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.
Oil Producers Consider Output Cut Extension as Support Grows
Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles.
China State Firms Eye Land Around Panama Canal: Waterway Authority
Chinese state firms have expressed an interest in developing land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world.
Uber to Suspend Autonomous Tests After Arizona Accident
Uber Technologies Inc. is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from multiple crises.
Opinion: Regulation Rollback: Will Safety Suffer?
Throughout Donald Trump’s campaign for president, slashing regulations was a core theme. Many of President Trump’s Cabinet nominees are long-standing opponents of a heavily regulated business environment. I welcome this time to catch our breath. The rate of regulatory change in the trucking industry has been too rapid for many businesses to keep pace.
March 27, 2017Editorial: For Trucking, a Dose of Optimism
The sight of two gleaming tractor-trailers parked on the South Lawn of the White House signaled that last Thursday was no ordinary day for the trucking industry.
March 27, 2017Tonnage Down 2.8% in February From Year Ago
Truck tonnage dropped 2.8% in February year-over-year, reversing January’s positive momentum, but American Trucking Associations’ chief economist maintains that freight activity remained strong considering February 2016 was a record-setting month.
Monthly Trailer Orders Up 24%, Passes 26,000
U.S. trailer orders in February pushed past 26,000, up 24% year-over-year, as dealers restocked and fleets continued to extend orders, experts said, adding that industry backlog is below last year’s pace and freight demand has not fully returned.
Need for Cab Comfort, More Technology Compels Push for Greater Driver Efficiency
Heightened expectations for driver comfort, safety and convenience from behind the wheel are intersecting with a surge in technology and digital information in the truck cab, compelling a push to help drivers maximize efficiency in their increasingly crowded work environments, industry experts said.
Nikola Sets Blueprint for 2020 Launch of Zero-Emissions, Hydrogen Class 8s
COLUMBUS, Ind. — Nikola Motor Co. is in discussion with the three largest truck stop operators to offer hydrogen fuel and, separately, with seven states interested in being home to its production facility as it prepares to launch in mid-2020 its zero emissions, hydrogen-electric Class 8 truck, a company executive said.
Kenworth, Peterbilt Offer Allison TC10
LOUISVILLE, Ky. — Kenworth Truck Co. and Peterbilt Motors Co. said they will be offering Allison TC10 fully automatic transmissions on selected models, that they are starting certified pre-owned truck sales programs and that they soon will offer as standard, in certain cases, Bendix Wingman Advanced safety systems.