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.
Eaton Prepares for New Emissions Regulations
ATLANTA — Upcoming regulations are expected to call for reducing simultaneously carbon dioxide and nitrogen-oxide emissions — prompting new engine components and processes, including hybrid-electric powertrains, an executive with Eaton Vehicle Group said.
P.S.I. Announces Latest Tire Management Product TireView
ATLANTA — Pressure Systems International announced a new tire pressure monitoring system for trucks, tractors and trailers at American Trucking Associations’ 2019 Technology & Maintenance Council annual meeting March 17.
TMC, PIT Group to Explore Electromagnetic Braking
ATLANTA — American Trucking Associations' Technology & Maintenance Council and PIT Group will expand their research partner to study electromagnetic braking systems.
Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs
Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.
March 15, 2019Senators Introduce Diesel Emissions Bill
WASHINGTON — Sen. Tom Carper led his colleagues in introducing bipartisan legislation that would reauthorize the Diesel Emissions Reduction Act through fiscal 2024.
VW Sued by SEC for Misleading Bondholders on Diesel Cheating
Volkswagen AG and its former CEO were sued by the U.S. Securities and Exchange Commission over claims they failed to disclose to investors that diesel vehicles violated emissions standards, the latest twist in a software cheating scandal that already has cost the company more than $30 billion.
Manufacturing Production Unexpectedly Shrinks in February
U.S. factory production slumped for a second month in February, missing forecasts for a pickup, indicating headwinds from the trade war to slower global growth are weighing on manufacturers. Still, the prior month’s drop was revised up.
Canada Factories Halt Slide With Strongest Gain in Seven Months
Canadian manufacturers began 2019 with their strongest sales gain in seven months, bringing an end to a string of bad reports.
Tesla Unveils Model Y Crossover, but Delivery Time Reignites Cash Concerns
The Model Y crossover that Elon Musk debuted late March 14 in Hawthorne, Calif., will start being delivered to customers in the fall of next year, later than some analysts anticipated. The company immediately began taking $2,500 pre-orders, a bigger ask than the $1,000 it has charged to reserve a Model 3 sedan.
North Dakota Interstates Closed; Heavy Rain Causes Flooding in Midwest
BISMARCK, N.D. — Heavy rain falling atop deeply frozen ground has prompted evacuations along swollen rivers in Wisconsin, Nebraska and other Midwestern states, while powerful wind and snow has closed hundreds of miles of interstates in North Dakota.