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, Logistics

Samsara Improves Integration With LoadMaster

Samsara has further integrated its fleet management software with LoadMaster Enterprise, the trucking technology company announced Feb. 3.

Connor D. Wolf | Staff Reporter
February 3, 2020
Business, Equipment

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.

Stephen Bennett | Special to Transport Topics
February 3, 2020
Government, Business, TCA

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.

Kaitlyn Krasselt and Ken Dixon | The Hour (Norwalk, Conn.)
February 3, 2020
Government, Business

Survey: US Factories Expand for First Time Since July

U.S. factories expanded unexpectedly last month, snapping a five-month losing streak.

Paul Wiseman | Associated Press
February 3, 2020
Government, Business, Logistics

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.

February 3, 2020
Business, Technology, Equipment, Logistics

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.

Connor D. Wolf | Staff Reporter
February 3, 2020
Business, Technology, Equipment

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.

Roger Gilroy | Senior Reporter
February 3, 2020
Government, Business

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.

Justin Sink | Bloomberg News
February 3, 2020
Business

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, 2020
Business

Knorr-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.

Roger Gilroy | Senior Reporter
February 3, 2020