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

ZF Unveils Evasive Maneuvering System, Automated Driving With Active Steering

ALDENHOVEN, Germany — ZF Friedrichshafen unveiled its latest advances in automated driving technology for trucks, including emergency steering to avoid imminent collisions and a highway driver-assist system that automatically keeps the vehicle in its lane while maintaining safe following distances.

Seth Clevenger | Managing Editor, Features and Multimedia
July 11, 2016
Business, Government, Safety, Autonomous

Analysts See Weaker 2Q Earnings

A series of weak second-quarter earnings reports in the weeks ahead should document evidence that truck freight markets have suffered this year amid excess capacity and overstocked inventory, analysts believe.

Rip Watson | Special to Transport Topics
July 11, 2016
Business

New Panama Canal to Alter Global Logistics

Now that the expanded Panama Canal is open for business, changes to global shipping patterns will be far-reaching and gradual, experts said.

Rip Watson | Special to Transport Topics
July 11, 2016
Business

VMT Programs Advance in California, Oregon

California launched a nine-month vehicle mile tax pilot on July 1, just as its northern neighbor, Oregon, reached the first anniversary of its own program.

David Elfin | Staff Reporter
July 11, 2016
Business, Autonomous

Rush Enterprises Names Michael McRoberts Chief Operating Officer

Publicly traded truck dealership Rush Enterprises Inc. announced that it had appointed Michael McRoberts as chief operating officer, effective immediately.

July 8, 2016
Business

Goodbye, Drivers: DHL Opens Location Where Packages are Walked to Customers

DHL has opened a retail service center in lower Manhattan to increase market share for pickup and deliveries to Wall Street and the entire financial district.

July 8, 2016
Business, Logistics

Third-Party Logistics Market Expected to Pass $1.1 Trillion by 2022

An Allied Market Research report finds that the global third-party logistics market is expected to reach $1.1 trillion over the next six years.

July 8, 2016
Business, Logistics

Universal Logistics Says Second-Quarter Earnings to Trail Forecasts

Universal Logistics Holdings Inc. has become the third truckload operator to announce its second-quarter earnings will fall short of the average analyst estimate due to weak freight markets.

July 8, 2016
Business, Logistics

Schneider Truck Driver Wins National Award for 51 Years of Safety on the Road

Bob Wyatt, Schneider's most-decorated and longest-tenured driver, won the 2016 International Driver Excellence Award from the Commercial Vehicle Safety Alliance.

Rick Romell | Milwaukee Journal Sentinel
July 8, 2016
Business

Trucking Loses 6,300 Jobs in June as Overall Hiring Rises

Trucking lost 6,300 jobs in June as overall hiring increased by 287,000, the Labor Department reported July 8.

July 8, 2016