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.
Interactive Map: Where the 2018 Top 100 For-Hire Carriers Are in North America
Find out where the carriers are by regions in North America.
July 16, 2018Jeff Sass Leaves Navistar
Jeff Sass — who was most recently senior vice president, North America Truck Sales, Navistar Inc. — has left the company to pursue other opportunities, Transport Topics has learned.
UPS, Teamsters Reach Tentative Agreement for 11,000 Freight Workers
UPS Inc. and the International Brotherhood of Teamsters have reached a tentative agreement on a new five-year contract that will cover an estimated 11,000 UPS Freight employees, the package delivery giant and union announced July 13.
Brent Shull Becomes Kentucky's Grand Champion on His Worst Day Competing
Imagine going through one of your worst performances ever in competition, in an event you selected because nobody else wanted it. And, when it’s all said and done, you leave the field as the big winner.
Strick Offers New DuoPlug
Strick Trailers announced its patent-pending DuoPlug will be installed on all its trailers beginning in September. DuoPlug is designed to allow moisture to escape while keeping debris out of the internal cavities of the upper coupler assembly on a trailer.
July 13, 2018TravelCenters of America Opens Retreading Facility in Ohio
TravelCenters of America announced the grand opening of the TA Commercial Tire Network Retread Center, located in Bowling Green, Ohio. The 32,000-square-foot facility is part of the Goodyear Authorized Retread Network.
July 13, 2018US Expected to Become World’s Top Oil Producer Next Year
The United States has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world’s biggest oil producer for the first time in more than four decades.
Trucking Company Owner Sentenced in Bribery Case
Trucking company owner Orlinte Cruz was sentenced for bribing a state trooper for inspection decals. The judge sentenced him to a year in custody, with six months to be served in home confinement because she felt he could share "life lessons" with his community.
Wabco Agrees to Sell Steering Components to OEM in India
Wabco Holdings Inc. reached an agreement with Tata Motors, India’s largest vehicle manufacturer, to supply that original equipment manufacturer with hydraulic power steering systems for Tata’s new line of heavy-duty trucks.
July 13, 2018Exxon Quits Lobbying Group Backed by Fossil Fuel Interests
Exxon Mobil Corp. quit the American Legislative Exchange Council, a lobbying group bankrolled by fossil fuel companies, after a disagreement over climate change policy.