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, Logistics

Indonesian Logistics Startup Waresix Lands $1.6 Million Funding

Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.

October 29, 2018
Business, Technology, Logistics

Haven Launches Platform to Aid Carriers, Shippers With Bookings

Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.

October 29, 2018
Business

Milestone Chassis Expands Footprint in Western, Midwestern Markets

Transportation equipment company Milestone Chassis is looking to address nationwide chassis shortages with several service improvements and two new locations.

October 29, 2018
Government, Business, Safety

Marijuana Legalization Poses Perplexing Issue for Industry

AUSTIN, Texas ­— There is a great unknown for how federal and state enforcement authorities as well as trucking companies will come to grips with the proliferation of state laws permitting medical and recreational use of marijuana, a panel of trucking executives said.

Eric Miller | Senior Reporter
October 28, 2018
Business, Technology, Equipment, Safety

ATA Honors Industry Champions, Leaders at MCE

AUSTIN, Texas — American Trucking Associations recognized champions from recent industry events, trucking companies focused on safety, emerging leaders and state trucking association executives during its annual Leadership and Awards Luncheon.

Roger Gilroy | Senior Reporter
October 28, 2018
Government, Business, Safety

FMCSA’s Ray Martinez Indicates Concern Over California’s Meal, Rest Break Rule

AUSTIN, Texas — As the Federal Motor Carrier Safety Administration prepares to evaluate comments related to California’s meal-and-rest-break requirements, its administrator expressed concern over the state’s rules, which differ from federal regulations.

Eleanor Lamb | Staff Reporter
October 28, 2018
Business, Technology

Lytx Extracts Safety Insights From 100 Billion Miles of Driving Data

AUSTIN, Texas — Lytx Inc., a supplier of video-based telematics systems for fleets, shared insights and trends about safety in the trucking industry based on 100 billion miles of driving data captured by its onboard recorders.

Seth Clevenger | Managing Editor, Features and Multimedia
October 28, 2018
Business, Technology, Equipment

FlowBelow Upgrades Trailer AeroSlider, Announces SmartWay Verification

AUSTIN, Texas — FlowBelow Aero Inc., a supplier of aerodynamic systems for tractors and trailers, announced upgrades to its Trailer AeroSlider and said the latest version of the product has been verified for the U.S. Environmental Protection Agency’s SmartWay program.

Seth Clevenger | Managing Editor, Features and Multimedia
October 28, 2018
Business, Technology, Equipment

Deflecktor Adds Lock to Wheel Covers

AUSTIN, Texas — Aerodynamic wheel cover manufacturer Deflecktor has added a locking mechanism to its Hardspot product line, addressing a concern expressed by original equipment manufacturers, company founder and President John Fleck said.

Joe Howard | Executive Editor
October 28, 2018
Business

DriverReach Expands Digital Platform to Speed Up Driver Hiring

AUSTIN, Texas — With the trucking industry facing a critical shortage of more than 50,000 drivers, Indianapolis-based DriverReach unveiled an online platform for companies and drivers that the human resources tech company said will accelerate the hiring process of drivers.

Dan Ronan | Senior Reporter
October 28, 2018