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, Technology, Equipment, Fuel

Horton to Launch New Emissions-Cutting Fan Drives, Blades

ROSEVILLE, Minn. — Horton Holding Inc. will launch in September new variable-speed fan drives and fan blades designed to improve commercial vehicle cooling system performance and help engine makers meet the increasingly stringent requirements in Phase 2 of the federal greenhouse-gas regulations.

Roger Gilroy | Senior Reporter
July 20, 2018
Business, Logistics, TCA

Is Amazon Moving Into a Former Ohio Mall Site?

Almost every indicator points to an Amazon fulfillment center, or something like it, at an old Ohio mall near Akron.

Doug Livingston | Akron Beacon Journal
July 20, 2018
Government, Business, Technology, Editorial

Editorial: Influx of Talent on the Horizon

It’s our hope that the executive order President Donald Trump signed last week to create the National Council for the American Worker will lead to an influx of new talent across the industry’s spectrum — from behind the wheel to behind the scenes.

July 19, 2018
Business, Safety

First Time’s the Charm for Alaska Grand Champion Ryan Wolcoff

The saying goes, “If at first you don’t succeed, try, try again.” Ryan Wolcoff, a truck driver for SPAN Alaska, won’t have to put that idiom into practice. He succeeded on the first try.

Keegan Wiggins | Special to Transport Topics
July 19, 2018
Business, Logistics

Union Pacific 2Q Earnings Are Up, but Facing Efficiency Challenges

Union Pacific Corp. on July 19 reported second-quarter net income of $1.51 billion, a 29% increase over $1.17 billion in the year-ago period.

July 19, 2018
Government, Business

Trump Signs Order to Boost Workforce Development

Trucking industry executives joined President Donald Trump at the White House on July 19 for the signing of an executive order that establishes a council focused on increasing resources for workforce training.

Eugene Mulero | Senior Reporter
July 19, 2018
Government, Business, Logistics

Nation’s Ports Set Records, but Concerns Heighten Over Tariffs

Ports across the United States are reporting record volumes, but transportation officials are raising concern that economic tariffs being imposed against other countries by the Trump administration — and retaliatory efforts those nations are enacting in response — could affect the longer-term global trade outlook.

Dan Ronan | Senior Reporter
July 19, 2018
Business, Equipment

Brake Supplier Haldex Rides Market Strength to Higher Earnings

Commercial vehicle brake supplier Haldex AB reported net income more than quadrupled as revenue rose 16% in the second quarter amid market strength in all of its geographic regions.

Roger Gilroy | Senior Reporter
July 19, 2018
Government, Business, Technology, Equipment, Fuel

Staffers for Key Transportation Lawmakers Consider Funding Solutions

WASHINGTON — Lawmakers will likely start seriously exploring a solution for the diminishing Highway Trust Fund next year, according to Miles Chiotti, legislative director for Rep. Rodney Davis (R-Ill.)

Eleanor Lamb | Staff Reporter
July 19, 2018