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.
Competition Heats Up for Lidar Sensors in Autonomous Sector
As the race to create robot cars intensifies, a secondary race is underway: a high-stakes competition to develop the sensors that serve as the cars’ “eyes.” Lidar, a light-sensing form of radar, provides vision for the vast majority of autonomous vehicles being developed, but now there are dozens of companies with different twists on it.
Michelin to Acquire Tiremaker Camso for $1.45 Billion
French tiremaker Michelin is bolstering its specialty business with a $1.45 billion deal to buy Camso, a Canadian producer of rubber tracks for farm equipment and snowmobiles.
Legends of LTL Gather to Remember Achievements
PITTSBURGH — Charles Hammel III says he owes much of his family’s success in the trucking business to those who came before he and his brother Robert established Pitt Ohio Express in 1979.
Fleets Target Opportunities in Growing Final-Mile Sector
It was not so long ago that home delivery of products such as furniture, mattresses and televisions was straightforward and rigid, with few choices for customers.
Proposed UPS-Teamsters Pact Reveals Expanded Driver Operations
Details of a tentative new labor deal between UPS Inc. and the International Brotherhood of Teamsters have begun to emerge, including specifics on expansion of the parcel carrier’s team-driving operations and pay increases for its drivers.
ARTBA Awards Safety Certification Credentials to 48 Industry Professionals
Over the past few months, some 48 individuals have become credentialed through the American Road and Transportation Builders Association’s safety certification designed for transportation project professionals.
EPW Chairman, EPA Acting Chief Andrew Wheeler Discuss Plans for Senate Hearing
WASHINGTON — The country’s top protector of the environment’s first U.S. Senate appearance should occur before the Environment and Public Works Committee, the chairman of the committee told Transport Topics on July 11.
Driver Arrested After Stolen Tractor-Trailer Catches Fire on I-10 in Florida
A tractor-trailer fire on Interstate 10 in Florida led to the arrest of a Georgia man who had allegedly stolen the trailer.
July 12, 2018Trump’s Tariff Barrage Pushes China Fight to Point of No Return
U.S. President Donald Trump is pushing his trade conflict with China toward a point where neither side can back down.
Huge Warehouse Projects Kick Off at AllianceTexas
Dallas-Fort Worth, one of the country’s top industrial building markets with 22 million square feet under construction, is adding more warehouse space.