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.
NACV Showcases Technology, Product News, Organizer Says
ATLANTA – Advancements in technology and myriad announcements about new products are among the key features of the North American Commercial Vehicle Show, a co-organizer told Transport Topics.
With Capacity to Spare, Railroads Have an Eye on Truck Cargo
Rail officials acknowledged on their third-quarter financial calls they have extra capacity to move goods because they are not carrying as much freight as they did in 2017 and 2018, when the economy was roaring.
UPS to Upgrade Health Care-Dedicated Warehouse Network
UPS Inc. will add major upgrades to its health care-dedicated warehouse and distribution network, according to an Oct. 28 news release.
Rising Home Prices, Falling Sales Hurt Small Businesses
NEW YORK — Many small companies tied to the housing market are seeing a slowdown in business, one that’s forecast to continue well into 2020.
Top Agriculture Commodity Traders Get Squeezed as Exports Falter
With U.S. grain exports expected to fall more than 20% in the 2019 crop year, Archer-Daniels-Midland Co., Bunge Ltd. and Cargill Inc. are making less money buying and selling crops.
Volvo Unveils New VNR Model, Touts Aerodynamic Option
ATLANTA — A new vehicle model meant to enhance regional-haul assignments was unveiled by Volvo Trucks North America at the North American Commercial Vehicle Show.
Fleet Advantage Adds Trailer Lease Program to Lower Costs
Fleet Advantage said it added the EXchangeIT Trailer Lease Program, allowing flexible trailer-lease options that provide a lower total cost of ownership.
October 28, 2019Next-Gen Bendix Wingman Technology Available on Mack Models
ATLANTA — Mack Trucks announced the addition of next-generation Bendix Wingman safety technology to the company’s models from the North American Commercial Vehicle Show.
Canadian Trucking Alliance Will Continue Push for Drug and Alcohol Testing Program
The Canadian Trucking Alliance will continue to urge government officials, including those recently elected, to establish a drug and alcohol testing program.
Crane Simulator Trains Baltimore Longshoremen Without Disrupting Dock Operations
The Steamship Trade Association of Baltimore bought a $500,000 simulator this year to train crane operators at the Port of Baltimore without affecting the day-to-day loading and unloading of cargo.