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.
Updates on Tax Reform, Autonomous Vehicles, Driver Shortage to Highlight MCE
Technology, tax reform and new initiatives to resolve the trucking industry’s persistent labor shortage will be front and center at American Trucking Associations’ Management Conference & Exhibition.
How Trump Getting His Way on NAFTA Would Reshape the Auto Sector
Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.
Alphabet to Pack its Digital City With Autonomous Delivery Vans
Alphabet Inc.’s autonomous vehicle technology will be a big part of its Toronto project to make urban life more Googley.
October 18, 2017Medium-Duty Sales Ride Classes 4-5 to Gains in September
Sales of medium-duty trucks rose 5.8% in September, led by sales of trucks in two of the lightest classes, WardsAuto.com reported.
NAFTA Deadlock Dashes Hopes for a Quick Deal
NAFTA talks are switching gears and slowing down as key obstacles emerge, with Canada and Mexico rejecting what they see as hard-line U.S. proposals and negotiators exchanging their strongest public barbs yet.
CSX Treads Water in 3Q After Turbulent Summer
The freight railroad industry began the earnings season on a positive note. CSX Corp. scratched out a small win and Canadian Pacific Railway easily surpassed year-ago levels as the industry continues to rebound in 2017.
SoCal Port Turn Times Improve Six Minutes in September
Truck drivers took six fewer minutes to enter and exit the two large Southern California ports last month compared with September 2016, although one year ago, Hanjin Shipping rattled the supply chain when it abruptly shut its doors Aug. 31.
Intel Proposes System to Make Self-Driving Cars Blameless
Intel Corp. has developed a system it says ensures that self-driving vehicles can’t cause accidents, an effort to reassure a skeptical public and help speed adoption of driverless cars on the road.
Drop in September Home Starts Reflects Slump in South
A larger-than-forecast decline in U.S. new- home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from hurricanes Harvey and Irma, according to government figures Oct. 18.
October 18, 2017GM President Dismisses Hype About $30 Billion Self-Driving Tech Spinoff
General Motors Co. shot down speculation that it’ll spin off its business units working on self-driving vehicles and car-sharing, which one analyst has estimated could be worth as much as $30 billion.