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.
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.
Delphi Asks Shareholders to Approve Name Change
Delphi Automotive asked shareholders to approve changing the name of the company to Aptiv.
October 10, 2017FMCSA 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.
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.
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.
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.
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, 2017Craig Schneider Takes Over as President, Firestone Industrial Products
Firestone Industrial Products has named Craig Schneider president.
October 9, 2017Marmon-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, 2017Orbcomm 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.