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.
Electric Trucks Could Save Europe 11 Billion Barrels of Oil Through 2050
Transforming the European Union’s truck fleet to electric and hydrogen vehicles from diesel-powered engines could cut oil use by as much as 11 billion barrels through 2050, or more than two years’ worth of imports.
Trucks Targeted for Toll Increase in Indiana’s Infrastructure Plan
Indiana Gov. Eric Holcomb’s recently announced $1 billion infrastructure plan will rely on a 35% increase to the rates that pertain to trucks on the Indiana Toll Road.
Utah Driver Sues Tesla After Crashing in Autopilot Mode
SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.
Dot Foods Owner Buys TAGG Logistics
Dot Family Holdings has acquired TAGG Logistics, a St. Louis-based company that provides fulfillment services for goods purchased online.
California Wildfire Forces Truckers to Abandon Rigs on Highway
REDDING, Calif. — An explosive wildfire that closed down dozens of miles of a major California freeway nearly tripled in size overnight, just weeks after a nearby blaze that left neighborhoods in ruins and killed eight people, officials said Sept. 6.
September 6, 2018US Productivity Grew at Strong 2.9% Rate in Q2
WASHINGTON — The Labor Department on Sept. 6 affirmed last month’s report that U.S. productivity increased at an annual rate of 2.9% in the second quarter.
Ford Recalls 2 Million F-150 Pickups Over Seat Belts
DETROIT — Ford is recalling about 2 million F-150 pickups in North America because the seat belts can cause fires.
September 6, 2018Survey: US Companies Added a Solid 163,000 Jobs in August
WASHINGTON — U.S. businesses added 163,000 jobs in August, a private survey found, a decent gain that suggests that employers are confident enough to keep hiring.
Bendix Updates ADAS Technology With Eye on the Future
Bendix Commercial Vehicle Systems announced the next generation of both its Wingman Fusion advanced driver assistance system and its BlindSpotter side object detection system.
Asset Tracking Spreads to Intermodal Chassis
While asset-tracking devices are finding increased adoption with intermodal container fleets, uptake for that venerable old workhorse of the intermodal supply chain — the chassis — faces different challenges.
September 5, 2018