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.
Omnitracs-Peloton Pact Blends Platooning With Fleet Management Capabilities
Fleet telematics provider Omnitracs has forged a partnership with Peloton Technology to bring truck platooning opportunities to its customers, a development that could accelerate the trucking industry’s adoption of the emerging technology.
Coalition Rallies to Promote States’ Infrastructure Priorities
Groups representing business executives, manufacturers and private investors joined forces this month to draw attention to the hundreds of infrastructure projects governors would like the Trump administration to fund in a long-term plan.
Cartoon Caption Classic: Week Three Results
In Week Three of Cartoon Caption Classic, voters were asked to choose the best captions from up to two contestants to advance to the Week Four finals. See who prevailed and what their winning captions were!
February 20, 20172016 Net Income Down, Revenue Up at Wabco Holdings
Commercial vehicle supplier Wabco Holdings Inc. reported lower net income on higher revenue for the fourth quarter and full year in 2016.
February 17, 2017Long-Term Funding Plan, Freight Connectivity Top AASHTO’s Agenda
Establishing a long-term funding plan for highway projects, and enhancing access for commercial vehicles along freight corridors are among the top policy priorities this year for the association representing the states’ departments of transportation.
Shale Drilling on a Roll as OPEC Cuts Keep Oil Above $50
Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as explorers take advantage of prices above $50 for more than two months.
CSX Seen Restarting CEO Talks After Activist Softens His Demands
CSX Corp. is expected to restart talks to install Hunter Harrison as CEO after an activist investor allied with the railroad turnaround veteran softened his demand for board representation, a Citigroup Inc. analyst said.
What Refashioning an Iconic '90s Trade Deal May Look Like
While U.S. President Donald Trump has forced the idea of renegotiating the North American Free Trade Agreement, some experts agree that an upgrade is welcome for the pact that took effect in 1994 — the year pop idol Justin Bieber was born and the movie “Forrest Gump” was released.
Q&A: How Trump Might Try to Fix Bridges and Highways
It’s one point of agreement in a politically polarized government: U.S. highways, bridges and airports are in need of repair and rehabilitation.
TFI International Profits Increase in Fourth Quarter
TFI International Inc., formerly known as TransForce, reported net income rose 3.9% in the fourth quarter of 2016, although the gains were slightly lower than the consensus forecast from industry analysts.
February 17, 2017