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.
Toyota Adds $2.8 Billion to Software Push for Self-Driving Cars
Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them.
Trail King Launches Paver Special Trailer
Trailer manufacturer Trail King Industries Inc. launched its new hydraulic detachable gooseneck Paver Special trailer within its Advantage Plus Construction line.
March 5, 2018Service Industries Grow Near Fastest in at Least a Decade
U.S. service industries expanded in February near the fastest pace in at least a decade, signaling the economy is on track for steady growth this quarter, according to a survey from the Institute for Supply Management on March 5.
March 5, 2018CN Rail CEO Steps Down After Less Than Two Years
Overwhelmed by a surge in freight, Canadian National Railway Co. said its CEO is stepping down after less than two years, vowing to replace Luc Jobin with a leader who can deliver “speed and determination.”
Michelin Unveils Trailer Aero Package, Wide-Base Tire
ATLANTA — Michelin North America has unveiled a trailer aerodynamics package for dry van and refrigerated trailers, a five-piece kit that incorporates side skirts, trailer-end fairings, aerodynamic mud flaps and a wake reducer to deliver what the company said is up to 7.4% improvement in fuel efficiency.
NACFE Expands Strategy to Include New Technologies
ATLANTA — The North American Council for Freight Efficiency announced an expanded organizational strategy, including an updated brand identity and website, as it seeks to guide the development and eventual implementation of future technologies.
Stemco, Webb Introduce Trifecta Pre-Adjusted Hub Assembly
ATLANTA — Truck component supplier Stemco introduced its Trifecta pre-adjusted hub assembly, developed in partnership with Webb Wheel Products.
TMW Integrates TMT Software With Navistar’s OnCommand Connection
ATLANTA — TMW Systems has released an integration that connects its TMT fleet-maintenance software with truck maker Navistar Inc.’s OnCommand Connection remote diagnostics and parts information system.
‘Discovery’ Foam Mattress Debuts at TMC
ATLANTA — The latest model in a new line of mattresses for commercial vehicles designed to enhance comfort and ensure restful sleep was featured at the Technology & Maintenance Council annual meeting March 4.
Phillips to Launch TrailerNet Hub to Integrate Trailer Sensors
ATLANTA — Phillips Connect Technologies, a division of Phillips Industries, is preparing to launch a technology platform that integrates the growing number of sensors and smart components available for trailers.