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

Trouble Codes + Telematics

Troubleshooting dysfunctional trucks from afar through the use of remote diagnostics can help carriers better manage their equipment, reduce vehicle downtime and cut maintenance costs, but sifting through all of that fault code data can be a challenge, several fleet maintenance managers said.

Stephen Bennett | Special to Transport Topics
April 21, 2017
Technology, Business

Cross-Border Fleets Use Software to Manage Data, Prevent Delays

Cross-border shipments involve many moving parts, and any delays or errors in providing key information to customs agencies can prove costly to shippers and carriers alike.

Mindy Long | Special to Transport Topics
April 21, 2017
Business

Bay & Bay Transportation Raises Owner-Operator Pay

Bay & Bay Transportation, an Eagan, Minn., truckload carrier, increased pay for its refrigerated van owner-operators on April 1, company President Sam Anderson told Transport Topics.

April 21, 2017
Government, Business, Technology

Cities Need to Incorporate Autonomous Technology in Infrastructure Plan, National League of Cities Recommends

As cities craft long-term visions for their transportation grids, planners should begin to incorporate ways to facilitate a reliance on autonomous vehicles, a report by the National League of Cities recommended.

Eugene Mulero | Senior Reporter
April 21, 2017
Business

Fleets Shy Away From Nat Gas, Unless They Already Use It, While Overall Use Climbs

While sales of Class 8 trucks powered by natural gas remain low, U.S. and Canadian natural gas heavy-duty retail sales overall had a healthy start to 2017, boosted mostly from refuse fleets, transit and school bus operators, according to ACT Research Co.

Roger Gilroy | Senior Reporter
April 21, 2017
Government, Business, Technology

FMCSA Holds Listening Session on Autonomous Vehicles

Federal trucking regulators held a listening session on autonomous commercial vehicles at the Commercial Vehicle Safety Alliance workshop in Atlanta April 24.

April 21, 2017
Business

Sales of Existing Homes Rise to Fastest Pace in a Decade

Sales of previously owned U.S. homes rose more than forecast in March to the fastest pace in a decade, signaling sustained momentum in the housing market despite higher prices and scarce supply, a report from the National Association of Realtors showed April 21

Sho Chandra | Bloomberg News
April 21, 2017
Business

Volvo Designers Sweat Details for New VNR

MONTREAL — When Volvo Group made cars, the vehicles were parodied as boring but safe. The car division has been gone since 1999, and truck designer Brian Balicki was determined that the new VNR regional-haul tractor would not be boring.

Jonathan S. Reiskin | Associate News Editor
April 21, 2017
Business

Heartland Profits Drop 2.3% but Beat Analyst Forecasts

Heartland Express Inc. reported profits fell 2.3% after a sharp decline in revenue due to the soft freight environment and poor weather in the western United States.

Ari Ashe | Staff Reporter
April 21, 2017
Government, Business, Logistics

Kansas City Southern Profits Up Despite Mexican Peso Depreciation

Kansas City Southern reported profits rose 36% in the first quarter, although the gains were lowered to a 12% increase after applying the exchange rate between the Mexican peso and the U.S. dollar.

Ari Ashe | Staff Reporter
April 21, 2017