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

UPS Drone Test Fosters Optimism

Drone technology is evolving so rapidly that companies such as UPS Inc., FedEx Corp. and Amazon.com could be using them within five years, according to industry watchers.

Ari Ashe | Staff Reporter
October 3, 2016
Business

TMW, PeopleNet Strengthen Collaboration

NASHVILLE, Tenn. — TMW Systems and PeopleNet unveiled their latest steps to unite their capabilities and build a more comprehensive, integrated technology platform.

Seth Clevenger | Managing Editor, Features and Multimedia
October 3, 2016
Business

Higher Driver Pay Overtakes Fuel as Fleets' Top Expense, ATRI Says

Trucking’s operational costs fell 6% per mile last year, on a year-over-year basis, helped by a 31% drop in fuel prices that outweighed the highest-ever driver pay as well as increased insurance and truck payment expenses.

Rip Watson | Special to Transport Topics
October 3, 2016
Business

NACFE Says Platooning Becoming Realistic Option

Truck platooning is an increasingly realistic opportunity, with key foundational technologies already in the marketplace and testing is under way.

Roger Gilroy | Senior Reporter
October 3, 2016
Business

VW-Navistar Deal to Yield New Engine Platform for 2021

HANOVER, Germany — The recently announced Volkswagen-Navistar deal will yield a new North American engine platform for 2021, the top executives with both companies said here.

Neil Abt | Editorial Director
October 3, 2016
Business

Responses Mixed on Federal Pilot Project to Allow Young Vets to Run Interstate

While the idea clearly has strong supporters, not everyone agrees that allowing young drivers behind the wheel of big rigs is either safe or a wise solution to one of trucking’s biggest headaches: the driver shortage.

Eric Miller | Senior Reporter
October 3, 2016
Business, Safety, Autonomous

ATA’s New Leadership to Share Vision for Federation at Annual Conference

This week’s annual Management Conference & Exhibition, hosted by American Trucking Associations, is expected to draw a record number of attendees, including industry leaders and some of the most influential federal regulators.

October 3, 2016
Special Coverage, Business

Exhibitors Offer Solutions to Regulatory and Marketplace Challenges

LAS VEGAS — American Trucking Associations' Management Conference & Exhibition exhibit hall, which opened Oct. 2, drew 170 exhibitors, of whom 45, or 26%, were at the event for the first time. Watch video of ribbon-cutting ceremony.

Roger Gilroy | Senior Reporter
October 2, 2016
Special Coverage, Government, Business

Low-Growth Economy Persists, Seen as Likely to Continue

LAS VEGAS — The low-growth U.S. economy remains durably in place and will probably continue plodding on as business leaders are hesitant to make the sort of investments that would boost gross domestic product, in general, and truck freight volumes, specifically.

Jonathan S. Reiskin | Associate News Editor
October 2, 2016
Special Coverage, Business

Fourth LEAD ATA Class Announced

LAS VEGAS — The fourth class of American Trucking Associations’ executive leadership program was announced Oct. 2 during the association’s annual Management Conference & Exhibition. Fifteen men make up the 2017 LEAD ATA Class.

Ari Ashe | Staff Reporter
October 2, 2016