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.
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.
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, 2021Maxion 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, 2021Alcoa Wheels Launches Dual Valve Wheel
Alcoa Wheels introduced its new forged aluminum dual valve wheel.
September 17, 2021Embark, 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, 2021Union 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.
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.
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.
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.
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.