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.
Diesel Drops 3.5¢ to $2.489 for Year’s Low
The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.
Freightliner Cascadia Model to Feature Truck-Lite Mirrors, Signals
Three Truck-Lite Co. components have achieved standard position on the Freightliner Cascadia Class 8 truck from Daimler Trucks North America.
June 23, 2017Marmon-Herrington Unveils New Heavy-Duty Axles
Marmon-Herrington released new Sisu brand axles, including a 90,000-pound tandem axle set and 136,000-pound tridem axle set.
June 23, 2017Hyundai Translead Offers Air Disc Brake from Bendix Spicer
Bendix Spicer Foundation Brake’s ADB22X-LT air disc brake now is offered by trailer maker Hyundai Translead.
June 23, 2017Saddle Creek Expands Omnichannel Fulfillment Operations in Lexington, Ky.
DTNA Adding Two Distribution Centers
Daimler Trucks North America is adding two new parts distribution centers as it continues to invest in its supply chain network to serve customers more effectively.
June 22, 2017Firestone Launches New Severe-Duty Tire
Crete Carrier Names Tim Aschoff President
Crete Carrier Corp. appointed Tim Aschoff president, adding to his role of chief operating officer.
June 22, 2017The Synergy Between Onboard & Facility Technology for Commercial Fleets
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June 22, 2017FedEx Makes Civic 50 List of Most Community-Minded Companies
FedEx Corp. has been named to the Points of Light Civic 50, a list of most civic-minded U.S. companies.