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, Equipment, Logistics

German Auto Innovator Rolf Schnellecke Selected for Logistics Hall of Fame

Rolf Schnellecke, a German executive who led a movement toward outsourcing of parts assembly by automobile manufacturers and the development of just-in-time delivery services, has been selected for the Logistics Hall of Fame.

Daniel P. Bearth | Staff Writer
September 10, 2018
Business, Technology

Peterbilt Plans Enhancements to SmartNav

Peterbilt Motors Co. announced that its SmartNav communications system will soon offer the capability to install and operate the PeopleNet app directly from the truck’s in-cab display.

September 10, 2018
Business, Logistics, Top 50

Perdue Foods, Lineage Logistics Open Distribution Center in Georgia

Perdue Foods announced the opening of a warehouse in Rincon, Ga., to support distribution of the company’s organic poultry products.

September 10, 2018
Business

White House Recognizes ‘Hardworking’ Truck Drivers

The White House praised the nation’s approximately 3.5 million truck drivers in a presidential message Sept. 9, continuing the Trump administration’s trucker-friendly message.

Joe Antoshak | Staff Writer
September 10, 2018
Business

Pilot Flying J Awards Cash Prizes to Drivers

Pilot Flying J awarded cash prizes to winners of an annual contest and also partnered with American Trucking Associations on an outreach campaign in recognition of National Truck Driver Appreciation Week.

Joe Antoshak | Staff Writer
September 10, 2018
Government, Business, Fuel

Oil Demand Seen Peaking by 2023 While Climate Targets Are Missed

Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that still won’t be enough to meet climate goals, according to a forecast from energy and maritime services company DNV GL Group AS.

Kelly Gilblom | Bloomberg News
September 10, 2018
Business, Technology

Citizens Reserve Offers Blockchain Application

Blockchain startup Citizens Reserve announced Suku, a blockchain-based platform intended to help users open new markets, improve operations and reduce costs of running supply chains.

September 10, 2018
Business

Volvo Produces Video to Honor Nation’s Truckers

To thank the professional truck drivers “who literally move our world,” Volvo has released a short film in conjunction with National Truck Driver Appreciation Week. Titled “The Movers,” it lasts for about a minute and a half and includes a variety of images of truckers and vehicles at work.

Joe Antoshak | Staff Writer
September 10, 2018
Government, Business, Technology, Equipment, Safety, Logistics, Autonomous

Capitol Agenda for the Week of Sept. 10: Welcome to Normaltown

For all of the hysteria pundits have heaped on Washington in recent weeks, the current state of affairs really isn't abnormal. Here's a look ahead to the week for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
September 10, 2018
Business

Drivers Can Earn Points at Love’s

Thousands of professional drivers will win 10,000 My Love Reward points ($100 retail value), and one driver will win 1 million points ($10,000 retail value), from Love’s Travel Stops as part of the company’s National Truck Driver Appreciation Week celebration.

Joe Antoshak | Staff Writer
September 10, 2018