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.
Volvo Group CEO Martin Lundstedt Outlines Time of Transition for Trucking
ATLANTA — Volvo Group CEO Martin Lundstedt said the commercial vehicle industry has entered a time of transition with the rise of electric-powered trucks, automated driving technology and connected vehicles.
Bendix Prepares for Electronic Braking Transition
ATLANTA — Bendix Commercial Vehicle Systems outlined its plans to support the trucking industry’s upcoming transition toward electronic braking systems and the introduction of automated steering controls in the commercial vehicle market.
Schneider Sees Q3 Earnings Decline
The slowing U.S. economy is impacting the finances of some of the industry’s biggest truckload carriers as Schneider National Inc. saw its third-quarter financial numbers decline.
Alberta Loosens Oil Output Limits With Railroad Allowances
Alberta took a step toward easing the pain of its crude-production caps by allowing oil companies to exceed output limits if they ship the extra production by rail.
Donaldson Announces Air Filter Test Results, GeoTab Contract
ATLANTA — Donaldson Co. said recent tests show the Donaldson PowerCore filters can save fleets up to $215 per truck per year, because the filters provide 27% less restriction.
Rocketail Tweaks Aerodynamic Trailer Wings With Hinge
ATLANTA — Rocketail announced it will be making its two side wings, attached to improve a trailer’s aerodynamic flow, flexible upon contact.
Fiat Chrysler, Peugeot to Create Fourth-Biggest Carmaker
MILAN — Fiat Chrysler and France’s PSA Peugeot said Oct. 31 they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.
October 31, 2019Ford, UAW Reach Tentative Contract Agreement
DETROIT — The United Auto Workers union has reached a tentative contract agreement with Ford after three days of intense bargaining.
MEKRA Lang Launches New Digital Vision System
ATLANTA — MEKRA Lang launched a new digital vision system at the North American Commercial Vehicle Show, announcing the sideview-mirror replacements will be standard equipment on Mercedes-Benz Actros trucks.
Isuzu Sees Opportunity in Final-Mile Growth
ATLANTA — Final-mile delivery of consumer goods has changed trucking, and the change will continue to evolve transportation methods, according to Isuzu Motors officials.