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.
Tesla Pauses Rollout of Self-Driving Software Facing Recall
Tesla Inc. has temporarily stopped rolling out its $15,000 driver-assistance system until it addresses issues that led the carmaker to recall almost 363,000 vehicles.
Supply Chains Have Healed, Yet Their Mark on Inflation to Endure
Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.
Toyota’s January Output Climbs While Honda, Nissan Report Drops
Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.
Gear Head Debuts Soy-Based Grease Pads for Fifth Wheel Lubrication
ORLANDO, Fla. — Gear Head Lube has introduced soy-based grease pads designed to provide a less messy, faster and more environmentally friendly way to lubricate tractors’ fifth wheels.
Phillips Industries Announces Plans to Move Manufacturing to Mexico in 2023
ORLANDO, Fla. — Phillips Industries by the end of 2023 will move its manufacturing base from China to North America with the launch of full-time operations near Monterrey, Mexico, the company announced.
Perspective: Knowing Cargo Theft Risks
As shippers continue to contend with supply chain disruption, they’re simultaneously experiencing another risk: historic levels of cargo theft, Loadsure's Jim Heide writes in a perspective.
Union Pacific Looking for New CEO to Replace Lance Fritz
Union Pacific Corp. said it’s looking for a candidate to replace Chief Executive Officer Lance Fritz. A hedge fund that owns a roughly $1.6 billion stake in Union Pacific pushed for his ouster.
New ConMet App Looks to Expedite Freight Mobility
ORLANDO, Fla. — ConMet announced a set of technology tools for improving communication and efficiency industrywide Feb. 26.
NACFE Releases Report on ‘Messy Middle’ for Decarbonization of Trucking
ORLANDO, Fla. — The North American Council for Freight Efficiency has released a new report examining the myriad powertrain decisions trucking companies will face on the industry’s journey toward decarbonization.
Clarios: No Dead Batteries on the Road for Commercial Fleets
ORLANDO, Fla. — Clarios presented its newest battery software program at the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition on Feb. 26.