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.
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.
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.
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.
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.
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.
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.
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, 2018Spear: 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.
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.
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