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

Peterbilt Demonstrates Autonomous Driving Technologies

Peterbilt Motors Co. said it demonstrated autonomous driving technologies in Detroit on its Model 579 concept truck.

September 10, 2014
Business

Wholesale Inventories Rise in July

Wholesale inventories rose 0.1% in July, the smallest increase since the same month last year, after rising 0.2% the prior month, the Commerce Department reported Sept. 10.

September 10, 2014
Government, Business

Lawmakers Tout TIGER Grants for Infrastructure Projects

Several members of Congress, both Republicans and Democrats, are boasting about grants that the Department of Transportation has awarded to projects in their districts ahead of an official announcement by the department.

Eugene Mulero | Senior Reporter
September 10, 2014
Government, Business

Movers Seek Hours-of-Service Exemption

The American Moving & Storage Association has applied for an exemption for its 3,700 member companies from federal regulations preventing motor carriers from driving following the 14th hour after coming on duty.

Eric Miller | Senior Reporter
September 10, 2014
Business, Safety, Government, Technology, Equipment, Autonomous

Cass Freight Index Rises in August

The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in August but expenditures dipped, Cass Information Systems said.

September 9, 2014
Business

Vigillo Expands Athena Data-Mining Platform

Vigillo is offering new fuel and maintenance dashboards within its Athena “big-data” platform, representing a further expansion of the company’s data analytics capabilities.

Seth Clevenger | Managing Editor, Features and Multimedia
September 9, 2014
Business, Logistics

Three Ocean Carriers Plan New Alliance

France’s CMA CGM, the world’s third-largest container shipping company, has signed an equipment sharing alliance with China Shipping Container Line and United Arab Shipping as carriers continue to seek new partners.

September 9, 2014
Business

Quantum, Mainstay Form Alliance for CNG Tanks

Quantum Fuel Systems Technologies said it has partnered with Mainstay Fuel Technologies to offer a back-of-cab compressed natural-gas system for heavy-duty trucks.

September 9, 2014
Business

Manitoulin Acquires LTL Division of Westcan Freight

Manitoulin Transport announced that it has acquired the less-than-truckload and van freight business of Edmonton-based Westcan Freight Systems. Terms were not disclosed.

September 9, 2014
Government, Business

DOT Announces $950 Million TIFIA Loan for Florida’s I-4 Project

WASHINGTON — Transportation Secretary Anthony Foxx announced on Sept. 9 that the Interstate 4 widening project in Orlando, Fla., will receive a DOT loan for $950 million.

Eugene Mulero | Senior Reporter
September 9, 2014