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, Technology, Equipment

Electric Class 8s to Affect Trailer Design, Components

The mounting focus on the electrification of Class 8 vehicles will prompt changes in trailer design and key components as collaboration among manufacturers of trucking’s central pieces of equipment increases, some experts said.

Roger Gilroy | Senior Reporter
July 6, 2017
Government, Business

Global Trade Rebounds Despite Trump’s Protectionist Threats

Donald Trump’s election as U.S. president sparked warnings of damaging trade wars and an end to globalization as we know it. So far, those predictions haven’t played out.

Enda Curran | Bloomberg News
July 6, 2017
Government, Business

Infrastructure, Freight Agenda Still Not Advancing on Capitol Hill

As they approach the legislative calendar’s halfway point, Republicans have been unable to carve a path forward for President Donald Trump’s multiyear infrastructure funding plan, despite their control of the U.S. House and Senate.

Eugene Mulero | Senior Reporter
July 6, 2017
Business

Heartland Buys Interstate Distributor From Saltchuk for $113 Million

Heartland Express Inc. has purchased Interstate Distributor Co. from owner Saltchuk Resources Inc. in a $113 million deal that is the latest in a flurry of mergers and acquisitions in 2017.

Ari Ashe | Staff Reporter
July 6, 2017
Business, Technology, Logistics

Replay: LiveOnWeb on TT 100 Rankings and Shifting Business Climate

Against the backdrop of the July 10 release of the TT Top 100 For-Hire Carrier rankings, our July 12 LiveOnWeb expert panelists peered into their crystal ball and discussed the shifting business climate expected over the next six to 18 months. Watch the replay.

July 5, 2017
Business

Driver Turnover Rises Slightly but Remains Healthier Than Year Ago

Driver turnover at large truckload fleets was 74% during the first quarter of 2017, a 15 percentage-point improvement over year-ago levels but slightly worse than 4Q 2016 levels, American Trucking Associations said in a report.

Ari Ashe | Staff Reporter
,
Laurie Wiegler | Staff Reporter
July 5, 2017
Business, Logistics

Panama Canal Chief Looks Back on the First Year of the Big Ship Era

In a telephone interview with the Miami Herald, Panama Canal Administrator Jorge Quijano reviewed the first year of the canal expansion, a massive project that included state-of-the art locks on both the Atlantic and Pacific sides of the canal, a new 3.8 mile access channel, and widening and deepening at various locations along the 50-mile long canal.

Mimi Whitefield | Miami Herald
July 5, 2017
Business, TCA

The Great Pennsylvania Warehouse Boom

If there was a real-life version of the video game Pac-Man, it could be playing out here, as retailers and other firms continue to gobble up land and build warehouses at an accelerating rate.

July 5, 2017
Business, Technology

Haldex Introduces Online Savings Calculator

Haldex AB introduced its online air disc brake savings calculator to help fleets determine the long-term savings of air disc brakes compared with drum brakes over the life of either the tractor or trailer.

July 5, 2017
Business, Equipment, Safety

Ryder System Launches Preventive Maintenance Program for Its Pre-Owned Vehicles

Ryder System launched a preventive maintenance program for its pre-owned vehicles, the Miami-based company said. Under the program, customers can finance or prepay for their selected preventive maintenance plan when they purchase a pre-owned vehicle, the company said.

July 5, 2017