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, Technology, Equipment, Safety, Autonomous, TCA

Nation’s First Self-Driving Car Service for the Public Coming to Texas

FRISCO, Texas — The nation’s first self-driving car service for the public will begin here in July.

Valerie Wigglesworth | The Dallas Morning News
May 8, 2018
Business, Technology, Fuel

Trillium Changes Name to Reflect Full-Service Offerings

LONG BEACH, Calif. — Trillium CNG has changed its name to Trillium, a move that reflects the company’s full-service offerings in the alternative-fuels industry and a partnership with California-based EV Connect, a provider of electric-vehicle charging solutions.

May 8, 2018
Business, Equipment

Paccar Increases Quarterly Dividend

Paccar Inc. declared a 12% increase to the regular quarterly cash dividend.

May 8, 2018
Business, Equipment

Dodge’s and Chevy’s Deep Discounts Portend Old-Pickup Price War

Fiat Chrysler Automobiles NV and General Motors Co. have trimmer, high-tech trucks coming this year that will fetch top-dollar prices. For now, the automakers are dialing up discounts on outgoing models.

Keith Naughton | Bloomberg News
May 8, 2018
Business

U.S. Xpress Plans to Pursue IPO

Truckload carrier U.S. Xpress announced May 8 it intends to pursue an initial public offering of its Class A common stock, and the Chattanooga, Tenn.-based company has submitted its paperwork to the U.S. Securities and Exchange Commission.

May 8, 2018
Government, Business, Safety

Leaving Las Vegas: A Drive to Phoenix on U.S. 93 That Many Drivers Don’t Relish

U.S. 93 out of Las Vegas is among the most dangerous and congested routes for some drivers.

Eric Miller | Senior Reporter
May 8, 2018
Government, Business, Technology, Equipment, Logistics

Fifty-Mile Drone Flights Beckon as Industry Pushes FAA on Rules

Retailers, railroads and electricity companies are pressing for U.S. government approval to fly drones longer distances. Regulators, geared to an aviation industry that can take five years to get a new jetliner in the air, are struggling to adjust to the breakneck pace.

Thomas Black | Bloomberg News
May 8, 2018
Business, Technology, Equipment, Fuel

Peterbilt Displays All-Electric Class 8 Truck

LONG BEACH, Calif. — Peterbilt Motors Co. displayed its all-electric Model 579 day cab tractor at the Advanced Clean Transportation Expo, which was held April 30-May 4.

May 8, 2018
Government, Business, Safety

Boulder City Braces for New Interstate to Offset Tourist, Truck Traffic

The Boulder City, Nev., area will soon be home to a new interstate highway, according to Federal Highway Administration.

Eleanor Lamb | Staff Reporter
May 8, 2018
Business, Technology, Equipment

Dana, Workhorse Focus on E-Drive Axle

LONG BEACH, Calif. — Dana Inc. and Workhorse Group Inc. showed a concept model medium-duty truck designed for city delivery featuring Dana’s Spicer Electrified, an integrated e-drive axle whose lighter weight allows for higher payloads.

May 8, 2018