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.
Americans’ Economic Expectations Climb to a Three-Month High
Optimism about the direction of the U.S. economy improved to a three-month high in November as sentiment remained supported by a robust job market and steady growth, Bloomberg Consumer Comfort Index figures showed Nov. 16
Factory Output Surged in October on Hurricane Rebound
A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16.
November 16, 2017Tesla, Elon Musk Unveil Electric Semi-Truck
HAWTHORNE, Calif. — Tesla Inc. has unveiled its long anticipated, all-electric Class 8 tractor, marking the electric car maker’s entry into the commercial truck industry and reinventing the heavy-duty truck as we know it.
Here Are Eight Things to Watch for in Tesla’s Big Rig Reveal
Tesla Inc. is finally ready to introduce its first all-electric heavy-duty truck. In the works for two years, it’s a project that’s aimed squarely at cleaning up the freight industry, which accounts for one-fifth of global oil demand.
Cargo Thefts Drop Despite Storm-Driven Rise in Building Material Larceny
Cargo thefts in the United States and Canada declined in the third quarter, with total incidents falling 8% and total loss value dropping nearly 17% compared with the same period a year ago, according to CargoNet.
Security Experts Warn Truckers About Loadboard Scams, ‘Inspired’ Terrorist Attacks
MEMPHIS, Tenn. — Technology and smart, hard-working criminals have combined to keep loadboard fraud rampant, according to a senior investigator with the Federal Motor Carrier Safety Administration.
Could Driverless Tech Mean Thousands of Trucking Jobs Lost? Probably Not
Truck driving — one of the most in-demand and stable jobs in Ohio — could face major changes as the industry develops new automated, driverless technology.
Tesla-Partner Tencent Plans Its Own Driverless Technology
China’s Tencent Holdings has developed its own autonomous driving system, according to people familiar with the matter, becoming the latest technology player to dive into a crowded field that could become a $42 billion industry.
Road-Builders Group Hosts Trucks in Work-Zone Webinar Nov. 16
Improving the design of work zones to enhance the safety of construction crews and the drivers of large trucks will be the topic of discussion in a webinar on Nov. 16 the national group representing road builders will host.
Waymo, Uber Squabble Over Ground Rules as Autonomous Vehicle Trade-Secrets Theft Trial Looms
What is a trade secret? That seemingly simple question dominated discussions Nov. 14 during a federal court hearing on Waymo vs. Uber, one of the last pretrial sessions before the case, which could shape the future of autonomous vehicles, heads to a jury on Dec 4.