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.
Trillium to Upgrade Austin, Texas, CNG Station for Heavy-Duty Trucks
Trillium will upgrade the compressed natural gas station in Austin, Texas, to provide easier access and fast-fill capability for heavy-duty vehicles fueling with CNG.
September 10, 2018Walmart Doubles Spending in Battle for Truckers
Walmart Inc., pinched by the worsening shortage of truckers, plans to double its spending on attracting and retaining drivers by year-end.
Kenworth Opens New Dealership in Baltimore
Baltimore is the newest addition to Kenworth’s dealer network, opening Kenworth Mid Atlantic through a partnership between Tri-State Kenworth and Chesapeake Truck.
September 10, 2018Old Dominion Reports Strong August Numbers
Old Dominion Freight Line Inc. reported certain less-than-truckload operating metrics for August, including higher revenue, increases in tons per day and a slight decrease in LTL weight per shipment.
September 10, 2018U.S. Xpress Bids to Recruit Millennials With Scholorship Program
The deepening crisis of a truck-driver shortage that already is leading to higher prices for agricultural produce and threatening to stoke inflation is forcing trucking companies to find creative solutions.
Trimble Moves to Unite Its Trucking Technology Businesses
HOUSTON — Trimble has acquired some of the biggest names in the trucking technology sector over the past several years. Now the global technology firm is taking steps to more closely unite those businesses, including PeopleNet, TMW Systems, ALK Technologies and 10-4 Systems, to provide an end-to-end platform under the Trimble brand.
Daimler Plots Two-for-One Autonomous Van for City Transport
Daimler AG is developing an autonomous electric vehicle that can toggle between a people carrier and a delivery van as the German manufacturer seeks an edge over rivals such as Alphabet Inc.’s Waymo and Deutsche Post AG in shaping the future of mobility.
EPA Inspector General to Audit Agency’s Emissions Test on Gliders
At the request of four Republican congressmen, the Office of Inspector General for the Environmental Protection Agency has announced plans to conduct an audit of a 2017 EPA study that concluded glider trucks are bigger polluters than trucks that meet newer federal emissions standards.
Manual Transmissions Rapidly Becoming a Thing of the Past
Bryan Berg drives a semi with a 13-speed transmission, and he’s been double-clutching and shifting gears in his rig for 30 years. He’s not about to start driving a truck that shifts automatically.
AI Hedge Fund Is Said to Liquidate After Less Than Two Years
The fledgling world of AI hedge funds is claiming one of its first casualties.