Business

About Business News...

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.

Business

Fleet Brake Agrees to Buy Pulse Heavy Duty

Fleet Brake Parts & Service announced it has entered into a binding letter of intent to acquire the assets of Pulse Heavy Duty, a parts distributor in Dartmouth, Nova Scotia.

December 4, 2017
Business, Logistics

Kroger Switches to Penske to Handle Trucking, Warehousing in Texas

Nearly 700 employees who work in a Kroger warehouse in Keller, Texas, were laid off when the supermarket chain terminated a relationship with SouthStar and signed with Penske Logistics, but Penske said individuals affected will be able to reapply for job

December 4, 2017
Business, Equipment

Meritor Offers New Replacement Program for Drivelines

Meritor Inc. announced a quicker and more economical replacement program for Meritor Xtended Lube MXL and Permalube RPL drivelines as well as Spicer 10 Series and SPL 170/250 driveshafts.

December 4, 2017
Business

Home Improvement Retailers Team Up to Operate Houston Warehouse

Three months after Hurricane Harvey ravaged Houston, home-improvement retailers Lowe’s Cos. and NFI Industries will open up a new distribution center in the city to handle the extra volume anticipated in the rebuilding effort.

Ari Ashe | Staff Reporter
December 4, 2017
Business, Equipment

Camrock Joins Vipar Network

Camrock Oil & Supply has joined the Vipar Heavy Duty network of independent aftermarket truck parts distributors.

December 4, 2017
Government, Business, Technology, Equipment, Safety, Fuel, Logistics

Capitol Agenda for the Week of Dec. 4: New Jersey Drive

The dilapidated stretch of Interstate 95, or the Turnpike, along Newark’s metropolitan region in beautiful New Jersey needs to be repaired soon, and raising federal taxes on fuel is the way to go about it, Rep. Donald Payne Jr. said amid Congress’ debate on tax policy. A look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
December 4, 2017
Business

Transport Sector Now Largest Source of Greenhouse Gas Pollution in US

For the first time in 40 years, power plants are no longer the biggest source of U.S. greenhouse gas pollution. That dubious distinction now belongs to the transport sector: cars, trucks, planes, trains and boats.

Tom Randall | Bloomberg News
December 4, 2017
Business, Technology, Safety, TCA

Amazon Delivery Drone Would Dismantle Itself in Sky, Rain Down Parts

Amazon received a patent outlining a possible plan for “directed fragmentation for unmanned airborne vehicles” used in deliveries.

Ethan Baron | The San Jose (Calif.) Mercury News
December 4, 2017
Business

Lineage Buys U.S. Growers Cold Storage, Adding Eight SoCal Warehouses

Lineage Logistics has purchased eight temperature-controlled warehouses under the U.S. Growers Cold Storage brand in Southern California.

Ari Ashe | Staff Reporter
December 4, 2017
Government, Business, Technology, Autonomous

Army Tests Autonomous Truck Driving Systems

U.S. Army trucks using an autonomous driving system from Lockheed Martin logged more than 55,000 testing miles during a simulated warfare experiment program held at Fort Leonard Wood, Mo., and Fort Bliss, Texas, according to Lockheed Martin.

December 4, 2017