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, Safety

Rand McNally Adds Three Dashboard Devices to Product Line

Rand McNally launched three new devices for commercial vehicle operators that address cab connectivity, advanced navigation and electronic logging.

August 25, 2017
Business, Technology, Equipment

Analysts Predict Spot Rates Could Soar Once ELD Mandate Goes Into Effect

When the electronic logging device mandate finally takes effect in December, freight hauling capacity will tighten and spot market rates are likely to rise, according to trucking industry analysts.

Steve Brawner | Contributing Writer
August 25, 2017
Business, Technology

Blockchain Group Formed to Advance Use of Digital Ledger

A new industry group formed in August, the Blockchain in Trucking Alliance, intends to promote and establish the use of blockchain, a distributed digital ledger, in the supply chain.

Roger Gilroy | Senior Reporter
August 25, 2017
Business, Technology

Wabco Agrees to Buy RH Sheppard Co. for Active Steering Capability

Wabco Holdings Inc. has agreed to acquire RH Sheppard Co. Inc., a supplier of vehicle steering capabilities, as the Brussels-based company expands its focus on self-driving commercial vehicles.

August 25, 2017
Business, Equipment

Minimizer Expands Product Line With Mattress for Sleeper Cabs

Aftermarket supplier Minimizer introduced a mattress specified for professional, over-the-road truck drivers.

August 25, 2017
Business, Technology, Autonomous

Where Rosie Once Riveted, Vehicles Will Now Drive Themselves

Self-driving cars will begin taking test laps this December on the site of a famous World War II airplane factory in Michigan where Rosie the Riveter helped produce a shiny B-24 Liberator bomber every hour more than seven decades ago.

Keith Naughton | Bloomberg News
August 25, 2017
Business, Equipment

Demand for Fresh Food Drives Refrigerated Trailer Sales

Jim Galligan | Special to Transport Topics
August 25, 2017
Business, Logistics, TCA

FedEx Breaks Ground on New Mexico Distribution Center

New Mexico Gov. Susana Martinez and the region’s economic development leaders joined with company officials for a ribbon-cutting Aug. 23 at the 215,000-square-foot distribution center in Santa Teresa’s West Park.

August 25, 2017
Business, Technology, Equipment, Safety, Logistics

Food Standards, Emission Regulations Affect Load Flexibility for Refrigerated Fleets

The nationwide growth in demand for fresher foods has contributed to a boom in the refrigerated transportation sector. But tighter food-handling standards and emission regulations are limiting the load flexibility and utilization options that carriers may have had in the past, and at a steeper cost, too.

Jim Galligan | Special to Transport Topics
August 25, 2017
Business

Rise in Business Equipment Orders Signals Steady Investment

An increase in U.S. orders for business equipment last month and the biggest gain since February in such sales indicate improving demand at the start of the third quarter, Commerce Department data showed Aug. 25.

August 25, 2017