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.
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, 2017FedEx 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.
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.
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.
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.
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, 2017EcoClean 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, 2017NACFE 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.
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.
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