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, Fuel

Michigan, Canadian Pipeline Company Reach Agreement

TRAVERSE CITY, Mich. — Michigan Gov. Rick Snyder’s administration and Canadian pipeline giant Enbridge have agreed to replace twin 65-year-old crude oil pipes in a channel linking two of the Great Lakes with another that would run through a tunnel far below the lake bed.

John Flesher | Associated Press
October 3, 2018
Business

US Auto Sales Fell 4% in Q3

Major automakers said Oct. 2 that U.S. sales fell 7% in September and 4% for the June-through-September quarter, compared with the same periods last year.

October 3, 2018
Government, Business, Technology, Equipment, Logistics

The ELD Mandate, Part II

The compliance clock is ticking for fleets that still use automatic onboard recording devices rather than those that meet the new ELD specifications.

Seth Clevenger | Managing Editor, Features and Multimedia
October 3, 2018
Business, Technology, Autonomous

Daimler, Renault-Led Alliance Ready for Self-Driving, Mobility Cooperation

Daimler AG and the Renault-Nissan-Mitsubishi alliance see opportunities to collaborate on mobility offerings as well as connected and self-driving cars, a move that would push their partnership into new territory.

October 3, 2018
Business, Technology, Equipment

Trucking Technology Begins to Find Its Voice

Voice-activated digital assistants such as Apple’s Siri and Amazon’s Alexa are all the rage in consumer electronics right now, and some developers are beginning to apply this technology to the trucking industry to enhance safety and efficiency.

Katie Pyzyk | Special to Transport Topics
October 3, 2018
Business, Technology, Autonomous, Top 50, Top 100

XPO Logistics Set to Acquire 5,000 Robots From Peter Thiel-Backed Startup

XPO Logistics Inc. will buy 5,000 warehouse robots from a Singapore startup backed by billionaire Peter Thiel as part of a deal that makes XPO the only logistics provider to use the technology in North America, the U.K. and eight other European countries.

Thomas Black | Bloomberg News
October 3, 2018
Business, Technology, Logistics, Top 100

The Integration Challenge

The cloud computing services offered by businesses such as Amazon Web Services, Google and Microsoft Azure have made integration easier to accomplish. But there's a catch: The task of integrating systems “is never-ending,” technology executives say.

Stephen Bennett | Special to Transport Topics
October 3, 2018
Business

Recruitment, Retention, Rewards - Using Video to Address the Driver Shortage

The best-run fleets are using their data-driven reward program as a differentiator to attract and retain quality drivers. Learn why encouraging safe driving with a data-driven rewards program can be far less expensive than paying for risky driving that results in collisions and claims.

October 3, 2018
Business

New Kenworth W990 to Deliver Capitol Christmas Tree

When the U.S. Capitol Christmas tree arrives in Washington from the Willamette National Forest in Oregon, it will have taken a nearly 2,800-mile journey from the Pacific Northwest to the Eastern Seaboard on a new Kenworth W990 truck, delivered by Central Oregon Truck Co.

Dan Ronan | Senior Reporter
October 2, 2018
Government, Business, Technology, Logistics, Perspective

Opinion: Combating Congested Interstates Through Blockchain

Blockchain could serve as the much-needed replacement for the industry's legacy electronic data interchange system, updating supply chain logistics for the digital and big-data age and tackling the nation’s congestion problems in the process.

Rick Burnett | CEO, LaneAxis
October 2, 2018