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.
Pilot Flying J to Expand Truck Care Services in 2018
ATLANTA — Seven Truck Care service center locations are planned to debut by the middle of the year, Pilot Flying J executives announced at the Technology & Maintenance Council annual meeting March 6.
Noregon Adds Simulation, Education Modules to JPRO Maintenance Platform
ATLANTA –Noregon announced updates to its suite of maintenance technology products during a press conference here at the Technology & Maintenance Council annual meeting.
Ultralift Power Tool for Trailer Gear Designed to Reduce Driver Injuries
ATLANTA — Ultralift Technologies has a power tool for raising and lowering trailer landing gear that the company said could help reduce the number of repetitive motion injuries among truck drivers.
Goodyear Uses Mobile App to Boost Tire Management
ATLANTA — The Goodyear Tire and Rubber Co. announced a new subscription-based mobile tire management program, Tire Optix. It is intended to help fleets add consistency to the process of managing a top cost across their entire network.
Planes, Trains and Trucks: Global Trade Boom Fires Up Oil Demand
The strength of oil consumption took analysts by surprise last year, and played a big role in crude’s recovery to a three-year high in January.
Valvoline Introduces Oil for Natural Gas Engines
ATLANTA — Valvoline Inc. launched an engine oil approved for use in natural gas fleet engines, the company announced at the Technology & Maintenance Council annual meeting March 7.
Companies Add More Jobs Than Expected, ADP Data Show
Companies in the U.S. added more workers in February than expected, underscoring continued strengthening in the labor market, according to data released March 7 from the ADP Research Institute.
CN Rail’s New CEO Apologizes to Customers, Vows Better Service
Canadian National Railway Co.’s new leader apologized to customers and vowed to clear backlogs and speed up service immediately by deploying additional resources.
Navistar Expands Parts Business Amid Strong Growth
ATLANTA — Navistar Inc. is expanding its line of remanufactured components for its trucks and its private-label, all-makes parts line as its parts business has experienced double-digit growth in the past five years, according to the company.
US Trade Gap Widens to Post-Recession High
The U.S. trade deficit widened more than forecast in January to a post-recession high, adding to figures cited by President Donald Trump as evidence of American weakness while he brings the nation to the brink of a trade war.
March 7, 2018