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

FedEx Delivers River Otter Pup

FedEx Corp. delivered a river otter pup named Oliver to the Downtown Aquarium in Denver last week after an overnight layover at the FedEx Express World Hub in Memphis.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
March 28, 2016
Business

Pending Sales of Existing Homes Increase by Most in a Year

Contracts to purchase previously owned homes rebounded more than forecast in February as sales picked up in most of the United States, a good sign as the spring-selling season approaches.

March 28, 2016
Business

Consumer Spending Rises 0.1% in February for Third Month

Personal spending barely increased in February, and the prior month’s advance was revised down as Americans saved more of their incomes.

Michelle Jamrisko | Bloomberg News
March 28, 2016
Technology, Government, Business, Safety, Autonomous

E-Logs Improve Business Processes, Fleets Say, as Industry Preps for Mandate

DALLAS — Electronic driver logs can streamline fleets’ business processes and improve hours-of-service compliance, but driver outreach is key for a successful rollout, trucking executives said.

Seth Clevenger | Managing Editor, Features and Multimedia
March 28, 2016
Technology, Business

EDI vs. APIs

Some technology vendors say standard electronic data interchange — the transmission of data between computers following a strict format that was defined decades ago — is outdated and inefficient.

Stephen Bennett | Special to Transport Topics
March 28, 2016
Editorial, Business

Editorial: Engineering Chic

Once derided as socially awkward geeks wearing pocket protectors, engineers are doing the wildest things these days, especially in truck making.

March 28, 2016
Business

February Tonnage Sets Record

Truck tonnage jumped 8.6% in February, posting an all-time record that was helped by freight that moved later due to January storms, American Trucking Associations reported last week.

Rip Watson | Special to Transport Topics
March 28, 2016
Perspective, Business

Opinion: Investing in Drivers’ Health Pays Big Dividends

Since May 2014 and the introduction of the new medical examiner system, more than 150,000 drivers have left the transportation industry due to medical ineligibility.

March 28, 2016
Business, Technology

Daimler's Autonomous Platoon Debuts on Germany's Autobahn

DÜSSELDORF, Germany — Daimler Trucks demonstrated what it called the next milestone in autonomous driving by running a three-truck platoon on a public stretch of the autobahn.

Neil Abt | Editorial Director
March 28, 2016
Business

Analysis: Trucks Make Everyone Smarter in Bernhard’s Connected Vision

DÜSSELDORF, Germany — Wolfgang Bernhard, the head of Daimler AG’s global truck and bus unit, said the connected truck — beyond being a benefit to the entire supply chain — offers technology that leads to a “happy driver.”

Neil Abt | Editorial Director
March 28, 2016