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.
Autonomous Trucking Gaining Ground in China
In China, autonomous trucking is coming faster than expected. Chinese driverless truck startup Fabu Technology said June 12 that its driverless trucks already have taken part in open road tests and it plans to offer intercity cargo transportation this year, which is expected to radically reshape the nation’s freight transportation market.
Medium-Duty Sales Advance Again on Class 6 Strength
U.S. retail sales of medium-duty trucks rose 13.7% in May to 20,801, driven by large gains in demand for Class 6 trucks, a highly competitive sector.
VW Agrees to $1.2 Billion Fine as Diesel Crisis Grinds On
Volkswagen AG will pay a $1.2 billion fine ($1 billion euro) imposed by German prosecutors for cheating to get around diesel-emissions regulations, closing one chapter in a three-year-old crisis even as new developments arise.
West Virginia State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 West Virginia Truck Driving Championships June 9 in Nitro, W.Va. (Photos courtesy of the West Virginia Trucking Association)
June 13, 2018Delivery Boom Breeds Hiring Crisis: Finding Enough Drivers
Every season now seems like peak season for Leonard Wright, who’s constantly recruiting drivers to staff his INPAX Shipping Solutions.
South Carolina Ports Break May Volume Record Despite Key Bridge Closure
Despite the partial closure of an important interstate bridge in the Charleston area, South Carolina ports broke their May record for the volume of containers handled.
Trucking Industry Adjusts to ELD Mandate as Focus on HOS Compliance Sharpens
The U.S. trucking industry is continuing to adjust to the federal electronic logging device mandate that took effect late last year.
Senate Panel to Review Autonomous Vehicles Policy June 13
While senators wait for Republican leaders to schedule a vote on an autonomous vehicles bill, a Senate committee will examine the potential impact allowing such vehicles could have on the country’s surface infrastructure.
KAG Merges Two Units Into Merchant Gas Group
Kenan Advantage Group Inc. announced it merged its two merchant gas subsidiaries — Jack B. Kelley and Cryogenic Transportation — into KAG Merchant Gas Group.
June 12, 2018DTNA Expands Connectivity Services on Cascadia Model
Daimler Trucks North America introduced two new connectivity services into its Detroit Connect portfolio, Detroit Connect Direct and a wireless in-cab device connection.
June 12, 2018