Business

About Business News...

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.

Business, Safety, Fuel

Navistar, Love’s Travel Stops Sign Truck Service Agreement

Navistar International Corp. said it has signed a service partnership agreement with Love’s Travel Stops that would add more than 1,000 technicians to Navistar’s service network.

March 11, 2019
Business, Equipment, Fuel

International Offers Powertrain Packages to Simply Spec’ing

International Truck introduced Powertrain Packages to simplify the process of spec’ing a vehicle for optimal fuel efficiency. It is an addition to the International LT Series MPG Fuel Efficiency Packages.

March 11, 2019
Government, Business

Trump Fiscal 2020 Budget Request Prioritizes Infrastructure Grants

President Donald Trump's 2020 budget proposal gives infrastructure grants a fair shake. But will the spending plan get anywhere? Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
March 11, 2019
Business, Technology, Logistics

Tesla to Raise Prices, Close Fewer Stores Than Announced

Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.

Young-Sam Cho | Bloomberg News
March 11, 2019
Government, Business, Safety

Tennessee Gov. Bill Lee Suspends HOS Rules in Wake of Flooding

Rules pertaining to hours of service have been relaxed for certain truckers in Tennessee who are involved in relief efforts.

Eleanor Lamb | Staff Reporter
March 11, 2019
Business, Technology

Spectrum Equity Invests in Tracking Firm Agilis

Spectrum Equity has made a significant investment in Agilis Systems, a software-as-a-service telematics business used by trucking firms, according to an Agilis news release. Terms were not disclosed.

March 11, 2019
Government, Business, Logistics

States Step In to Fund Roads After Trump’s Plans Stall

Governors in at least 11 states, including Michigan, Ohio and Connecticut, are pushing for new taxes, bond sales and tolls to raise money for long-needed work on roads, bridges and transit systems after President Donald Trump failed to enact a major infrastructure plan.

Amanda Albright | Bloomberg News
March 11, 2019
Business, Technology, Equipment, Safety

Preco Enhances PreView Side Defender System

Preco Electronics announced its PreView Side Defender II now provides radar-based blind-spot detection in addition to lane-change detection for trucks.

March 11, 2019
Business, Technology, Equipment

Bendix Wingman Fusion System Standard on International On-Highway Models

Bendix Commercial Vehicle Systems announced its Wingman Fusion enhanced collision mitigation technology now is standard on International Truck on-highway vehicles, including the LoneStar, LT Series and RH Series.

March 11, 2019
Business, Technology, Logistics

Fighting Fakes Was a Big Reason Behind Amazon’s Big Vendor Purge

Amazon.com on March 9 hinted that fighting counterfeits was a reason for its sudden and unexplained purge of thousands of vendors that sowed panic among longtime suppliers.

Spencer Soper | Bloomberg News
March 11, 2019