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.
Peterbilt Plans to Craft Product Strategies to Meet Customer Demand
SCOTTSDALE, Ariz. — Peterbilt Motors Company is keeping an open mind toward innovation, as it explores various technologies and options for diversifying its product offerings in the years ahead, company executives said here.
Peterbilt Unveils New Sleeper Design
SCOTTSDALE, Ariz. – Peterbilt Motors Co. has introduced a new sleeper design that offers improved aerodynamics, is available in single-and double-bunk designs, and was designed with input from drivers, the company said here.
Sales Rise 25% for Allison Transmission
Allison Transmission Holdings, the Indianapolis-based provider of fully automatic transmissions for heavy-duty trucks, reported fourth-quarter and full-year results.
February 15, 2018Pilot Flying J's Ex-President Mark Hazelwood Found Guilty of Conspiracy in Fraud Trial
CHATTANOOGA, Tenn. — A jury on Feb. 15 found former Pilot Flying J President Mark Hazelwood and account representative Heather Jones guilty of conspiracy to commit wire and mail fraud. Former employees Scott Wombold and Karen Mann were found not guilty of conspiracy.
January Class 8 Sales Pass 14,000
U.S. retail sales of Class 8 trucks in January jumped 32.1% to more than 14,000, WardsAuto.com reported, as signs of a strong economic expansion increased.
House Committee Approves Guiding Principles for Infrastructure Bill
Legislation that would address growing funding demands for infrastructure projects should reduce regulations, and connect agencies with private investors, the House Transportation and Infrastructure Committee indicated in a pronouncement members easily adopted Feb. 14.
Cummins Top Overall Supplier of Class 8 Diesel Engines in 2017
Independent engine maker Cummins Inc. supplied more diesel engines used in Class 8 trucks in 2017 than any other engine maker, earning nearly a 40% market share overall amid expanding demand, WardsAuto.com reported.
Crowley Sees $2.3 Billion Military Contract as Test of Logistics Capabilities
More than a year after winning a contract to handle freight shipments for the U.S. Transportation Command, Crowley Logistics has executed the first cargo move under a $2.3 billion multiyear Defense Freight Transportation Services contract.
February 15, 2018'Cars Are to Us What Books Are to Amazon,’ Uber CEO Says
Speaking at a conference in San Francisco, Uber Technologies Inc. CEO Dara Khosrowshahi rattled through the company’s ambitions: food delivery, freight, autonomous vehicles and even buses and bikes.
February 15, 2018Turn Times at California Ports Slow One Minute in January
The average time to enter and exit the two largest containerports in the United States slowed one minute in January on a year-over-year basis, although the percentage of trips over two hours fell in the same period.