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

Mack Extends Oil Drain Intervals With Proprietary Oil

Mack Trucks announced extended engine oil drain intervals for customers using its newly formulated genuine Mack engine oil EOS-4.5.

February 10, 2017
Business

Old Dominion Moves Mets, Angels, Royals to Spring Training

Old Dominion Freight Line Inc. helped four Major League Baseball teams prepare for spring training, hauling equipment for three to Florida and one to Arizona.

February 10, 2017
Business, Government, Logistics

Consumer Sentiment Cooled in February on Views of Finances

Consumer confidence retreated in February from a 13-year high, as Americans tempered expectations of their finances and the economy.

Shobhana Chandra | Bloomberg News
February 10, 2017
Business

Celadon Delays Earnings Report Due to Lawsuit

Celadon Group Inc. will delay filing a quarterly earnings report with the Securities and Exchange Commission because of a court ruling against the trucking company.

February 10, 2017
Business

Import Prices Rise in January, Boosted by Energy Products

U.S. import prices rose in January more than expected amid further gains in the cost of energy products, but a strong dollar continued to dampen underlying imported inflation.

Lucia Mutikani | Reuters
February 10, 2017
Business

Industry Joins to Create Class 8 Truck to Support Truckers Against Trafficking

In an effort to further educate and fund efforts against human trafficking, Inland Kenworth, Tolleson, Arizona, has put together a distinctively designed  “Everyday Heroes” Kenworth T680 truck in conjunction with Truckers Against Trafficking; platinum sponsors Kenworth Truck Co. and Ritchie Bros.; along with other leading industry suppliers

February 9, 2017
Business

Dart Transit Raises Driver Pay

Truckload carrier Dart Transit Co. raised its starting pay for longhaul company drivers along its main freight lanes by 5 cents per mile. Experienced, top-performing drivers could now earn over $60,000 in their first year with the company, Dart said.

February 9, 2017
Business, Technology, Equipment, Safety

Bendix Electronic Stability Program Now Standard on Kenworth T680, T880 Models

Bendix Commercial Vehicle Systems' electronic stability program now is standard on Kenworth Truck Co.’s T680 and T880 trucks.

February 9, 2017
Business

Navistar Completes Repricing of $1 Billion Loan

Navistar International Corp. announced it has completed the repricing of subsidiary Navistar Inc.'s existing $1 billion senior secured term loan.

February 9, 2017
Business, Logistics, Government, Safety, Equipment

Private Equity Group Buys Stake In Evans Network of Cos.

Calera Capital has acquired a majority stake in the Evans Network of Cos., but CEO Bo Bates, the Evans family and management will retain a significant equity interest in the business, according to a Feb. 9 announcement.

February 9, 2017