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, Equipment

June Class 8 Sales Improve Amid Softer Freight Market

U.S. Class 8 retail sales in June improved to climb above 23,000 units, WardsAuto.com reported. They landed against the backdrop of a freight environment that is weakening this year and already is served by too many trucks, other analysts said.

Roger Gilroy | Senior Reporter
July 18, 2019
Business

Volvo Posts Record Quarterly Revenue in 2Q

Volvo Group posted higher net income in the second quarter on the strength of record sales and increased truck deliveries.

Roger Gilroy | Senior Reporter
July 18, 2019
Business, Logistics

Renault’s Senard Plays Down Potential for Nissan, Fiat Mergers

Renault SA Chairman Jean-Dominique Senard appears to have put merger considerations on the backburner as longstanding partner Nissan Motor Co. needs time for a turnaround and a failed deal with rival Fiat Chrysler Automobiles NV remains “dead.”

Ania Nussbaum | Bloomberg News
July 18, 2019
Business, Technology

Volvo Quarterly Earnings Surge as North America Deliveries Jump

Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.

Niclas Rolander | Bloomberg News
July 18, 2019
Business, Technology, Logistics

Machines, Software May Be Best Bet to Conquer Final Mile, Experts Say

More than five years after a Christmas season in which UPS Inc. and Amazon.com offered refunds for late shipments, final-mile delivery still has plenty of kinks.

Jim Stinson | Staff Reporter
July 18, 2019
Government, Business

Experts: As a Funding Tool, Tolling May Benefit From an Image Shift

WASHINGTON — Transportation experts said recasting tolling’s image from an unpopular fundraising mechanism may increase its attractiveness to the public.

Eleanor Lamb | Staff Reporter
July 17, 2019
Government, Business

Industry Leaders Express Cautious Optimism Over Senate EPW Bill

WASHINGTON — The Senate Environment and Public Works Committee’s forthcoming highway policy bill will serve as an important first step on the legislative journey to reauthorize the Fixing America’s Surface Transportation Act, industry experts said.

Eleanor Lamb | Staff Reporter
July 17, 2019
Government, Business, Safety

FMCSA Proposes Two-Year Delay of Entry-Level Driver Training Rule Due to IT Glitches

Federal trucking regulators have proposed a two-year delay for compliance with certain provisions in the Entry Level Driver Training rule to allow more time for development of the secure electronic transfer of information to the certified training provider registry and state driver licensing agencies.

Eric Miller | Senior Reporter
July 17, 2019
Government, Business, Safety

Transportation Investment Bills Can Succeed With Officials’ Support, Experts Say

WASHINGTON — Support from state and local officials is vital for the success of transportation funding measures, according to road building experts.

Eleanor Lamb | Staff Reporter
July 17, 2019
Business, Technology, Safety, Autonomous

Peloton to Develop System for Driverless Following Truck in Platooning

Peloton Technology Inc. announced it is expanding its vision for truck platooning and driver productivity.

Roger Gilroy | Senior Reporter
July 17, 2019