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.
Trimble's Tim Leonard: Why Carriers Should Care About Blockchain
Tim Leonard, chief technology officer at Trimble Transportation, talks about the opportunities blockchain presents for fleets and discusses key business cases in this segment that is part of our Feb. 21 LiveOnWeb program, "Mega Trends in Trucking Technology." More at bit.ly/TT-LOW0221
February 21, 2018Tonnage Rise Pushes Spot Rates Higher
Truck tonnage rose 8.8% in January on a year-over-year basis, according to American Trucking Associations’ monthly for-hire truck tonnage index.
Americans’ Economic Expectations Reach Second-Highest Since 2002
Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.
Texas Official Wants Driverless Lanes on Interstate 35
Bexar County, Texas, Commissioner Kevin Wolff believes that a meeting he had last month in Washington with federal transportation officials could lead to construction of lanes for driverless automated vehicles on the Austin-San Antonio section of Interstate 35.
Analysis: Self-Driving Cars Need Standardized Software to Avoid Crashes
Fans of self-driving cars will have breathed a sigh of relief at the news that Uber and Google’s Waymo, two giants in the industry, have settled their intellectual-property lawsuit. This removes a huge distraction for companies, freeing them up to focus on their own research.
More Vocational Fleets Opting for Automated Transmissions
An aging driver population and the addition of vocational-specific features are the top reasons fleet managers and industry executives cited for growth in two-pedal transmission use among vocational truck buyers.
Port Tampa Bay Welcomes First Shipment of Bananas in 21 Years
More than two decades after the last bunch arrived on shore, bananas are back at Tampa’s port.
Truck Driving Makes 2018 List of Toughest Jobs to Fill
The truck driving profession is on the top 10 list for CareerCast’s 2018 Toughest Jobs to Fill report, which CareerCast Online Content Editor Kyle Kensing believes is the result of the recession and skills gap.
FourKites Garners $35 Million From Investors to Expand Business
FourKites has received $35 million from investors to fund expansion of its shipment tracking technology to new international markets and to develop new products.
Port of New Orleans ‘Evolution’ Could Include Billion-Dollar Project
Increasingly pressed for space upriver as cargo business continues to grow, Port of New Orleans officials are looking at the idea of building a new $1 billion-plus container terminal and distribution facility on a 675-acre undeveloped tract of land in nearby Meraux — a project that could create thousands of jobs and provide a major boost to St. Bernard Parish’s long-stagnant economy.