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.
Hexagon Agility Plans January Expansion to Meet X15N Demand
NEW ORLEANS — Hexagon Agility plans to expand its manufacturing capacity next year to meet expected demand for Cummins’ upcoming X15N natural gas fueled engine, an executive said March 4.
New Target Membership Plan Will Offer Free Same-Day Delivery
Target Corp. is launching a new paid membership program, moving to catch up with rivals whose own subscription plans are well established.
Update: First Yellow Trucks and Trailers Up for Auction
J.D. Power's Chris Visser says auction prices have been stable after a busier-than-usual January.
March 5, 2024Trucking Leaders, FMCSA Promote Safety Investments
NEW ORLEANS — ATA highlighted fleets’ increasing investments in safety programs while industry regulators outlined a plan to continue promoting adoption of driver-assist technologies.
Federal Contract for Military Moves Deemed 'Not Balanced'
NEW ORLEANS — A panel of executives continued to blast provisions of a $20 billion federal contract to move military families as unworkable and lacking profit-making opportunities.
Sen. Tom Carper Presses for WRDA Approval
Environment and Public Works Chairman Tom Carper renewed calls for colleagues to give bipartisan backing to this year’s Water Resources Development Act.
Cummins Details Revamped X15 Engine Lineup
Cummins Inc. executives recently detailed the plans for the company’s updated X15 engine platform, including how the so-called HELM fuel-agnostic architecture got its name.
TMC-Fullbay Report: Repair Shop Sales, Labor Rates Rise
NEW ORLEANS — Heavy-duty repair shops continued to grow their sales last year as labor rates climbed, according to a report from TMC and Fullbay, a provider of repair shop management software.
EPA, DOE Offer $9.4 Million Grant to Develop New Biofuels
A new partnership has been formed between the U.S. Environmental Protection Agency and U.S. Department of Energy to release $9.4 million in grants to develop future advanced biofuels.
Ohio Debuts Warning Signs to Deter Rear-End Highway Crashes
Ohio is putting wrong-way driver technology to use in a new “end-of-queue” warning sign system to deter deadly rear-end crashes at 13 dangerous highway areas.