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.
Wabash 3Q Net Income, Revenue Fall Against Prior-Year Record Performance
Trailer maker Wabash National Corp. reported net income and revenue dropped in the third quarter compared with the company’s record-setting third quarter in 2016.
Pioneer Leaps Into Driverless Vehicle Fray With Microscopic Mirrors
When it comes to helping driverless cars see, automakers have a choice between bulky top-mounted contraptions or cheaper but unproven laser-on-a-chip technology. Pioneer Corp. thinks it can deliver the best of both worlds
Waymo Offers Peek at its Secluded Test Bed For Self-Driving Cars
A bicyclist pedaled alongside the road and a pedestrian wandered into the crosswalk, as a self-driving minivan headed through a maze of roads in a desolate landscape. As the vehicle turned right, its steering wheel rotated above the empty driver’s seat.
Regulators Move to Rewrite Rules for Self-Driving Cars
The National Highway Traffic Safety Administration is considering eliminating regulations that currently block self-driving vehicles designed without steering wheels, brake pedals or other driver controls from hitting the road.
Cummins Net Income, Revenue Surge as Markets Strengthen
Independent engine maker Cummins Inc. reported third-quarter net income and revenue surged compared with year-ago results.
US Oil Rises to 10-Month High as Stockpiles Seen Dropping
Oil rose to the highest level since early January in New York on expectations that government data will confirm another drop in U.S. crude inventories as the global surplus recedes.
Growth in US Manufacturing Eases From a 13-Year High
Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Nov. 1.
Army Corps Awards $213 Million to Port of Charleston
The Army Corps of Engineers awarded $213.3 million to dredge the Charleston Harbor Entrance Channel in South Carolina, a critical step for the Port of Charleston to compete for business from international steamship lines.
Truck Makers Point to Improving Market in 3Q
Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.
Biggest Miner Tracking Trucker Brain Waves in Technology Race
Truck drivers employed by the world’s biggest mining company are wearing baseball caps and hard helmets with sensors mounted inside to track their brain waves so they can get early warnings of fatigue and cut accidents.