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.
Truck-Lite Upgrades Super 44, 60 Series LED Lights
Truck-Lite introduced new warning light derivatives of its Super 44 and 60 Series LED lights for municipal, construction and refuse fleets. Heated options of both lights also are available.
October 22, 2022Plus Showcases ‘Driver-In’ Automated System
SAN DIEGO — Self-driving truck developer Plus provided industry executives a firsthand look at its “driver-in” automated driving system in action at American Trucking Associations’ 2022 Management Conference & Exhibition.
Automakers Weigh the Electrification of Pickups
The Detroit Three automakers are pushing toward an electrified future, but they’re not yet putting their gas and diesel-powered pickup trucks on the back burner.
Driverless Car Development Taking Longer Than Anticipated
Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robocar services.
CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight
CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.
Amazon to Take Hawaiian Airlines Stake in Cargo-Hauling Deal
Amazon.com Inc. is poised to take a stake in the parent of Hawaiian Airlines as part of a deal to expand the e-commerce giant’s cargo-hauling operations.
Michigan to Test Roads With Underground Coils for EV Charging
A Detroit roadway where electric cars and trucks can recharge via a wireless device while traveling or parked is planned as part of a new venture between Michigan and Israeli company Electreon.
Lytx Unveils Safety Solution for Parked Commercial Vehicles
Telematics company Lytx Inc. announced Oct. 21 a new safety solution to detect commercial vehicles parked on highways.
October 21, 2022Intermodal Shallow Barge Dock Opens in Mississippi
Mississippi officials celebrated a new maritime dock and railroad facility with improved truck access roads at Port Bienville on the Gulf of Mexico’s Intracoastal Waterway.
New England May Face a Gas Shortage This Winter
New England is at risk of natural gas shortages this winter amid surging global demand that’s driving up U.S. exports, according to the top federal energy regulator.