Business
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.
Samsara Improves Integration With LoadMaster
Samsara has further integrated its fleet management software with LoadMaster Enterprise, the trucking technology company announced Feb. 3.
As Equipment Market Slows, Truck Dealers Focus on Parts, Service
To compensate for a slowdown in new equipment sales, truck dealers are turning their attention to parts and services as well as other revenue and profit generators.
Connecticut Eyes Vote on Heavy Trucks Toll
As hundreds of people filled the Connecticut Legislative Office Building on Jan. 31 to loudly proclaim their position on tolls, two top Democrats and Gov. Ned Lamont gathered under the gold dome nearby and resolved to adopt the plan within two weeks.
Survey: US Factories Expand for First Time Since July
U.S. factories expanded unexpectedly last month, snapping a five-month losing streak.
Factories Brace for Virus Blow Just as Demand Starts to Pick Up
The slow improvement in global manufacturing could be about to take a pause — or worse — as firms brace for supply-chain disruptions and a blow to demand from the spread of the coronavirus.
Ryder Expands Truck-Sharing Program COOP
Ryder System Inc. will expand its ride-sharing program for trucks to meet growing demand, the Miami-based company announced Feb. 3.
Wabco Announces New Aftermarket Strategies
Wabco Holdings Inc. announced its expanded product and service online platform will launch in March, enabling customers to access its replacement components and retrofit kits.
US Mulls Global Parcel Fee Change as Part of Contraband Fight
President Donald Trump signed an executive order Jan. 31 designed to combat the flow of foreign counterfeit goods sold on e-commerce platforms like the websites of Amazon .com Inc., eBay Inc. and Walmart Inc.
China Plant-Closing Cascade May Cost Automakers 1.7 Million Cars
Forget about clinging to hopes that China, the world’s largest car market, will recover from its unprecedented two-year slump anytime soon.
February 3, 2020Knorr-Bremse to Acquire R.H. Sheppard From Wabco
Knorr-Bremse AG announced it intends to acquire R.H. Sheppard Co. Inc. from Wabco Holdings Inc. to strengthen its position in steering systems for commercial vehicles, including in emerging highly automated trucks. The price was $149.5 million.