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.
Facebook for the Workplace: A Private Social Network for Your Trucking Business
Fans of Facebook — and there are more than 1.7 billion of them — now have a near-mirror image of the social network they can use for their businesses. Dubbed Workplace by Facebook, the new application offers all the familiar features that have made Facebook the world’s most popular digital meeting place. The primary difference: Workplace enables businesses to use the Facebook environment to create an entirely private social network for their employees and trusted trading partners.
Connected Vehicles, Platooning Coming Into Focus
WASHINGTON — Connected vehicles and platooning are two of the major technological developments coming soon to trucking, and manufacturers, fleets, regulators and academics are wrestling with the details now.
Fuel Cards Advance
Trucking companies today are doing much more with fuel cards than purchasing diesel. As card issuers deploy technology to connect new services to their cards, fleets are using them to better control fuel spending, gather data on their operations and even book hotel reservations.
Cab Cameras Gain ‘Machine Vision’
The video safety systems in truck cabs are becoming smarter. Rather than simply recording video of events on the road, some of the latest systems have gained the ability to “see” the truck’s environment and draw conclusions about driver behavior.
Drive for the Prize
As the trucking industry continues to grapple with high driver turnover, some carriers are turning to performance-based rewards and technology-enabled “gamification” programs to increase driver retention and boost engagement.
UPS Escalates Reliance on Solar Energy
UPS Inc. announced a significant escalation of its investment in solar energy as an owner/operator of solar assets starting with at least eight of its facilities in the United States.
February 10, 2017Infrastructure Funding Increases Needed at Seaports, Ports Association Says
Infrastructure proposals congressional Republican leaders and the Trump administration come up with this year should prioritize funding for improvement projects along seaports, the group representing the country’s ports indicated this week.
CSX Is Said to Hit Obstacle in CEO Negotiations With Harrison
CSX Corp. and Hunter Harrison have discussed a three-year contract for the railroad veteran to take over as CEO, but the deal has bogged down over details on how to support his plan to turn around the company, according to a person familiar with the situation.
Sanity Returning to Shipping as Freight Rates Gain, Maersk Says
The bankruptcy of South Korean ocean carrier Hanjin Shipping Co. and consolidation in container shipping will pave the way for a better 2017 for the industry, according to Robbert van Trooijen, the Asia-Pacific chief of Maersk Line.
February 10, 2017Governors Press Trump on Infrastructure
The group representing the country’s governors delivered a list to the White House this week that outlines hundreds of infrastructure projects governors would like the administration to prioritize.