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.
Rollout of Active Steering in Trucking Draws Near
Active steering is steadily moving beyond the prototype stage and is expected to become available in commercial trucks within the next couple of years.
January 2, 2018Passenger Cars Could Point Path to Automated Steering in Trucks
The passenger car market serves as an example of the kinds of automated steering systems truck makers will likely offer in the future.
Global Manufacturers Strain to Keep Up With Faster World Economy
Factories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.
January 2, 2018Diesel Forward, H.G. Makelim Heavy Duty Division Merge
Diesel engine parts distributors Diesel Forward and H.G. Makelim Co.’s Heavy Duty division merged Dec. 18 in a pairing that will expand the geographic reach of the firms.
January 2, 2018Philly’s Port Prepares for Further Growth: Bigger Ships, Expanded Cargoes, New Cranes
At the Port of Philadelphia, two harbor cranes, as large as any in the world, will arrive in early March.
St. George Logistics Acquires Channel Distribution
St. George Logistics has acquired Channel Distribution Corp., a warehousing and final-mile company based in Bensenville, Ill.
December 28, 2017Scott Clark to Be Chairman, President of Michelin North America Effective Jan. 1
Michelin Group appointed Scott Clark the next chairman and president of Michelin North America, effective Jan. 1.
December 28, 2017BlackBerry Radar Teams With BigRoad, Pana-Pacific
BlackBerry continued its push into the freight hauling industry by expanding the availability of its Radar asset-tracking device through partnerships with two large distributors — BigRoad Freight and Pana-Pacific.
December 28, 2017Wabco Invests $10 Million in Nikola
Commercial vehicle supplier Wabco Holdings Inc. announced it has made a $10 million strategic investment in Nikola Motor Co., which is developing hydrogen-electric Class 8 trucks and other vehicles, vehicle components, energy storage systems and electric vehicle drivetrains.
December 28, 2017Accuride to Add Five Distribution Centers
Commercial vehicle supplier Accuride Corp. announced it will extend its North American distribution network to target key regional markets to reduce lead times and provide aftermarket customers with new shipment options.
December 28, 2017