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, Technology, Equipment, Autonomous

It’s No Use Honking. The Robot at the Wheel Can’t Hear You

As auto accidents go, it wasn’t much: twelve minutes before noon on a cool June day, a Chevrolet Bolt was rear-ended as it crawled from a stop light in downtown San Francisco.

Ryan Beene | Bloomberg News
October 10, 2017
Business

Delphi Asks Shareholders to Approve Name Change

Delphi Automotive asked shareholders to approve changing the name of the company to Aptiv.

October 10, 2017
Government, Business, Safety

FMCSA Grants Aim to Improve Safety, Streamline CDL Process

The Federal Motor Carrier Safety Administration’s recent series of state-level grants will not only improve driver safety, but will also expedite the process of obtaining a commercial driver license, according to Tom Keane, director of the agency’s Office of Safety Programs.

Eleanor Lamb | Staff Reporter
October 10, 2017
Business, Equipment, Logistics

Ports of Seattle, Tacoma Face Chassis Shortage

Truck drivers are facing a shortage of chassis to haul 40- and 45-foot containers from the ports of Seattle and Tacoma, according to The Northwest Seaport Alliance.

Ari Ashe | Staff Reporter
October 9, 2017
Business, Logistics

Belgian Mail Carrier Bpost to Buy Amazon Rival Radial for $820 Million

Bpost SA, the European mail carrier controlled by the Belgian state, agreed to buy former eBay Inc. enterprise unit Radial to bolster its U.S. delivery services.

Robert Fenner | Bloomberg News
October 9, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

GM Buys Lidar Startup Strobe to Accelerate Self-Driving Cars

General Motors announced Oct. 9 that it is buying Strobe, a Pasadena startup that makes lidar, a laser-based sensor that most autonomous vehicles use to see the world around them.

David R. Baker | Bloomberg News
October 9, 2017
Business, Logistics

TMC Workforce Expands Supply Chain Business With Purchase of Summitline Industries

TMC Workforce Solutions, a national staffing and recruiting firm based in Houston, announced it has acquired Summitline Industries in Fort Wayne, Ind., as part of an effort to expand its supply chain support business.

October 9, 2017
Business, Equipment

Craig Schneider Takes Over as President, Firestone Industrial Products

Firestone Industrial Products has named Craig Schneider president.

October 9, 2017
Business

Marmon-Herrington Introduces Third-Generation Safe Shift System

Marmon-Herrington released its third-generation Safe Shift all-wheel drive protection system for commercial vehicles.

October 9, 2017
Business, Equipment

Orbcomm Bolsters Freight Telematics Business With Purchase of Blue Tree Systems

Orbcomm Inc. moved to fortify its global freight telematics service with the purchase of Blue Tree Systems Limited International, a company based in Galway, Ireland, but with extensive business in the United States, Germany and France.

Daniel P. Bearth | Staff Writer
October 9, 2017