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

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

Agnel Philip | Bloomberg News
November 16, 2017
Business

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, 2017
Business, Technology, Fuel

Tesla, 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.

Seth Clevenger | Managing Editor, Features and Multimedia
November 16, 2017
Business, Technology, Equipment, Autonomous

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.

Tom Randall | Bloomberg News
November 16, 2017
Government, Business, Technology, Equipment

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.

Burney Simpson | Staff Reporter
November 16, 2017
Government, Business, Technology, Safety

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.

Eric Miller | Senior Reporter
November 15, 2017
Business, Technology, Equipment, Autonomous, TCA

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.

Matt Sanctis | Dayton (Ohio) Daily News
November 15, 2017
Business, Technology, Equipment, Autonomous

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.

Lulu Yilun Chen | Bloomberg News
November 15, 2017
Government, Business

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.

Eugene Mulero | Senior Reporter
November 15, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

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.

Carolyn Said | San Francisco Chronicle
November 15, 2017