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.
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, 2017Analysts 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.
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.
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, 2017Minimizer Expands Product Line With Mattress for Sleeper Cabs
Aftermarket supplier Minimizer introduced a mattress specified for professional, over-the-road truck drivers.
August 25, 2017Where 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.
Demand for Fresh Food Drives Refrigerated Trailer Sales
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, 2017Food 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.
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