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.
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.
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.
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.
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.
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, 2018Uber 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.
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.
Knight Acquires Abilene Motor Express
Phoenix-based Knight-Swift Transportation Holdings will acquire privately-held Abilene Motor Express for an undisclosed purchase price.
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, 2018Penske 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