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

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.

Daniel P. Bearth | Staff Writer
September 27, 2017
Business, Equipment, Fuel

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.

Jonathan S. Reiskin | Associate News Editor
September 27, 2017
Business

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, 2017
Business, Equipment

Wabash 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.

Jonathan S. Reiskin | Associate News Editor
September 27, 2017
Government, Business

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.

Ari Ashe | Staff Reporter
September 27, 2017
Business

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, 2017
Business

Averitt 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.

Ari Ashe | Staff Reporter
September 27, 2017
Government, Business, Equipment

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.

Aoife White | Bloomberg News
September 27, 2017
Government, Business

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.

Eleanor Lamb | Staff Reporter
September 27, 2017
Business, Equipment, Safety

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.

Seth Clevenger | Managing Editor, Features and Multimedia
September 27, 2017