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, Safety

Solutions to Support and Retain Drivers

In June 2023, we asked "How do in-cab driver coaching systems work and why is it important to give drivers feedback in real-time rather than after-the-fact?" Jean-Sebastien Bouchard, Co-Founder and Executive Vice President of Sales at ISAAC Instruments, answered. Originally hosted during our Transport Topics Magazine Series Event - Shift - we isolated the discussion to make it easier to enjoy and to share.

August 1, 2023
Business, Technology, Safety

How the Fleets of the Future Operate

In June 2022, we asked "What role does connectivity play in the deployment of electric and autonomous vehicles?" Nada Jiddou, Executive Vice President and General Manager for Road Ready, answered. Originally presented during our Transport Topics Magazine Event - Optimize - we isolated the discussion to make it easier for you to enjoy and to share. 

August 1, 2023
Business, Equipment

Your Guide to Better Maintenance Shop Operations

In August 2021, we asked "What are some of the most pressing concerns about efficiency that maintenance shop managers could address immediately?" Jacob Findlay, CEO and Founder of Fullbay, answered. Originally hosted during our first Transport Topics Magazine Series Event - Retool - we isolated the discussion to make it easier to enjoy and to share.

August 1, 2023
Government, Business, Safety

Senate Passes Supply Chain-Related Defense Bill

A proposal to further facilitate access for trucks to military bases and installations was approved as part of a defense policy bill in the U.S. Senate.

Eugene Mulero | Senior Reporter
August 1, 2023
Government, Business, Safety, Logistics

Construction Costs Soar on Alaska Freight Route

Inflation is blamed for sending project completion costs soaring 68% since 2021 to today’s $840 million to complete a freight route for bringing goods into Alaska from the port in Anchorage.

Noël Fletcher | Staff Reporter
August 1, 2023
Business, Technology

Ford Restarts Lightning Plant as Price Cuts Spark Demand

Ford Motor Co. restarted production of the F-150 electric Lightning pickup truck as price cuts stoke higher demand from buyers.

Gabrielle Coppola | Bloomberg News
August 1, 2023
Business, Equipment

Caterpillar Defies Slowdown Fears as Profit Tops Estimates

Caterpillar shook off concerns of a global slowdown in economic activity, posting profit that exceeded Wall Street’s expectations amid demand for the company’s iconic yellow machinery.

Joe Deaux | Bloomberg News
August 1, 2023
Government, Business, Technology, Fuel

Tesla Wants to Build Texas-to-California Semi Charging Route

Tesla reportedly is seeking nearly $100 million from the U.S. to build nine electric semi-truck charging stations along a route from the southern border of Texas to northern California.

Sean O'Kane and Dana Hull | Bloomberg News
August 1, 2023
Business, Fuel

BP Profits Are Cut in Half to $2.6 Billion

LONDON — Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first quarter as oil and natural gas prices have fallen.

August 1, 2023
Government, Business, Technology, Safety

NHTSA Investigates Tesla Steering Control Complaints

The National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in Tesla 2023 Models 3 and Y electric vehicles.

August 1, 2023