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, Logistics, TCA

Construction Begins on Wisconsin FedEx Truck Terminal Opposed by Nearby Residents

Construction is beginning in Oak Creek, Wis., on a huge FedEx truck terminal opposed by nearby residents.

Tom Daykin | Milwaukee Journal Sentinel
September 18, 2017
Business

Turnover Surges in Second Quarter

Driver turnover at both large and small truckload carriers surged in the second quarter and could go higher in the months ahead, according to data released by American Trucking Associations.

September 18, 2017
Government, Business, Technology, Equipment, Safety

McLeod Urges Fleets to Practice Visibility, Caution as ELD Mandate Looms

ATLANTA — The inspections that will accompany electronic logging device mandate enforcement will require heightened visibility and vigilance among carriers, according to Tom McLeod, chief executive officer of McLeod Software.

Eleanor Lamb | Staff Reporter
September 18, 2017
Business, Technology

Geotab Introduces Fleet-Management Device for LTE Network

Telematics provider Geotab launched its GO8 LTE fleet-management device designed for LTE mobile broadband networks.

September 18, 2017
Government, Business, Technology, Equipment, Safety, Autonomous

Capitol Agenda for the Week of Sept. 18: Truck Platooning

Federal transportation agencies hosted a truck platooning demonstration on Interstate 66 in Northern Virginia last week to showcase the advancements of autonomous technology ready for commercial use next year.

Eugene Mulero | Senior Reporter
September 18, 2017
Business, Top 100

Averitt Training Program Approved for Veteran Benefits

Averitt Express announced that it’s offering an on-the-job training program that is approved for veterans benefits, as the carrier commits to hiring 1,200 military veterans by 2020.

September 18, 2017
Business, Technology, Equipment

Mack Upgrades Interiors of Pinnacle, Granite Models

ALLENTOWN, Pa. — Mack Trucks has introduced interior and exterior updates to its Pinnacle and Granite models.

September 18, 2017
Business

Homebuilder Sentiment Falls on Storm-Related Supply Concern

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma, according to data Sept. 18 from the National Association of Home Builders/Wells Fargo.

September 18, 2017
Business, Technology, Equipment, Safety, Autonomous

Autonomous Ships Are Setting Sail in Boston

Frank Marino sat in a repurposed U.S. Coast Guard boat bobbing in Boston Harbor one morning late last month. He pointed the boat straight at a buoy several hundred yards away, while his colleague Mohamed Saad Ibn Seddik used a laptop to set the vehicle on a course that would run right into it.

Joshua Brustein | Bloomberg News
September 18, 2017
Business, Equipment, Safety

Oliver Adds Ultra-Low Profile Vantage Drive Retread Tire

Oliver Rubber Co. announced that it had launched its ultra-low profile Vantage Drive model, a new SmartWay-verified, wide-base, drive-axle position retread for linehaul and regional commercial truck applications.

September 18, 2017