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.
TMC Elects Ozark’s McDonald as Chairman
NASHVILLE, Tenn. — Glen McDonald, the new chairman of American Trucking Associations’ Technology & Maintenance Council, can’t be summed up as just a man who oversees the maintenance operation of a 700-truck fleet and 70 shop employees.
Omnitracs Plans Role in Evolution of Automation, Drones, Wearables
PHOENIX — The transportation industry is accelerating toward a future shaped by autonomous trucks, platooning, drones, same-day delivery, wearable technology for drivers and the continued proliferation of the Internet of Things, Omnitracs told a gathering of fleet customers here.
Engine Makers Emphasize the Power of Telematics Support for Customers
NASHVILLE, Tenn. — Engine makers, two of whom also build heavy-duty trucks, emphasized the powerful role of telematics in delivering customer support as they announced service-related features.
Dana CEO Kamsickas Advises President as Member of Manufacturing Council
NASHVILLE, Tenn. — One of the people to whom President Trump listens on the economy’s manufacturing sector is Dana Inc. CEO James Kamsickas, one of 28 members of a manufacturing council the president established and a man who believes in setting up factories where goods will be sold.
TIA Says Loads, Revenue Up on Truckload, Intermodal Strength
Freight shipments increased 9.2% in the fourth quarter year-over-year, and 3.7% sequentially, as truckload capacity tightened, intermodal activity picked up and less-than-truckload business remained flat, according to the Transportation Intermediaries Association and industry executives.
Dana, Eaton to Mix Legacy Product Lines With Advanced Components, Systems
NASHVILLE, Tenn. — Two of trucking’s most venerable Tier 1 suppliers are augmenting their legacy products to fleets with some very different products and services.
Trailer Product Lines Expand; Orders Soar 92% in January
NASHVILLE, Tenn. — Capitalizing on strong replacement demand, trailer makers said they are expanding product lines and features amid industrywide orders that skyrocketed 92% in January to more than 32,000.
Chao Extols Private Funding of Infrastructure Repairs
WASHINGTON — The U.S. Department of Transportation will hasten national rebuilding through regulatory reform, revamped grant programs and more private investment in infrastructure, the head of the agency told state and other transportation officials meeting here.
CSX Is Said Near Deal to Name Harrison CEO
CSX Corp. may install Hunter Harrison as chief executive officer as early as the week of March 6 as the railroad and an activist shareholder move closer to ending an impasse over Harrison’s pay package, people familiar with the matter said.
Great Dane Has Plans Soon for Microbial Protection, Telematics and Rear Impact Guard
NASHVILLE, Tenn. — Trailer maker Great Dane introduced three new means of increasing the safety and efficiency of its products, including with antimicrobial protection, enhanced telematics and a stronger rear impact guard.
March 3, 2017