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.

Government, Business, Technology, Autonomous

Blockchain Not Yet Mature, but Digital Ledger Holds Promise for Transportation

AUSTIN, Texas — Blockchain has been the subject of extensive hype and much confusion, but this distributed general ledger technology holds the potential to boost efficiency and visibility in the transportation sector as the initial excitement gives way to real business cases, according to trucking technology experts.

Seth Clevenger | Managing Editor, Features and Multimedia
October 29, 2018
Business, Technology, Equipment, Autonomous

I.D. Systems Introduces New Cargo-Tracking Product Line

AUSTIN, Texas — I.D. Systems has introduced a new line of trailer-tracking and cargo-monitoring products designed to give fleets more insights about their shipments and also demonstrated a voice-activated reporting interface to help them better utilize that data.

Seth Clevenger | Managing Editor, Features and Multimedia
October 29, 2018
Business, Fuel

Volvo Announces New Fuel-Efficiency Program for VNL 760, 860 Models

AUSTIN, Texas — With the price of diesel steadily rising, Volvo Trucks is promoting the improved fuel efficiency of its new Xceed package that will be available in January on its 2020 model-year VNL 760 and VNL 860 trucks.

Dan Ronan | Senior Reporter
October 29, 2018
Business, Equipment, Safety

Mack's Anthem Gets Improved Fuel-Efficiency Package

AUSTIN, Texas — Mack’s Anthem truck with the HE plus package will have as much as a 9.5% improvement in fuel efficiency because of its new aerodynamic package, Mack Trucks Inc. said.

Dan Ronan | Senior Reporter
October 29, 2018
Government, Business

More China Tariffs Planned if Xi Meeting Fails

The U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if November talks between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said.

October 29, 2018
Business, Fuel

Diesel Prices Drop for Second Consecutive Week to $3.355 a Gallon

The average price of diesel dropped for the second consecutive week, the U.S. Energy Information Administration reported.

October 29, 2018
Government, Business

ATA Honors Four With Mike Russell Awards for Industry Efforts

AUSTIN, Texas — American Trucking Associations recognized a motor carrier, a trucking organization, a travel center operator and a professional driver with Mike Russell Trucking Image Awards on Oct. 29.

Eleanor Lamb | Staff Reporter
October 29, 2018
Business

Greenbrier, Saudi Railway Company Form Joint Venture

The Greenbrier Cos. and Saudi Railway Co. have announced that they will together invest and generate investments totaling $270 million in the Saudi rail industry. They plan to establish a joint venture company in Saudi Arabia to execute railway projects and supply rail cars.

October 29, 2018
Government, Business, Safety

ATA's Chris Spear Calls for Unity, Collaboration Going Forward

AUSTIN, Texas — American Trucking Associations President Chris Spear delivered a message of unity, partnership and the importance of representation at the Management Conference & Exhibition on Oct. 29.

Eleanor Lamb | Staff Reporter
October 29, 2018
Government, Business

ENGS Commercial Finance to Be Acquired by Japan’s Mitsubishi Corp.

Stockholders of ENGS Commercial Finance have agreed to sell the business to Mitsubishi UFJ Lease & Finance Co., an affiliate of Mitsubishi Corp. in Japan, for an undisclosed amount.

October 29, 2018