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, Fuel

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, 2018
Business

Walmart 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.

Matthew Boyle | Bloomberg News
September 10, 2018
Business, Equipment

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, 2018
Business

Old 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, 2018
Business

U.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.

Esha Dey | Bloomberg News
September 10, 2018
Business, Technology

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.

Seth Clevenger | Managing Editor, Features and Multimedia
September 10, 2018
Business, Technology, Equipment, Autonomous

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.

Leonard Kehnscherper | Bloomberg News
September 10, 2018
Government, Business, Equipment

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.

Eric Miller | Senior Reporter
September 7, 2018
Business, Technology, Equipment, Fuel, TCA

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.

Adam Belz | Star Tribune (Minneapolis)
September 7, 2018
Business, Technology, Autonomous

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.

September 7, 2018