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.
Fleets Eye Camera Systems to Replace Mirrors
Camera monitor systems designed to replace a truck’s conventional side mirrors are getting favorable reviews from drivers, according to executives at fleets that are testing the new technology, which also recently received a nod of approval from federal regulators.
January 25, 2019CVSA: Mirrors Have Role in Roadside Inspections
Camera monitoring systems promise to improve highway safety by giving truck drivers better visibility around the outside of the truck, but removing the mirrors could force highway safety inspectors to change their practices, according to the executive director of the Commercial Vehicle Safety Alliance.
January 25, 2019Google’s Bid to Battle Amazon Suffers Blow As Walmart Withdraws
Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com in e-commerce.
US Crude Production to Beat EIA’s Outlook by 23 Years
A year ago, the U.S. government envisioned American crude production averaging 11.95 million barrels a day in 2042. Shale drillers are set to exceed that this year.
Truck OEMs, Suppliers Look to Online Growth, 3D Printing
Equipment and component manufacturers in the trucking industry are looking to expand their online presence and also see potential in 3D printing, both of which could help them reach more customers, they said.
China’s Car Slowdown Begins to Bite as Hyundai Lays Off Workers
As China’s car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world’s biggest market.
Ford Ranks as Revenue Heavyweight Among US Companies
Ford Motor Co.’s haul from selling just pickups and commercial vehicles rivals household-name companies including IBM and Boeing.
Parts Demand Is Surging
A growing economy and strong new truck sales have increased demand for aftermarket parts, creating supply challenges. Truck manufacturers and component suppliers said they’re working to alleviate pressure on the industry by expanding offerings, improving distribution channels and using predictive forecasting tools to get ahead of demand.
Tackling Electrical Systems
Technicians often don't troubleshoot a truck's electrical system to the extent they could, according to a recent assessment by the Technology & Maintenance Council of American Trucking Associations. Here's why.
January 25, 2019FedEx Express Agrees to Buy International Business From Israeli Firm
FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019