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, Fuel

Diesel Average Slips 0.8¢ to $2.399 a Gallon

The U.S. diesel average price slipped 0.8 cent to $2.399 per gallon, according to a Department of Energy survey of fueling stations released Sept. 12, as the price of crude continued to fluctuate.

September 12, 2016
Business, Autonomous

Self-Driving Trucks? Truckers Say: Hit the Brakes

SAN FRANCISCO — Walt Martin spent a decade as a longhaul truck driver, logging as many as 200,000 miles a year on the road.

Marco della Cava | USA Today
September 12, 2016
Business

Musk Says Tesla's New Autopilot Could Have Saved Driver

Elon Musk unveiled a new version of Tesla Motors Inc.’s Autopilot software on Sept. 11, saying its emphasis on radar over cameras to guide semi-autonomous cars might have saved the life of a driver in May.

Dana Hull | Bloomberg News
September 12, 2016
Business

American Trucking Associations Names Rusty Duckworth Chief Financial Officer

American Trucking Associations President Chris Spear announced that Rusty Duckworth has been promoted to chief financial officer.

September 12, 2016
Business, Logistics

Hanjin Ship Unloading at Long Beach After Bankruptcy Ruling

A Hanjin Shipping Co. vessel began unloading its part of $14 billion worth of cargo Sept. 10 at the Port of Long Beach in California after a U.S. court granted the company a reprieve from having its assets seized, easing a cargo bottleneck resulting from the container line’s filing for bankruptcy protection.

September 12, 2016
Business, Technology

Houston Port Shuttle Hailed as Potential Freight-Handling Breakthrough

A futuristic freight-hauling shuttle that can move massive cargo containers from one major shipping terminal to another at up to 70 miles per hour without using a drop of diesel or stopping at a single traffic light is set to get its real-world debut at the Port of Houston.

Dug Begley | Houston Chronicle
September 12, 2016
Business, Logistics

Hanjin Collapse Is Triggering Short-Term Rate Spike, Maersk Says

Maersk Line, the world’s largest container shipping company, is seeing a short-term rise in freight rates and an inflow of new clients after the collapse of Hanjin Shipping Co.

September 12, 2016
Business

Amazon Cuts Delivery Times in Continuing Push Against Rivals

Amazon.com Inc. is speeding the delivery of USB cables, smartphone screen protectors, cosmetics and other small, flat items in its continuing push against rival marketplaces that help overseas manufacturers and suppliers sell directly to U.S. shoppers.

September 12, 2016
Perspective, Business, Safety, Autonomous

Opinion: It’s Always Time to Appreciate Our Truck Drivers

One thing we’ll start to hear more about in the coming months is the next administration’s first 100 days in the Oval Office. It’s an opportunity to articulate a vision and begin executing new goals. As ATA’s new president and CEO, I’m nearing the end of my first hundred days in office and it has been an exciting time for me and our leadership team. There have been meetings to take and calls to make and all that goes into starting a new job, but we’ve hit the ground running to start securing victories for the trucking industry.

September 12, 2016
Editorial, Business, Autonomous

Editorial: Future Trucks Today

No quiet end to summer this year. Original equipment manufacturer executives have not been lounging poolside.

September 12, 2016