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.

Business, Technology, Equipment, Autonomous, Perspective

Opinion: Tire Maintenance Key in Age of Autonomous Vehicles

Pretty much everyone knows tires are second only to fuel among operating costs for fleets. What's new is how the industry will deal with the potential for tire failures on autonomous trucks.

Peggy Fisher | President, TireStamp Inc.
December 20, 2017
Business

Sales of Existing Homes Climb to an Almost 11-Year High

Sales of previously owned U.S. homes rose in November to an almost 11-year high, indicating demand picked up momentum heading into the end of the year, according to a National Association of Realtors report released Dec. 20

December 20, 2017
Business, Technology, Equipment

UPS Orders 125 Tesla Semi-Trucks

The market for the Tesla Class 8 truck keeps growing as UPS Inc. put in an order for 125 electric trucks, the largest order to date that has been made public.

Burney Simpson | Staff Reporter
December 20, 2017
Government, Business, TCA

North Carolina Congresswoman Meets With Trucking Leaders About Industry Challenges

Congresswoman Virginia Foxx recently met with representatives of the trucking industry. Crystal Collins, president of the North Carolina Trucking Association, said the discussion was regarding industry challenges including workforce shortage.

Yadkin Ripple | (Yadkinville, N.C.)
December 20, 2017
Business, Technology, Equipment, Safety

ATRI Appoints Four New Members to Board of Directors

The American Transportation Research Institute announced Dec. 19 that four new members will join its board of directors.

Eleanor Lamb | Staff Reporter
December 20, 2017
Business, Logistics

FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts

FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.

Ari Ashe and Burney Simpson | Staff Reporters
December 19, 2017
Government, Business, Technology, Equipment, Logistics

Drone Tracking Plan Moves US Delivery by Air Closer to Reality

>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.

Alan Levin | Bloomberg News
December 19, 2017
Business, Logistics

Truck Tonnage Surges 7.6% in November

Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.

Ari Ashe | Staff Reporter
December 19, 2017
Government, Business

House Disaster Package Includes $1.4 Billion for Roads

Republican funding leaders in the U.S. House included $1.4 billion for road repairs in a $81 billion disaster aid measure unveiled this week.

Eugene Mulero | Senior Reporter
December 19, 2017
Business, Technology, Equipment, Autonomous, TCA

Self-Driving Vehicle Proving Ground Opens Near Detroit

The launch of self-driving vehicle testing at the American Center for Mobility west of Detroit came with something that frequently confounds human drivers in Michigan — snow.

Eric D. Lawrence | Detroit Free Press
December 19, 2017