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, Safety

Stoneridge-Orlaco Announces SideEye Blind-Spot Detection System

Technology provider Stoneridge-Orlaco introduced active camera and radar detection system SideEye, which is intended to reduce blind spots and increase safety.

July 24, 2020
Government, Business, Safety

FAA Warns 737s Sitting in Storage Are Corroding During the Pandemic

Boeing Co. 737 planes in storage because of the coronavirus pandemic are at risk of losing power in both engines when they fly again and must be inspected, aviation regulators said.

July 24, 2020
Business, Technology, Equipment, Fuel

Green Energy Companies Partner to Proliferate Hydrogen Trucks

Green energy companies ReCarbon and HYZON Motors partnered July 23 in an effort to propel hydrogen-powered truck projects globally.

July 24, 2020
Business, Equipment

Paccar Parts Expands Distribution Network

Paccar Parts announced the opening of a new 163,000-square-foot parts distribution center in Ponta Grossa, Brazil.

July 24, 2020
Business, Fuel

Oil Trading Profits Soar for Energy Majors Who Made Storage Bets

In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast.

July 24, 2020
Business, Equipment

Talbert Announces 55-Ton Traveling Axle Trailer

Talbert Manufacturing Inc. announced its updated 5553TA traveling axle trailer with a revised design, aimed at the rental, towing and recovery operations as well as general construction segments.

July 24, 2020
Business, Equipment

NTEA Warns of Tough Times Ahead for Commercial Equipment Manufacturers

Commercial equipment manufacturers should brace for a prolonged downturn, an economist for an industry group said.

Connor D. Wolf | Staff Reporter
July 24, 2020
Government, Business, Fuel

Senators Advance Diesel-Reduction Program

A program meant to improve air quality by reducing diesel emissions was included in the annual defense authorization bill the Senate passed July 23.

Eugene Mulero | Senior Reporter
July 24, 2020
Government, Business

DHS Lifts New York Trusted Traveler Ban

The Department of Homeland Security announced it will lift its ban on certain Trusted Traveler Programs for New York residents.

Eleanor Lamb | Staff Reporter
July 24, 2020
Business, Technology, Fuel, Autonomous

VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings

Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.

Christoph Rauwald | Bloomberg News
July 24, 2020