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.
Capitol Agenda for the Week of July 9: Get Lyft’ed
More than a flashy, pill-shaped light to be placed on the dashboard, it’s a tool to further advance the transportation sector’s culture of safety. We’re talking, of course, about the Lyft Amp. Here's a look at the week ahead for trucking on Capitol Hill.
Cosco Clears US Hurdle on Orient Overseas With Wharf Sale
Cosco Shipping Holdings Co. pledged to sell a container terminal in California, helping allay concerns of U.S. regulators and clearing the way for its $6.3 billion acquisition of Orient Overseas International Ltd. announced last year.
July 9, 2018Daimler’s Emissions Issues Mount With Truck Engine Sale Stop
Daimler AG halted deliveries of one type of diesel engine for trucks over their emissions setup, less than a month after recalling 774,000 autos with prohibited shutoff devices.
Port Authorities of Georgia, South Carolina Partner to Tackle Chassis Shortage
The Georgia and South Carolina port authorities are teaming up to ensure that cargo continues to move in the region.
TireStamp Launches New Tire Pressure Monitoring System
TireStamp announced TireVigil Cloud 2.0, a tire pressure monitoring system that checks each hardware component’s health and detects problems with tire sensors, external TPMS receivers and in-cab electronic equipment.
July 9, 2018Amazon Poised to Propel Cargo Business at Illinois’ Rockford Airport
ROCKFORD, Ill. — Cargo business is poised to maintain its upward trajectory at Rockford’s airport, which has positioned itself as a spoke in the airfreight network that Amazon is building so it can deliver its products without relying solely on traditional shippers such as UPS and FedEx.
Smart Ports: When AI Takes Over Shipping
Artificial intelligence and machine learning for both automated container port management and trucks and ships is already in use or under development in a few key ways.
July 6, 2018World’s Biggest Shipping Market Booms as Trade War Shrugged Off
Whether it’s the price of hiring giant freighters to haul hundreds of millions of tons a year of iron ore and coal, or smaller carriers moving grains, there’s a theme emerging: dry- bulk shipping rates are rallying despite an escalating trade war that may yet damage China’s economy.
Atlanta Scorches Van Loads, Reefer Spot Markets
Atlanta is burning. The Big A is the No. 1 city for spot market posts for van loads and refrigerated loads through the first half of 2018, according to DAT Solutions, the operator of a major freight load board marketplace for North America.
Cosco Shipping to Sell $947 Million of Orient Overseas Shares
Cosco Shipping Holding Co. plans to sell as much as HK$7.43 billion ($947 million) of shares in Orient Overseas International as part of efforts by China’s biggest container-shipping line to maintain the listing status of the rival it is acquiring.