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.
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.
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.
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.
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.
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, 2016Goodbye, 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, 2016Third-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, 2016Universal 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, 2016Schneider 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.
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