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, Fuel

Tenneco Pursues Waste Heat Recovery for Trucks

ATLANTA — Vehicle supplier Tenneco Inc. wants to help bring waste heat recovery systems to heavy-duty trucking even though it is not an immediate possibility.

Jonathan S. Reiskin | Associate News Editor
September 24, 2017
Business, Fuel

NACFE Test Gets 10.1 MPG Despite Harvey, Irma Challenges

ATLANTA — After 50,107 miles driven over 99 driver-days, including battles with Hurricanes Harvey and Irma, seven drivers from seven trucking companies gathered for a victory lap to celebrate 10.1 miles per gallon.

Jonathan S. Reiskin | Associate News Editor
September 24, 2017
Business, Equipment

Goodyear Agrees to Acquire Ventech Systems

The Goodyear Tire & Rubber Co. agreed to acquire Germany-based Ventech Systems GmbH, a supplier of automated tire inspection technology it has worked with for three years, from Grenzebach Maschinenbau GmbH, it said.

September 22, 2017
Business, Equipment

Link Manufacturing Announces Leadership Transition

Suspensions supplier Link Manufacturing announced President and CEO Denny Michels will retire on Dec. 31. Chief Operating Officer Jim Huls will succeed him as president beginning Jan. 1, it said.

September 22, 2017
Business, Equipment

FleetPride Adds Third Location in Louisiana

Aftermarket distributor FleetPride Inc. opened a branch in New Orleans.

September 22, 2017
Business, Equipment

Shell Adds to Lineup of CK-4, FA-4 Engine Oils

Shell Lubricants introduced two new engine oils to its lineup that meet, respectively, the CK-4 and FA-4 performance categories, which became industry standards on Dec. 1, 2016.

September 22, 2017
Business, Equipment

Dana Names Christophe Dominiak Chief Technology Officer

Dana Inc. named Christophe Dominiak its new chief technology officer, it said.

September 22, 2017
Business, Technology, Logistics

Truckstop.com Adds LTL Insurance

Truckstop.com introduced a less-than-truckload option for its CargoShield insurance product, it said.

September 22, 2017
Business, Logistics

UPS to Open Kansas Package Facility, Hire More Than 2,100 Locally

UPS will open a new package-handling facility in Edgerton, Kan., in November and will hire more than 2,100 seasonal and permanent workers in the area, the company announced Sept. 20.

Matt Campbell | The Kansas City Star
September 22, 2017
Government, Business, TCA

Kentucky Town May Ban Commercial Delivery on Golf Carts

Daviess County, Ky., Judge-Executive Al Mattingly says he will introduce an ordinance to Fiscal Court next month that would prohibit the commercial use of golf carts or other low-speed utility vehicles for delivering packages or mail.

September 22, 2017