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, Technology, Equipment, Safety

TMC Holds Debate on the Future of Tractor-Trailer Connections

CLEVELAND — Trailer connectivity was a key focus of product announcements at American Trucking Associations’ Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition, but debate continues on how to best implement and integrate the various technologies in the mix.

Connor D. Wolf | Staff Reporter
September 17, 2021
Business, Technology, Equipment, Fuel

Kruger Energy Adds First Peterbilt 579EV Models in Canada

Kruger Energy announced it purchased two Class 8 Model 579EV trucks from Peterbilt Motors Co., marking the first of the vehicles the truck maker has sold in Canada.

September 17, 2021
Business, Equipment

Maxion Begins Production of 64-Pound Steel Wheel

Maxion Wheels announced its 64-pound steel truck wheel, Tough and Light, is in production at its San Luis Potosí, Mexico, commercial vehicle steel wheels plant.

September 17, 2021
Business, Equipment

Alcoa Wheels Launches Dual Valve Wheel

Alcoa Wheels introduced its new forged aluminum dual valve wheel.

September 17, 2021
Business, Technology, Fuel, Autonomous

Embark, HP Introduce EV Drayage Within Autonomous Truck Operations

Embark Trucks Inc., developer of self-driving software for the trucking industry, has partnered with HP Inc. to combine electric and autonomous truck technology, the companies announced Sept. 14.

September 17, 2021
Government, Business, Logistics

Union Pacific CEO Sees Strong Economy Coming Out of Pandemic

Union Pacific CEO Lance Fritz is working to help clear up a major backlog in imported shipments.

Josh Funk | Associated Press
September 17, 2021
Government, Business, TCA

Caltrans Releases Video for Highway 70-99 Corridor Plan

Caltrans released a virtual open house video presenting the California State Routes 70-99 Comprehensive Multimodal Corridor Plan (SR 70-99 CMCP), according to an agency news release.

Appeal-Democrat | (Marysville, Calif.)
September 17, 2021
Business, Logistics

CN Rail Targets Cost Cuts, Share Buybacks to Fend Off Shareholder Revolt

Canadian National Railway Co. said it plans to cut spending, streamline management and buy back C$5 billion (about $4 billion) of stock next year as its tries to ward off a shareholder revolt started by TCI Fund Management Ltd.

Derek Decloet | Bloomberg News
September 17, 2021
Business, Technology, Equipment

ADAS Adoption Linked to Other Key Industry Issues, ATRI’s Dan Murray Says

CLEVELAND — Truckers’ acceptance of advanced driver assistance systems is a key element for fleets interested in adopting these technologies, but the industrywide driver shortage presents a challenging consideration, according to American Transportation Research Institute Senior Vice President Dan Murray.

Eleanor Lamb | Staff Reporter
September 16, 2021
Business, Technology, Equipment

Tire Data Ownership, Safety Explored

CLEVELAND — Truck tire manufacturing representatives received pushback over data ownership and safety during a panel discussion at American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition.

Connor D. Wolf | Staff Reporter
September 16, 2021