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, Logistics

Canadian National Railway Interim CEO Speeds Spending in Rush to Ease Congestion

Canadian National Railway Co.’s new boss is moving quickly to overcome service shortcomings that have curtailed profit and angered customers.

Frederic Tomesco | Bloomberg News
April 23, 2018
Business, Equipment

Hino to Launch Class 8 Series in Canada in 2019

Hino Motors Canada announced it will assemble the new Class 8 Hino XL Series in Woodstock, Ontario, beginning in early 2019.

April 23, 2018
Government, Business, Fuel

While Trump Has His Eye on Gasoline, Diesel Price Is Sneaking Up

As national average gasoline pump prices climb to near $3 a gallon for the first time since late 2014, the President Donald Trump made it known that he won’t stand for OPEC’s cartel tricks. Bad news, Mr. President: Diesel prices are there.

Laura Blewitt | Bloomberg News
April 23, 2018
Government, Business, Equipment, Safety, Logistics, Autonomous

Capitol Agenda for the Week of April 23: Denham Amendment

Rep. Jeff Denham (R-Calif.), Rep. Henry Cuellar (D-Texas) and Rep. Jim Costa (D-Calif.) are seeking consideration on the House floor for an amendment that aims to clarify regulations related to motor carriers in a 1994 aviation policy law. Here's the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
April 23, 2018
Business, Technology, Fuel

Renewable Natural Gas Facilities on the Rise

The Coalition for Renewable Natural Gas released a new map and project database that shows there are now at least 76 operational RNG facilities in the United States and Canada.

April 23, 2018
Business, Technology, Equipment, Autonomous, TCA

Could Self-Driving Bulldozers Help Fix A Housing Shortage?

As the yellow and black bulldozer-like machine zoomed around the construction site preparing the ground for 700 new houses, all that was missing was someone in the driver’s seat.

Marisa Kendall | The Mercury News (San Jose, Calif.)
April 23, 2018
Business, Technology, Fuel

Fuel-Card Partnerships Proliferate Amid Growing Competition for Discounts

Cost savings and conveniences offered through fuel cards are spurring an increase in partnerships among card issuers, truck-stop chains and other industry players as competition heats up in the fuel-discount arena.

April 23, 2018
Business, Equipment

Bendix Air Dryer Reaches Production Milestone

Bendix Commercial Vehicle Systems announced it has produced 5 million of its AD-9 model air dryers, after launching the product in 1989.

April 23, 2018
Business

Existing-Home Sales Rise as Properties Draw Quick Bids

Sales of previously owned U.S. homes rose to a four-month high as buyers, fueled by a solid job market and tax cuts, quickly snapped up the limited number of available properties, National Association of Realtors data showed April 23.

Katia Dmitrieva | Bloomberg News
April 23, 2018
Business

Technology Firm Project44 Raises $35 Million in New Funding Round

Logistics technology firm project44 announced April 17 it raised $35 million in a new funding round led by OpenView Venture Partners.

April 23, 2018