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

Single Drive Axles Could Reduce Your Fuel Bill

Even with the best basic specs, additional fuel savings will come from substituting a single drive axle for the standard tandem axle drive system.

John Baxter | Special to Transport Topics
October 8, 2021
Business, Technology

Scholarships Bring Opportunities to Students Looking for a Sustainable Career Path

Graduates of diesel technician programs will enter a market with an increasing technician shortage.

Steve Brawner | Special to Transport Topics
October 8, 2021
Business, Technology

2022 Is the Year of Research and Discovery for TMC and Its Partners

TMC is anticipating the ability to pursue several research projects under its agreement with FPInnovations/The PIT Group that had been deferred because of COVID impacts and restrictions. This partnership enables TMC to bring its own research projects directly to The PIT Group, including accessing on-track testing capabilities.

Jack Legler | Technical Director, Technology & Maintenance Council
October 8, 2021
Government, Business

Employers Add a Weak 194,000 Jobs as Delta Maintains Hold

WASHINGTON — U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs.

Christopher Rugaber | Associated Press
October 8, 2021
Business, Technology, Autonomous

Smart Robots Do All the Work at Nissan’s ‘Intelligent’ Plant

KAMINO KAWA, Japan — Nissan’s “intelligent factory” hardly has any human workers. The robots do the work, including welding and mounting. They do the paint jobs and inspect their own paint jobs.

Yuri Kageyama | Associated Press
October 8, 2021
Business, Technology, Fuel, Autonomous

Elon Musk Says Tesla Will Move HQ From California to Texas

Tesla will relocate its headquarters from Palo Alto, Calif., to Austin, Texas, though the electric-car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Oct. 7.

Alex Veiga | AP Business Writer
October 8, 2021
Business, Logistics, Top 50

Greenbriar Reportedly Considers Sale of BDP International

Greenbriar Equity Group is exploring a sale of BDP International that could value the logistics company at more than $1.5 billion including debt, people with knowledge of the matter said.

October 8, 2021
Business, Technology, Fuel

US Loosens China’s Grip on Lithium Battery Industry

The U.S. is narrowing the gap on China’s dominance of the $46 billion lithium-ion battery industry thanks to investments from Tesla Inc. and the Biden administration’s policy push to drive growth of electric vehicles.

Yvonne Yue Li | Bloomberg News
October 7, 2021
Government, Business, Technology, Equipment, Fuel

Failing DEF Sensors Getting Software Fixes From OEMs

Software overrides for diesel exhaust fluid sensors that are in perilously short supply are making their way from truck manufacturers to repair shops, helping keep equipment on the road and prevent engine shutdowns that can leave a truck stranded when the sensors fail.

Eric Miller | Senior Reporter
October 7, 2021
Government, Business

Sen. Tom Carper Calls on US House to Pass Infrastructure Bill

WASHINGTON — The top transportation policymaker in the U.S. Senate again called for passage of a $1 trillion infrastructure measure awaiting action in the House.

Eugene Mulero | Senior Reporter
October 7, 2021