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.
TransForce Inc. Adds Driving Ambition to Holdings
TransForce Inc., a driver leasing and workforce management company in Alexandria, Va., has acquired assets of Driving Ambition Inc., a regional provider of commercial truck drivers with operations in six states, company officials announced Sept. 26.
Goodyear Introduces Endurance LHD Truck Tire
ATLANTA — The commercial vehicle division of Goodyear Tire & Rubber Co. unveiled a new drive-axle tire for longhaul highway tractors.
Paschall Truck Lines CEO Randall Waller Steps Down After 44 Years
Paschall Truck Lines will soon have a new top executive for the first time in more than four decades.
September 27, 2017Wabash National Completes Supreme Acquisition
ATLANTA — Trailer maker Wabash National Corp., long known for its 53-foot vans and flatbed trailers for Class 8 trucks, is now fully invested in the light-duty realm of e-commerce delivery, where Classes 1-3 vehicles are designed and built precisely to maximize efficiency in delivering smaller items to city and suburban addresses.
IANA Panel Agrees Transportation Needs Are Dire, But They’re Not Sure About Funding
LONG BEACH, Calif. — Politicians in Washington agree on the dire need to modernize the ports, railroads and highways in the United States, but the “how do we pay for it” question sparks a debate between Democrats and Republicans.
IANA Honors Former Norfolk Southern Executive with Silver Kingpin Award
LONG BEACH, Calif. — The Intermodal Association of North America bestowed Robert Huffman with the Silver Kingpin Award, honoring the retired Norfolk Southern intermodal executive whose career spanned 41 years.
September 27, 2017Averitt Debuts Asia-to-Dallas Route After Success With Memphis Service
Averitt Express launched a new less-than-containerload service last month to Dallas, built on the success of its Asia-to-Memphis Express service in the e-commerce and small business communities.
Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing
Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.
Wisconsin DOT Announces Inspector General Position
The Wisconsin Department of Transportation announced the creation of a new Inspector General position within the agency Sept. 25.
Bendix Previews Next Generation of Wingman Fusion, Adds New Products
ATLANTA — Bendix Commercial Vehicle Systems previewed the next generation of its collision-mitigation technology, discussed the industry’s pathway to automated driving and introduced several new products here at the North American Commercial Vehicle Show.