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

The Trailer’s Turn in the Tech Spotlight

It’s long been the case in our industry that trailers play second fiddle to the increasingly high-tech tractors that pull them. But times are changing.

Seth Clevenger | Managing Editor, Features and Multimedia
May 24, 2019
Government, Business

Maersk Shares Tank After CEO Talks to Analysts About Trade War

Shares in the world’s biggest shipping company slumped May 24 after its CEO started discussing the fallout of global trade tensions on his industry.

May 24, 2019
Business, Technology, Equipment

Competition Heats Up in Trailer-Tracking Market

As the capabilities of onboard sensors and trailer-tracking systems have expanded, so has the level of competition in this segment of the trucking technology market.

Seth Clevenger | Managing Editor, Features and Multimedia
May 24, 2019
Business, Technology, Equipment

Shaping the Future of Asset Management

Technology adoption in the trucking industry typically focuses first on the back office and in the cab of the truck, but the proliferation of internet-connected devices and onboard sensors in recent years has increasingly pulled the trailer into the forefront of the conversation.

Katie Pyzyk | Special to Transport Topics
May 24, 2019
Government, Business

US Orders for Long-Lasting Goods Fall 2.1% in April

WASHINGTON — Orders to U.S. factories for large manufactured goods fell sharply in April, pulled down by lower demand for commercial aircraft and cars.

Christopher Rugaber | Associated Press
May 24, 2019
Business, Safety

Pennsylvania Native Jason Herko Set for Return to Home State as Kentucky Grand Champion

Jason Herko was born in Pennsylvania and as a child lived in Jamaica. Now, he is heading back to his birth state as Grand Champion of the Kentucky Truck Driving Championships.

Aaron Perryman | Associate Editor
May 24, 2019
Business, Safety

Colorado Driving Titans to Compete in Tank Truck

A battle of the titans is shaping up in the Tank Truck division at the Colorado Truck Driving Championships on June 1 in Henderson.

Linda Tufano | Content Manager
May 24, 2019
Business, Equipment, Safety

Mississippi Fleet Preps Young Drivers for Road Ahead

John Stomps, CEO and founder of Total Transportation of Mississippi, said the need for drivers caused him to look into a new strategy in January 2018 — one that involves training those between the ages of 18 and 20 to haul freight interstate.

Jim Stinson | Staff Reporter
May 24, 2019
Business, Technology

Using Technology for Positive Driver Engagement

As with any remote employee, a driver’s performance can be overlooked until something bad happens that results in an uncomfortable conversation. In this webinar, we will share some tools and best practices for proactively incorporating more positive reinforcement into your safety program that can boost driver satisfaction and overall fleet performance.

May 23, 2019
Business, Fuel

Shell Carbon-Capture Plant Hits 4 Million-Ton Milestone Early

A Royal Dutch Shell-operated carbon capture and storage project in Canada has hit a milestone of sequestering 4 million tons of carbon dioxide about six months ahead of schedule and at a lower cost than estimated, helped by better-than-expected reliability.

May 23, 2019