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

ArrowStream Taps Todd Jackson For New COO Post

ArrowStream Inc., a Chicago-based logistics and supply chain technology company for the food service industry, announced the appointment of Todd Jackson to the newly created position of chief operating officer.

August 22, 2017
Business, Logistics, TCA

FedEx Founder’s Son Lands Promotion, Moves Up Corporate Ladder at Shipping Giant

FedEx founder Frederick Smith’s son Richard Smith is rising through the ranks at the Memphis-based company.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
August 22, 2017
Government, Business

Iowa DOT Builds CDL Exam App to Improve Pass Rate

About 60% of commercial driver license applicants in Iowa fail the knowledge exam on their first try, according to Mindi Nguyen, assistant to the director of the state Department of Transportation’s Motor Vehicle Division. But with a new mobile application, Iowa DOT will attempt to redress that.

Eleanor Lamb | Staff Reporter
August 22, 2017
Business, Technology, Equipment, Safety, Autonomous

Chinese Autonomous Truck Startup Opens Research Facility in Arizona

A Chinese startup company developing self-driving technology for commercial trucking has opened a facility in Tucson for research and testing — including a planned Tucson-Phoenix run with an autonomous truck.

David Wichner | The Arizona Daily Star
August 22, 2017
Government, Business, Technology, Safety

Details Added to ELD Workshops at GATS on Aug. 24, 26

Federal trucking regulators will be in Dallas Aug. 24-26 to hear from drivers about concerns they may have regarding the Dec. 18 implementation of electronic logging devices.

Eugene Mulero | Senior Reporter
August 21, 2017
Business, Fuel

Maersk Stands to Get Another $7.5 Billion for Energy Divestments

Now that its oil and gas unit has been sold, A.P. Moller-Maersk A/S is planning separate divestments for the three remaining bits of what used to be a combined energy division, with estimates valuing those businesses at $7.5 billion in total.

August 21, 2017
Business

EcoClean Debuts Machine That Scrubs DPFs in One Hour

EcoClean Advantage introduced what it’s calling an eco-friendly, nondestructive diesel particulate filter cleaning machine that slashes the process to one hour.

August 21, 2017
Business, Technology, Equipment, Fuel

NACFE Announces Variety of Routes, Trucks, Components Set for Run On Less

Run on Less, a first-of-its kind roadshow to demonstrate how trucks use technology to achieve fuel efficiency, is set to begin.

Roger Gilroy | Senior Reporter
August 21, 2017
Business, Technology, Equipment, Autonomous, TCA

Colorado DOT Purchases World’s First Automated Self-Driving Construction Vehicle

When Robert Roy was helping to create the world’s first self-driving construction truck, he traveled across the country and talked to people in the construction industry. One of the people he spoke with, the president of a company in Louisiana, told him the story of how one of his employees almost died while working on a highway.

Tommy Simmons | Greeley (Colo.) Tribune
August 21, 2017
Business, Logistics

Terminal Link Texas to Build Container Yard at Port Houston

Ground was broken Aug. 15 for a yard for empty containers inside the Bayport Container Terminal as part of a new public-private partnership at Port Houston.

August 21, 2017