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

Waymo Engineer Left Trail of Deleted Files En Route to Uber

Uber Technologies Inc. hired an engineer to lead its driverless car program last year even after its own research revealed red flags about how much proprietary information he took from his former employer, Waymo.

Joel Rosenblatt | Bloomberg News
October 5, 2017
Government, Business, Equipment, Safety

NAFTA Talks Expose Disagreement Over Mexican Trucking Access

As efforts to renegotiate terms of the North American Free Trade Agreement shift from Ottawa to Washington, two trucking industry groups and the Teamsters union are taking aim at a provision in the current agreement that allows trucks from Mexico to operate in the United States.

October 5, 2017
Government, Business, Technology, Equipment, Safety, Autonomous, TCA

Self-Driving Vehicles Raising Big Questions Around Drunk Driving, Seat Belts, Open Container Laws and More

The idea of highways being filled with self-driving cars may be alluring, but it has highway safety experts raising numerous questions about common contemporary issues like drunk driving, seat belt use and how other motorists might react to a car without a driver behind the wheel.

Skip Descant | Government Technology
October 5, 2017
Business

Jobless Claims Fall 12,000 to 260,000

U.S. filings for unemployment benefits fell last week as the impact of hurricanes Harvey and Irma faded in several states, Labor Department figures showed Oct. 5.

October 5, 2017
Business, Equipment

Class 8 Orders Climb for Fourth Consecutive Month, Top 22,000

Orders for Class 8 trucks soared over a weak year-ago period to increase 63% and reach more than 22,000 in September, analysts said. Order volumes have increased consecutively in each of the last four months.

Roger Gilroy | Senior Reporter
October 5, 2017
Business, Logistics

Trade Gap Narrows to 11-Month Low as Exports Increase

Improving global demand and a weaker dollar are helping boost U.S. exports, with the trade deficit narrowing to an 11-month low in August, Commerce Department data showed Oct. 5.

October 5, 2017
Business, Technology, Logistics

Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS

Amazon.com Inc. is experimenting with a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses, according to two people familiar with the plan, which will push the online retailer deeper into functions handled by longtime partners UPS Inc. and FedEx Corp

Spencer Soper | Bloomberg News
October 5, 2017
Business, Technology, Equipment, Autonomous

Warren Buffett Isn’t Losing Sleep Over Self-Driving Trucks

“Trucks are going to be around for a very long time.”

Elizabeth Fournier | Bloomberg News
October 4, 2017
Government, Business

Iowa Court Cuts CRST Van Expedited Attorney Fees

A federal judge in Iowa has sliced to $1.9 million an award for attorney’s fees to CRST Van Expedited, the latest turn in a 10-year battle over a class-action sexual harassment lawsuit that a judge dismissed after ruling that the Equal Employment Opportunity Commission brought a frivolous complaint against the carrier.

Eric Miller | Senior Reporter
October 4, 2017