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.

Government, Business, Technology, Equipment, Safety, Fuel

CVSA Announces Results of Hazardous Materials, Dangerous Goods Blitz

A five-day unannounced hazardous materials and dangerous goods inspection special enforcement effort in June netted 1,774 violations in the United States and Canada, the Commercial Vehicle Safety Alliance reported Oct. 12.

Eric Miller | Senior Reporter
October 14, 2022
Business

Kroger, Albertsons to Merge in Bid to Create Grocery Giant

Two of the nation’s largest grocers have agreed to merge as Kroger on Oct. 14 bid $20 billion for Albertsons Companies Inc., or $34.10 per share.

Dee-Ann Durbin | Associated Press
October 14, 2022
Government, Business

Pete Buttigieg, Robin Hutcheson to Speak at MCE

Transportation Secretary Pete Buttigieg will address attendees Oct. 25 at American Trucking Associations’ Management Conference & Exhibition in San Diego, ATA announced Oct. 13.

Noël Fletcher | Staff Reporter
October 13, 2022
Government, Business, Fuel

Critical of Biden, Congressional Republicans Pursue Energy Initiatives

Senate Republicans critical of President Joe Biden’s policies and prices at the pump are pressing the administration on economic relief and to focus on domestic oil and gas production.

Eugene Mulero | Senior Reporter
October 13, 2022
Government, Business

Trevor Milton Fraud Case Goes to Jury After Passionate Closing Statements

The U.S. launched its closing statement in Nikola Corp. founder Trevor Milton’s trial on Oct. 13, claiming Milton defrauded investors with breathless hype about the electric truck maker.

October 13, 2022
Business, Technology, Equipment, Safety, Autonomous

ZF Showcases Autonomous Braking, Other Systems

EAST LIBERTY, Ohio — ZF’s Commercial Vehicle Systems Division showcased separately on two heavy-duty trucks its OnGuardMax autonomous emergency braking system and its adjustable electric power steering feature — both coming soon to the North American market.

Roger Gilroy | Senior Reporter
October 13, 2022
Business, Technology, Equipment

5G Transition Opens New Opportunities for Autonomous Trucks

The transition to a 5G wireless network is likely to open up new opportunities in terms of autonomous trucking technology.

Connor D. Wolf | Staff Reporter
October 13, 2022
Business, Logistics

Drought Worsens Across Midwest as Mississippi River Dwindles

A drought is spreading across the Midwest, drying up the Mississippi River and its tributaries that serve as a critical freight artery for the country.

Brian K. Sullivan | Bloomberg News
October 13, 2022
Business, Technology

Cybersecurity: Best Practices to Reduce Your Risks

Program Airs: October 13, 2022. Cybersecurity threats extend beyond back offices and to every vehicle on the highway. The COVID-19 pandemic and shift to more remote work has made the trucking industry a more attractive target than ever. Tune into this webinar to learn about the evolving threats and how to avoid a debilitating security breakdown. 

October 13, 2022
Government, Business, Technology, Equipment, Safety

FMCSA Denies Exemption for Intellistop’s Pulsating Brake-Lamp Technology

The Federal Motor Carrier Safety Administration has denied an exemption to the manufacturer of a brake-lamp technology with a pulsating bulb feature intended to help reduce rear-end collisions with trucks and trailers.

Eric Miller | Senior Reporter
October 13, 2022