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.

Government, Business

Mnuchin Seeks to Douse Trade-War Fears Over Trump Metal Tariffs

Treasury Secretary Steven Mnuchin said the Trump administration isn’t trying to provoke a global trade fight with the steel and aluminum tariffs announced last week.

Saleha Mohsin | Bloomberg News
March 6, 2018
Government, Business, Equipment, Logistics

Port of Virginia Starts New Truck-Appointment System at Norfolk International Terminals

The Port of Virginia began phasing in a new appointment system for truckers calling on its biggest facility – Norfolk International Terminals – part of an effort to cut congestion as cargo volumes continue to grow.

Robert McCabe | The (Norfolk) Virginian-Pilot
March 6, 2018
Business, Equipment

VW Weighs Strategic Options for Truck Division Revamp

Volkswagen AG officials are discussing options to prepare the truck division for access to the capital markets, potentially paving the way for an initial public offering of shares or a bond sale by the unit, according to people familiar with the matter.

Christoph Rauwald | Bloomberg News
March 6, 2018
Business, Technology, Fuel

Shell Debuts Fuel-Efficient Truck Concept

ATLANTA — Shell Rotella in cooperation with Airflow Truck Co. introduced the “Project Starship” concept truck here, a hand-built, street-legal, one-of-a-kind tractor-trailer equipped with technologies and equipment designed to maximize fuel efficiency.

Joe Howard | Executive Editor
March 6, 2018
Business, Technology, Equipment, Safety, Autonomous

Uber’s Self-Driving Trucks Now Hauling Freight in Arizona

Uber Technologies Inc. announced that its self-driving commercial trucks are now conducting regular freight hauls in Arizona through the Uber Freight network.

Seth Clevenger | Managing Editor, Features and Multimedia
March 6, 2018
Business, Technology, Safety

Stoneridge Expands Fleet Evaluations of Camera Monitor System

ATLANTA — Stoneridge Inc. announced it will accept more carriers in its ongoing fleet evaluation of the company’s MirrorEye Camera Monitor System, intended eventually to replace traditional mirrors.

Roger Gilroy | Senior Reporter
March 6, 2018
Business, Technology, Equipment

2018 TMC Ribbon Cutting

TMC General Chairman Glen McDonald cuts the ribbon to open the exhibit hall for the 2018 Technology & Maintenance Council annual meeting at the Georgia World Congress Center.

March 5, 2018
Government, Business, Technology, Autonomous

Spear: Trucking to Play Key Role in Autonomous Policy

ATLANTA — New federal guidance on automated cars and trucks to be unveiled this year will include the input from the trucking industry, American Trucking Associations President Chris Spear said at the Technology & Maintenance Council annual meeting March 5.

Eugene Mulero | Senior Reporter
March 5, 2018
Business, Equipment

Eaton Posts Net Income, Revenue Gains for Fourth Quarter, 2017

Power management company Eaton Corp. reported higher earnings and revenue for the fourth quarter and full-year 2017 periods, spurred by gains in its electrical products and an improving vehicle segment.

Roger Gilroy | Senior Reporter
March 5, 2018
Business, Fuel

Diesel Drops 1.5¢ to $2.992 a Gallon

The U.S. retail diesel average dropped 1.5 cents to $2.992 a gallon, its fourth consecutive decline, the Department of Energy reported March 5.

March 5, 2018