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.
Researchers Ponder Effects of Automation on Drivers
WASHINGTON — Self-driving trucks may be years away from hitting the streets, but industry researchers already are asking how the technology will change the job and career paths for drivers of commercial trucks and buses.
Freight Facilities a Lure for Business, Planners Say
WASHINGTON — Public officials who consider freight transportation of goods use that understanding to recruit business development.
Megaships Lucrative for Ocean Carriers, Challenging for Truckers, Ports, Panel Says
WASHINGTON — Megaships are good economically and environmentally for ocean carriers, but they pose significant challenges for ports and trucking companies, according to a panel of experts at the 2017 Transportation Research Board conference here.
FedEx, Amazon Lead Twin 33s Advocacy Group
Americans for Modern Transportation, a new coalition of shippers and retailers led by FedEx Corp. and Amazon.com intends to press congressional lawmakers this year to approve nationwide access of twin 33-foot trailers.
Virginia Lawmakers Considering Bill to Allow Delivery Robots on Sidewalks
It looks like a mini-Mars rover and, someday soon, it could be rolling down the sidewalk next to you as you walk to lunch or take your nightly jog.
Navistar Plans to Issue Additional Notes at 8.25%
Navistar International Corp., the parent company for the International trucks brand, announced plans Jan. 12 to issue, subject to market conditions, $200 million of its 8.25% senior notes due 2021.
January 13, 2017Volvo Trucks North America Delivers Its First 2017 Engines in Canada
Volvo Trucks North America announced it recently delivered 19 D13-powered Volvo VNL 300 models to Mississauga, Ontario-based Purolator Inc., marking the first Canadian delivery of trucks equipped with Volvo’s new 2017 engines.
January 13, 2017Bison Transport Appoints Rob Penner CEO
Bison Transport appointed Rob Penner CEO. He currently is president, a post he has held since 2015, the carrier said.
January 13, 2017Illinois Road Crews Ready for Freezing Rain Expected in Weekend Storm
For Wayne Aldrich, public works director in Normal, Illinois, potential ice storms can cause a lot of stress.
NHTSA: Traffic Fatalities Up 8% Last Year
The number of people who died in motor vehicle traffic accidents during the first nine months of 2016 increased by 8% over the previous year, the National Highway Traffic Safety Administration indicated on Jan. 13.
January 13, 2017