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

Next Trucking Partners With International Shipping Giant Mitsui O.S.K. Lines

A company that got its start as an online marketplace to connect drivers and loads is branching out to provide a broader array of logistics services between the United States and China.

Dan Ronan | Senior Reporter
March 20, 2018
Government, Business, Technology, Equipment, Autonomous

Trump Infrastructure Proposal Could Fund Self-Driving Truck Lanes, DOT Official Says

Projects aimed at building dedicated lanes for self-driving trucks would qualify for funds under President Donald Trump’s infrastructure proposal unveiled last month, a top federal transportation official said March 16.

Eugene Mulero | Senior Reporter
March 20, 2018
Business, Technology, Equipment, Safety, Autonomous

Toyota Pauses Robot-Car Program Citing Drivers’ Emotional Toll

Toyota Motor Corp. has halted tests of its “Chauffeur” autonomous driving system on U.S. public roads after a Uber Technologies Inc. vehicle operating in autonomous mode under the supervision of a human safety driver struck and killed a woman in Tempe, Arizona, on March 18.

John Lippert | Bloomberg News
March 20, 2018
Business, Logistics

As Transportation Costs Mount, Amazon Is Squeezing Suppliers to Curb Losses in Price Wars

Amazon.com Inc., locked in a margin-crushing price war, is offloading costs onto suppliers and limiting the number of single, low-priced items shoppers can purchase in an effort to offset rising shipping costs.

Spencer Soper | Bloomberg News
March 20, 2018
Business, Technology, Equipment, Safety, Autonomous

Uber Crash Is Nightmare Driverless World Feared but Expected

Waymo recently showed a video of people riding in its self-driving minivans. They thumbed their phones, yawned and one snoozed. he message: Driverless cars are so safe, they’re boring.

March 20, 2018
Business, Technology, Equipment, Safety, Autonomous

Uber Death Elicits Warning From Teamsters Wary of Robo-Truckers

The largest union for U.S. truck drivers, which has taken a cautious view of autonomous vehicles, called for stronger safeguards after a self-driving SUV operated by Uber Technologies Inc. killed a pedestrian in Phoenix on March 18.

Ryan Beene | Bloomberg News
March 20, 2018
Business, Fuel

Warren Buffett Reveals He Paid $2.786 Billion for Stake in Pilot Flying J

Warren Buffett said his Berkshire Hathaway Inc. made only one “sensible” stand-alone acquisition last year, and it didn’t do much for his growing pile of cash.

Katherine Chiglinsky | Bloomberg News
March 20, 2018
Business

Knight Acquires Abilene Motor Express

Phoenix-based Knight-Swift Transportation Holdings will acquire privately-held Abilene Motor Express for an undisclosed purchase price.

Dan Ronan | Senior Reporter
March 19, 2018
Business, Equipment

Kenworth T680 Adds Integrated Powertrain Option

Kenworth Truck Co. announced that its T680 on-highway flagship Class 8 is now available for order for the first time with the combination of the Paccar MX-11 engine and the new Paccar automated transmission.

March 19, 2018
Business, Technology

Penske Truck Leasing Adds Digital Prompts for Maintenance Technicians

Penske Truck Leasing Co. has begun using fully digital and voice-directed truck fleet preventive maintenance processes that technicians follow when working on its fleet of more than 266,000 vehicles.

March 19, 2018