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, Equipment

Cummins Reclaims Top Spot in North American Engine Installations

Cummins Inc., the last independent engine maker, reclaims first place in North American engine sales during the first half of 2017.

Jonathan S. Reiskin | Associate News Editor
August 10, 2017
Business, Logistics, TCA

CSX Layoffs Hit Chicago Switching Yard Amid National Cost-Cutting Moves, Union Says

Railroad giant CSX, which is under fire from regulators for operating changes that have disrupted its freight service nationwide, laid off more than 6o employees this week at its primary Chicago switching yard, according to the workers’ union.

Robert Channick | Chicago Tribune
August 10, 2017
Business, Technology, Equipment, Safety

Drivers Celebrate Safety as NTDC Kicks Into High Gear

ORLANDO, Fla. — Hundreds of drivers set to compete in the National Truck Driving Championships were asked to first pledge a commitment to safety, honesty and respect.

Eugene Mulero | Senior Reporter
August 10, 2017
Business, Technology, Equipment

A New All-Electric Delivery Truck Is on the Way, and It’s Not From Tesla

Chanje’s vision sounds a lot like Tesla’s: electric vehicles recharged via clean rooftop solar power.

Russ Mitchell | Los Angeles Times
August 10, 2017
Business

Consumer Comfort Reaches 16-Year High on Economic Optimism

Americans last week registered their strongest optimism in 16 years on more upbeat views about the state of the economy, their personal finances and the buying atmosphere, according to Bloomberg News Consumer Comfort data released Aug. 10

Michelle Jamrisko | Bloomberg News
August 10, 2017
Business, Technology, Equipment, Safety, Autonomous

As Robots Take the Wheel, Driving Skills Begin to Hit the Skids

If your car can hit the brakes in an emergency and check your blind spots, will that make you a worse driver? Increasingly, automakers are worrying it may.

Keith Naughton | Bloomberg News
August 10, 2017
Business

Unexpected Drop in Wholesale Prices Shows Tame Inflation

An unexpected decrease in U.S. wholesale prices in July, the first in nearly a year, signals inflation will remain tame, a Labor Department report showed Aug. 10 in Washington.

August 10, 2017
Government, Business, Technology, Logistics, Autonomous

Tesla Meets With California, Nevada on Autonomous Truck Testing

Tesla Inc. has met with California and Nevada agencies about testing an autonomous semi-truck ahead of CEO Elon Musk’s unveiling of the next addition to the electric-car maker’s lineup.

Dana Hull | Bloomberg News
August 10, 2017
Government, Business, Technology, Safety

ELDs Must Be Registered at FMCSA, Official Reminds Safety Inspectors

ORLANDO, Fla. — Electronic logging devices need to be registered with the federal trucking regulatory agency in order to be valid, an agency official reminded law enforcement officials on Aug. 9.

Eugene Mulero | Senior Reporter
August 9, 2017
Business, Equipment, Safety

Confident Rookies, Veterans Review Course on NTDC’s First Day

ORLANDO, Fla. — Miguel “Mikey” Corral, a FedEx Freight driver making his second appearance at a National Truck Driving Championship, intends to be repetitive and consistent during the next few days of competition.

Eugene Mulero | Senior Reporter
August 9, 2017