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.
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.
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.
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, 2018First 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.
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, 2018Trump 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.
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.
Electric Vehicles Seen Imperiling US Jobs, UAW Says
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.
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.)