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, Logistics

Ryder to Provide Transportation Needs for Mattel at Toy Maker’s New Plant

Ryder System Inc. will provide dedicated transportation, logistics and fleet management for Mattel Inc. at the toy maker’s Jonestown, Pa., distribution center.

August 1, 2017
Business

DHL Supply Chain to Close Operations at Ohio Plant

DHL Supply Chain will close its Englewood, Ohio, location Sept. 18, a move that will affect 85 workers.

July 31, 2017
Business, Equipment, Logistics

GE to Cut 575 Jobs at Century-Old Locomotive Plant

General Electric Co. plans to end most locomotive manufacturing at a century-old Pennsylvania factory as the company looks to cut costs amid a sharp downturn in the domestic rail market.

Rick Clough | Bloomberg News
July 31, 2017
Business, Equipment

Breadner Trailer Sales Becomes Exclusive Dealer for Stoughton Refrigerated Trailers in Ontario, Quebec Provinces

Stoughton Trailers designated Breadner Trailer Sales as the exclusive dealer of its refrigerated trailers in the provinces of Ontario and Quebec in Canada.

July 31, 2017
Business, Fuel

Pilot Flying J Taps Transflo’s Cloud-Based Mobile Platform to Deliver Fuel

Pegasus TransTech announced that Pilot Flying J has implemented the Transflo cloud-based mobile document imaging solution.

July 31, 2017
Business, Equipment

Dana Reports Double-Digit Growth in 2Q Income, Sales

Dana Inc.’s net income and earnings jumped in the second quarter compared with a year earlier, attributed to improved market conditions and operational execution.

July 31, 2017
Business, Equipment

Production of New Freightliner Cascadia Ramps Up

Freightliner Trucks has ramped up production of its updated Cascadia model and has begun to roll out additional variations and options for the truck.

Seth Clevenger | Managing Editor, Features and Multimedia
July 31, 2017
Business

Gain in Pending Home Sales Shows Market Is Stabilizing

A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released July 31 showed.

Vince Golle | Bloomberg News
July 31, 2017
Business, Equipment, Fuel, Logistics

Growing Economy Boosts Fuel Demand to Decade High

A growing U.S. economy sparked a jump in fuel demand from companies and travelers in June, which may help to ease a persistent supply glut.

Jessica Summers | Bloomberg News
July 31, 2017
Business, Technology, Equipment, Logistics

Warehouse Forklifts Finally Give Hydrogen Power a Reason to Be

His tiny company, Plug Power Inc., makes hydrogen fuel cells, and for years he struggled to find customers. No longer. In April, Amazon.com Inc. agreed to try out the technology in forklift fleets at 10 of its warehouses.

Joe Ryan and Chris Martin | Bloomberg News
July 31, 2017