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.
Hurricane Harvey Strengthens as Refinery Risk Lifts Gasoline
Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as the storm threatened to wreak havoc on the heart of America’s energy sector.
FourKites, J.J. Keller Offer Integration to Enhance Load Tracking
Fleet compliance firm J.J. Keller & Associates and load-tracking provider FourKites have partnered to provide up-to-date location data to their mutual customers.
August 24, 2017Hanjin Bankruptcy Led to Heavy Losses, Write-Offs
Hanjin Shipping Co.’s financial troubles that led to bankruptcy a year ago stranded precious cargo, causing losses for trucking and other transportation companies.
August 24, 2017Oak Ridge National Laboratory Eyes Chattanooga as Testing Ground for Driverless Trucking
Oak Ridge National Laboratory’s new director said Aug. 23 the lab is considering testing in Chattanooga related to autonomous driving and long-haul trucking.
Bridge Monitoring Aided by Sensor Technology
Bridge sensor systems are becoming integrated in the engineering and construction of spans across the country to monitor everything from load stress to movement.
Plans for Inland Port on Arkansas River Taking Shape
Elected officials received a status update on an inland port and intermodal project on the Arkansas River at the Port of Van Buren.
August 24, 2017Supply Chain Execs Explain Lessons Learned a Year After Hanjin Disruption
On Aug. 31, 2016, the Hanjin Shipping Co. shut its doors, filing for bankruptcy protection and kickstarting a series of problems for port authorities, truckers, cargo owners, freight forwarders and equipment providers to solve on the fly.
Putting Paccar’s New Automated Transmission to the Test
MOUNT VERNON, Wash. — Paccar’s new automated transmissions were put through testing and demonstrations during a daylong launch event at the company’s technical center here, as media were given the chance to experience the new units firsthand.
DTNA Adds Mascot to Detroit Reman Unit
Detroit Diesel Remanufacturing has acquired Mascot Truck Parts, a one-time subsidiary of Meritor Inc., to expand its capacity for heavy- and medium-duty remanufacturing of driveline components.
August 24, 2017Sales of Previously Owned Homes Decline to 11-Month Low
An unexpected decline in sales of previously owned U.S. homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market, National Association of Realtors data showed on Aug. 24. The July figure was depressed by weakness in the Midwest and Northeast.
August 24, 2017