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, Autonomous

Self-Driving Truck Startups TuSimple, Ike Attract More Investment to Fuel Development

Self-driving truck startups TuSimple and Ike both announced new funding in February to fuel the continued development of their automated driving systems for commercial vehicles.

Seth Clevenger | Managing Editor, Features and Multimedia
February 13, 2019
Business, Technology

4 Ways to Improve Your Fleet By Managing Driver Hours

Tracking is a well-known telematics feature, but it’s just the start of what telematics can do. In the latest white paper from MiX Telematics, we’ll explore how monitoring and analyzing driver hours can drastically improve a fleet's safety, efficiency and compliance.

February 13, 2019
Business, Technology

Opinion: Manage Driver Turnover by Avoiding the ‘Threats to Retention’

As everyone in the trucking industry knows, the driver shortage persists. With bonuses and incentives tempting drivers to come and go between motor carriers, retention can be a challenge. However, carriers can better manage this turnover by avoiding what Norris Beren calls “threats to retention.”

Norris Beren | Chief Executive Advisor, Risk Reward Consulting
February 12, 2019
Government, Business

Canada to Resume Publishing Trade Data Delayed by US Shutdown

Canada’s statistics agency plans to resume publishing merchandise trade reports next month, after the end of a U.S. government shutdown that deprived it of export data.

Greg Quinn | Bloomberg News
February 12, 2019
Government, Business, Logistics

New York Mayor Bill de Blasio Calls Amazon’s HQ2 Jobs ‘Mission Critical’

Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.”

February 12, 2019
Business, Technology, Equipment

Daimler Expects Supply Chain Constraints to Continue in 2019

Daimler Trucks is not optimistic that supply chain constraints will improve anytime soon to clear up ongoing shortages that have interrupted commercial vehicle production over the past 12 to 18 months amid record demand.

Roger Gilroy | Senior Reporter
February 12, 2019
Government, Business, Fuel

OPEC Sees Weaker Demand for Its Crude as US Oil Supply Thrives

OPEC reduced its estimate for the amount of crude the world needs it to pump this year as U.S. production continues to thrive and the demand outlook falters.

Grant Smith | Bloomberg News
February 12, 2019
Government, Business, Safety

PennDOT Officials Assess 19 Responses on Truck Parking Solutions

The Pennsylvania Department of Transportation is reviewing industry responses to its request for input on the prospect of initiating a public-private partnership to help the state address its shortage of truck parking.

Eleanor Lamb | Staff Reporter
February 12, 2019
Business, Equipment

Volvo Trucks Adds Upgrade for Ergonomic Workstations

Volvo Trucks is offering an ergonomically advanced workstation as an option on its VNL 760, 740 and VNX 740 models.

February 12, 2019
Business, Technology, Equipment, Safety

J.J. Keller to Offer Dash-Mounted Camera

J.J. Keller will add video event hardware and management tools to its line of safety and compliance solutions beginning in April.

February 12, 2019