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, Equipment

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.

Roger Gilroy | Senior Reporter
November 1, 2017
Business, Technology, Equipment, Autonomous

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

November 1, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

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.

Carolyn Said | San Francisco Chronicle
November 1, 2017
Government, Business, Technology, Equipment, Safety, Autonomous

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.

Ryan Beene | Bloomberg News
November 1, 2017
Business, Equipment

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.

Roger Gilroy | Senior Reporter
November 1, 2017
Business, Fuel

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.

Grant Smith | Bloomberg News
November 1, 2017
Business

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.

Agnel Philip | Bloomberg News
November 1, 2017
Business, Technology, Equipment

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.

Ari Ashe | Staff Reporter
November 1, 2017
Business, Equipment

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.

Roger Gilroy | Senior Reporter
November 1, 2017
Business, Technology, Equipment, Safety

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.

David Stringer | Bloomberg News
November 1, 2017