalate a standoff over trade that has shaken financial markets and cast gloom over the global economy.
ACT Forecasts Imminent Slowdown in Class 8, Trailer Production
For those still wondering about the state of the commercial vehicle market in the United States, ACT Research during a webinar Sept. 11 delivered a forecast that conditions continue to deteriorate and that pullback in build rates for heavy-duty trucks and trailers is “imminent.”
Biggest Battery System Inches N.Y. Toward 100% Green Energy Goal
The biggest battery system in New York is now storing electricity at a technology campus north of Albany to help stabilize the state’s power grid and reduce carbon emissions.