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.
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.
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.
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.
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.
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
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.
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, 2017Tesla 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.
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.
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.