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.
Survey: US Businesses Added Slight 125,000 Jobs in October
BALTIMORE — U.S. businesses added a mere 125,000 jobs in October, a slowdown in hiring driven in part by job cuts in manufacturing and construction.
Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall
Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.
Daimler Sees Hydrogen Fuel Cells as Part of Trucking’s Future
ATLANTA — Daimler Trucks has been investing heavily in battery-electric commercial vehicles, but the manufacturer also sees a place for hydrogen fuel-cell technology in the transportation industry’s long-term move toward zero emissions.
Allison Debuts New Regional-Haul Transmission
ATLANTA — Allison Transmission introduced a new, regional-haul transmission that is designed to handle mixed duty cycles, and named Daimler Trucks North America as the first truck-maker to offer the unit.
Truck-Lite’s Road Ready Adds Cargo Volume Meter
ATLANTA — Truck-Lite Co. has added a volumetric cargo system to its Road Ready trailer telematics offerings, the company told reporters at the North American Commercial Vehicle Show on Oct. 29.
Aperia Announces Enhancement to Halo Product
ATLANTA — The expansion of Halo Connect, an analytics platform focusing on predictive tire maintenance, was announced by Aperia Technologies Inc. at the North American Commercial Vehicle Show.
PSI Touts TireViewLive’s Tire Management Benefits at NACV
ATLANTA — An enhanced feature for tire-pressure monitoring for trucks, tractors and trailers was announced at the North American Commercial Vehicle Show on Oct. 29.
SAF-Holland Introduces SMAR-te Tire Inflation Assistant
ATLANTA — SAF-Holland Group, a manufacturer of trailer suspensions, truck suspensions and coupling products, launched its SMAR-te Tire Pilot, a tire-pressure management system, at the North American Commercial Vehicle Show on Oct. 29.
Continental Shows Off Intelligent Tires
ATLANTA — German tire manufacturer Continental AG unveiled its intelligent steer tires for trucks at the North American Commercial Vehicle Show on Oct. 29.
Hyundai Looks to Bring Hydrogen Fuel-Cell Concept Class 8 to US
ATLANTA — Hyundai Motor Co. announced prototypes of a zero-emissions hydrogen fuel cell-powered Class 8 on-highway tractor and a refrigerated trailer with cryogenic cooling technology intended, potentially, for the U.S. market.