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.
Artificial Intelligence in Cold Chain Removes Manual Probing
Quality Custom Distribution partnered with EROAD to replace the costly, unreliable process of manual temperature monitoring. The implementation of a new Artificial Intelligence-driven solution has resulted in the elimination of manual temperature checks and significant cost savings for QCD.
November 1, 2023How Business Leaders Can Speed Up IoT Deployments
Learn how these enterprises are turning to integrated IoT offerings from mobile network operators to create manageable, large-scale IoT deployments by packaging frequency band options (including 5G), account and contract streamlining, and a full slate of IoT lifecycle support services.
November 1, 2023Traton Reports Revenue Growth to $12 Billion for Q3
Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.
Eaton Q3 Profit Jumps, Beats Analyst Expectations
Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.
Forward Air Reports 82% Earnings Drop During Q3
Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.
FMCSA Grant Helps West Virginia Report CMV Crashes
West Virginia will use an FMCSA grant for $140,729 to provide more accurate and timely data to state law enforcement about commercial motor vehicle safety accidents.
Yokohama Executives Say Fleets Still Adjusting Post-Pandemic
WEST POINT, Miss. — Executives from Yokohama Tire Corp. said their motor carrier customers have adjusted well to the post-COVID economy, but it's not business as usual.
Freightliner eM2 Serial Production Begins at Portland Plant
Serial production of Freightliner’s eM2 medium-duty battery-electric truck began at Daimler Truck North America’s Portland, Ore., manufacturing plant in recent days, DTNA said Oct. 26.
Schumer Wants FTC to Examine Exxon, Chevron Acquisitions
Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.
Tevva, ElectricaMeccanica End Partnership
Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.