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.
DTNA to Recall 18,105 Freightliner Cascadias
Daimler Trucks North America is recalling 18,105 of its 2018-19 Freightliner Cascadia models due to an issue with its brake caliper mounting bolts.
July 20, 2018The Low-Rolling-Resistance Trade-Off
The technology behind low-rolling-resistance tires is based on the benefit of reducing the resistance that’s caused by tires rolling on the surface of a roadway. Reducing this resistance means that the truck requires less energy and fuel, and as a result, runs more efficiently, industry experts said.
Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service
Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind.
New Jersey Warehouse Guard Foils July 4 Robbery
A warehouse security guard in New Jersey who was overpowered by gun-toting thieves July 4 was able to free himself and contact the police to help foil a robbery attempt, according to police reports.
July 20, 2018Wabco Operating Income Climbs 35% in 2Q
Commercial vehicle supplier Wabco Holdings reported second-quarter operating income of $146.5 million, up 35% from $108.4 million in the same period a year ago. Earnings per share rose to $1.95, up 21% from $1.61.
July 20, 2018Freight Trains Get Go-Ahead to Travel Closer to Light Rail Line in Minneapolis
A major roadblock in Minneapolis involving how its Southwest light rail and freight trains operate close to one another has been resolved, freeing local transit planners to apply for nearly $1 billion in federal funds to help pay for the project.
Great Lakes Shipping Supports 237,00 Jobs, Study Finds
A new study found that Great Lakes shipping to ports such as the Port of Indiana-Burns Harbor and the Port of Chicago on the South Sides pumps $25.6 billion into the economy and supports 237,000 jobs, including 147,500 in the Midwest.
Mnuchin Shift to Trade Warrior Makes Him Likely G-20 Target
The U.S. Treasury Department has gone from economic diplomats to trade warriors, a shift that leaves Secretary Steven Mnuchin once again exposed to broadsides from global counterparts as tensions grow ahead of a multilateral summit.
Fleet Executives Offer Insights to Improve Truck Spec’ing Process
Truck spec’ing will continue to evolve, but a couple of fleet executives had some suggestions for truck makers on ways to improve the process.
Mack Trucks, Lytx Expand Video Telematics Deal
Mack Trucks grew its relationship with video telematics firm Lytx Inc., offering a pre-wire option of its DriveCam and Video Services technology to buyers of Mack Granite Class 8 vehicles.
July 20, 2018