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, Safety, Autonomous

Tesla Autopilot Is Found Partly to Blame for 2018 Freeway Crash

U.S. transportation safety investigators found Tesla Inc.’s design of its automated driver-assist system was partly to blame for a crash in which an inattentive driver slammed into a fire truck parked on a freeway near Los Angeles in 2018.

Alan Levin and Ryan Beene | Bloomberg News
September 4, 2019
Business, Technology, Fuel

Porsche Unveils Its First Electric Car

Porsche picked Niagara Falls, a Chinese wind farm and a solar site in Germany to unveil its first all-electric sports car, underscoring the new Taycan’s central role in turning parent Volkswagen AG into the world’s leading seller of battery-powered vehicles.

Christoph Rauwald | Bloomberg News
September 4, 2019
Government, Business

Brazil Court Rules That Uber Drivers Are Independent Workers

Brazil’s Superior Court ruled that drivers who provide services through the Uber Technologies Inc. app are independent from the ridehailing firm, a decision that may benefit the company by setting a precedent for similar cases in the country.

September 4, 2019
Government, Business, TCA

Connecticut Gov. Ned Lamont Retools Transportation Plan After Tolls Stall

The Lamont administration is revamping its transportation plan, three months after its proposal to establish electronic highway tolls in Connecticut stalled in the Legislature.

Daniela Altimari | The Hartford Courant
September 4, 2019
Business, Perspective

Perspective: Rethinking Driver Recruiting

The trucking industry’s shortage of drivers and high turnover rate make it hard for many regional and over-the-road carriers to recruit and retain qualified candidates, but there is a system carriers can adopt that will help them attract and keep good drivers who fit their company’s requirements, and culture.

Norris Beren | Chief Executive Advisor, Risk Reward Consulting
September 4, 2019
Business, Equipment

Wabash Adds Supreme Upfit Center in Tampa

Wabash National Corp. announced it has opened a Supreme Upfit Solutions and Service location in Tampa, Fla., for all makes of commercial truck and van bodies.

September 4, 2019
Business, Technology, Safety, Autonomous

TomTom Maps Out Revamp With Bet on Self-Driving Cars

Once a household name for its satellite navigation for cars, TomTom NV has taken a backseat in recent years as smartphones, loaded with apps such as Google maps, surged in popularity.

Natalia Drozdiak | Bloomberg News
September 4, 2019
Business

Navistar Posts Q3 Revenue Gains as Market Share Rises

Navistar International Corp. reported fiscal-year, third-quarter net income fell amid higher revenue and rising market shares.

Roger Gilroy | Senior Reporter
September 4, 2019
Business

11 Ways to Fail a New Entrant Audit - And How to Avoid Them

As a carrier enrolled in the New Entrant program, you will, at some point experience a New Entrant Audit. This is the whitepaper for transportation safety professionals looking to gain insight into whether they will receive a Pass or Fail rating.

September 4, 2019
Business, Technology

Volvo Trucks Debuts Service Through Noregon Partnerships

Volvo Trucks has introduced a “dynamic” maintenance service through its ongoing partnership with Noregon Systems Inc., an internet of things company that specializes in connected-vehicle solutions.

September 3, 2019