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.

Government, Business, Technology

2020 TMC

Transport Topics' video coverage of the 2020 Technology & Maintenance Council in Atlanta.

February 28, 2020
Business, Technology, Equipment

Utilimaster Announces New Production Facility

Spartan Motors subsidiary Utilimaster announced Feb. 26 it will develop a new vehicle production facility for aftermarket parts.

February 28, 2020
Business, Technology, Equipment

BorgWarner Announces Heavy-Duty Starter Protection Features

BorgWarner announced the first applications of its combined Smart IMS, integrated magnetic switch, plus integrated over crank protection on its Delco Remy38MT+ and 39MT heavy-duty gear reduction starters, used for both on- and off-highway commercial vehicles.

February 28, 2020
Business, Equipment

Mckinney Rentals Opens New Division to Sell Trailers

Mckinney Trailer Rentals is expanding its operation into trailer sales, the company announced Feb. 27.

February 28, 2020
Business, Equipment

Allison Increases Regular Dividend, Schedules Annual Meeting

Allison Transmission Holdings Inc. announced its board of directors approved an increase in the company’s quarterly dividend to 17 cents from 15 cents on its common stock.

February 28, 2020
Government, Business, Logistics

Apple’s Tim Cook Sees Minor Supply Chain Changes in Wake of Virus

Apple Inc. Chief Executive Officer Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition.”

Mark Gurman | Bloomberg News
February 28, 2020
Business, Technology, Equipment

Navistar Adds Connected Maintenance Feature, Aftermarket Filters

The platform uses a comprehensive, easy-to-use interface to create seamless communication with dealers throughout the service process and supports all-makes fleets.

February 28, 2020
Business, Technology, Equipment

Midtronics Announces HD Battery Diagnostic Service

Midtronics Inc. announced its DSS-5000 HD Battery Diagnostic Service System is available for commercial truck and fleet applications.

February 28, 2020
Government, Business, Logistics, TCA

Alabama Warehouse Expected to Increase Use of Inland Port, Reduce Truck Traffic

A new 30,375-square-foot storage warehouse at the Mallard-Fox Creek Port facility in Decatur, Ala., is expected to increase the use of the port and ease truck traffic on area highways, officials said.

Marian Accardi | The Decatur (Ala.) Daily
February 28, 2020
Government, Business, Fuel

Oil Plummets in Worst Week Since 2008 Amid Coronavirus Panic

Oil plunged to the lowest level in 14 months as panic from the fast-spreading coronavirus spiraled global markets deeper into losses for the seventh straight day.

Jackie Davalos | Bloomberg News
February 28, 2020