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

Freightliner Gets First License for Autonomous-Driving Truck (with video)

LAS VEGAS — Freightliner unveiled Inspiration, the first legally licensed autonomous-driving truck in the United States on May 5, in a video spectacular splashed on the walls of Hoover Dam.

Neil Abt | Editorial Director
May 6, 2015

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Government, Business

Transportation Coalition Says Next Highway Patch Should Include Funding Fix

The next highway funding extension Congress approves should require the tax-writing panels to come up with a plan that ensures long-term funding for highways and transit projects, the Transportation Construction Coalition said May 6.

Eugene Mulero | Senior Reporter
May 6, 2015
Special Coverage, Business

Frito-Lay Reports Cutting Diesel Fuel Consumption Significantly

DALLAS — Frito-Lay North America has reduced its diesel fuel consumption significantly since it began adding natural gas, electric and high-efficiency diesel trucks to its fleet over the past 10 years, a company executive said.

Eric Miller | Senior Reporter
May 6, 2015
Business, Fuel, Government

Expeditors Net Income Jumps 27%

Expeditors International of Washington Inc. raised net income 27% to $107.3 million, or 55 cents per share, as business improved for air and ocean freight management services.

May 6, 2015
Business, Safety, Government, Logistics, Fuel

BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota

A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.

May 6, 2015
Business, Autonomous

OEM Powertrain Integration Will Reshape Telematics Market, DTNA Official Says

PRINCETON, N.J. — Truck makers’ increasing emphasis on powertrain integration and remote diagnostics will have a heavy influence on the telematics industry in the years ahead, an official at Daimler Trucks North America said.

Seth Clevenger | Managing Editor, Features and Multimedia
May 6, 2015
Government, Business

Michigan Voters Reject Transportation Funding Plan That Would Have Raised Sales Tax

Michigan voters have overwhelmingly rejected a ballot measure that would have raised the state sales tax from 6% to 7% as the key element in a sweeping transportation funding plan now dead.

Michele Fuetsch | Staff Reporter
May 6, 2015
Special Coverage, Business

T. Boone Pickens: Natural Gas Remains a Viable Option as Transportation Fuel

DALLAS — Oklahoma oil man and natural-gas supporter T. Boone Pickens on May 5 joined the chorus of optimistic voices speaking here at the 2015 ACT Expo that despite current cheap diesel prices, the future of natural gas as a transportation fuel hasn’t dimmed.

Eric Miller | Senior Reporter
May 5, 2015
Special Coverage, Business

Cummins Westport Unveils 6.7-liter Natural-Gas Engine

DALLAS — Cummins Westport Inc., the joint venture between Cummins Inc. and Westport innovations that makes natural-gas engines, unveiled a new 6.7-liter nat-gas engine that will be in full production next year.

Michael G. Malloy | Web Editor
May 5, 2015
Special Coverage, Business

Group Fighting Sex Trafficking Relies on Truckers as Watchdogs

DALLAS — A nonprofit group fighting sex trafficking on the nation's highways issued an appeal that truckers and shippers train their employees to report suspicious activities.

Eric Miller | Senior Reporter
May 5, 2015