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, Equipment

Tennessee University Investigating Possible Research Misconduct in Glider Vehicle Testing

Officials at a Tennessee university are investigating allegations of possible research misconduct in connection with a glider vehicle emissions study that concluded glider vehicles with remanufactured engines do not pollute the air any more than heavy trucks with newer engines.

Eric Miller | Senior Reporter
February 16, 2018
Business

P.A.M. Transport Sees Upturn in Fourth Quarter

P.A.M. Transportation Services Inc. reported higher revenue and earnings in the fourth quarter, bolstered by increased demand for truckload hauling and higher rates. Full-year profit, however, slumped as many of the company’s customers demanded lower rates to keep their business.

February 16, 2018
Business, Technology, Equipment, Autonomous

Waymo Gets the OK for a Commercial Driverless Ride-Hailing Service

Waymo, a unit of Alphabet Inc., got a permit in late January from the Arizona Department of Transportation to operate as a Transportation Network Company, according to Ryan Harding, a spokesman at the state agency.

Alistair Barr | Bloomberg News
February 16, 2018
Business, Technology, Equipment, Autonomous

Analysis: Driverless Cars Could Save American Lives

Rural roads are the most dangerous in the country. Making them safer is a matter of public health.

Nathaniel Bullard | Bloomberg News
February 16, 2018
Government, Business, Technology, Equipment, Autonomous, TCA

How Cities in the San Francisco Bay Area Are Paving the Way for Our Autonomous Car Future

SAN FRANCISCO — Within two to three years, bicyclists in Emeryville and Los Gatos will be able to download an app to get more green lights at intersections. Patients at the Veterans Administration Palo Alto Medical Center will be hopping on an autonomous shuttle for appointments.

Erin Baldassari | East Bay Times
February 16, 2018
Business, Technology, Equipment, Autonomous

Russian Self-Driving Car Takes on Snow and Sub-Zero Conditions

Apple Inc.’s engineers are used to the balmy conditions of California. No such luck for those at Yandex NV, Russia’s largest internet company, who posted footage of their self-driving car on public roads in icy conditions after a recent snowstorm.

Ilya Khrennikov | Bloomberg News
February 16, 2018
Business

Consumer Sentiment Jumps After Tax Cuts Blunt Stock Gyrations

U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Feb. 16.

Shelly Hagan | Bloomberg News
February 16, 2018
Business, Technology, Equipment, Autonomous

Maersk's CEO Can't Imagine Self-Sailing Box Ships in His Lifetime

The CEO of the world’s biggest shipping company says it’s unlikely container vessels will operate without humans in his lifetime.

February 16, 2018
Business, Equipment

Trailer Orders Surge to Start 2018, Passing 39,000

January trailer orders surged past 39,000 to the fifth-highest order month in industry history as refrigerated trailers posted a monthly record, industry analysts said.

Roger Gilroy | Senior Reporter
February 16, 2018
Business

Housing Starts Reach Highest Level in More Than a Year

U.S. new-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018, government figures showed Feb 16.

February 16, 2018