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.
Fleet Complete Offers Cummins' Connected Diagnostics
Fleet Complete announced a collaboration with Cummins Inc. to provide the Cummins Connected Diagnostics application to customers using the Fleet Complete internet of things platform who have Cummins engines in their vehicles.
July 19, 2019Leslie Doggett Industries Acquires Truck Enterprises Inc.
Leslie Doggett Industries, through its Doggett Truck Group, announced it acquired privately held Truck Enterprises Inc., an authorized Western Star, Detroit Diesel and extreme heavy-duty trailer dealer with locations in El Paso, Texas, and Carlsbad, N.M.
July 19, 2019Love’s Expands in Arkansas
Love’s Travel Stops & Country Stores announced the opening of a location in Hazen, Ark., its 13th in the state, that has 111 parking spots for trucks.
July 19, 2019Walmart Shuffles Leadership Team for Store-Digital Integration
Walmart Inc. still is trying to get its structure just how it wants it. The retail giant announced its second internal restructuring in as many months as it tries to better integrate its money-losing online business in the United States with its physical stores.
Oil Heads for Worst Week Since May Amid US-Iran Tensions
Oil surrendered an early gain July 19 as Tehran denied President Donald Trump’s claim that the U.S. downed an Iranian drone near the Strait of Hormuz, an assertion which had earlier helped oil snap back from four days of losses.
Continental Renames Longhaul Tire
Automotive supplier and tire manufacturer Continental announced it renamed its longhaul tire for improved clarity among fleets and dealers.
July 19, 2019Kansas City Southern Reports Record 2Q Revenue
Kansas City Southern on July 19 reported record second-quarter revenue of $714 million, up 5% compared with 2018’s $682.4 million.
GM Chinese Ally SAIC Braces for First Decline in Annual Sales in 14 Years
SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter.
July 19, 2019Closing the Skills Gaps
It's important for technicians to be savvy with technology, but companies will also train mechanically inclined techs and teach them new skills.
Understanding the Numbers Behind the Technician Shortage
For what seems like ages, whenever discussions occur within this industry about the technician shortage, this question inevitably arises: “Just exactly how many technicians do we need?” A fair question, right? But not an easy one to answer.