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, Equipment

Dorsey Launches All-Aluminum Platform Trailer Series

Specialty trailer manufacturer Dorsey Trailer introduced an all-aluminum platform trailer series, Aluminum Giant, with a capacity of 80,000 pounds evenly distributed, according to the company.

November 9, 2016
Business

TMC Donates Updated Inspection Guidelines to Technical Institutes

The Technology & Maintenance Council of American Trucking Associations donated copies of its updated guidelines for preventive maintenance inspections of Classes 7 and 8 tractors to more than 50 technical institutes in 28 states, it said.

November 9, 2016
Business, Equipment

Dana Introduces E-Axles for Hybrid, Electric Vehicles

Dana Inc. introduced a product line of power technologies and drive axles called Spicer Electrified, including fully integrated motor, control and e-drive technologies intended for electric and hybrid vehicles.

November 9, 2016
Government, Business, Safety

Analysis: GOP's Senate Victory Sets Stage for Trump Agenda in Congress

Republicans shocked Democrats by keeping control of the Senate, setting the stage for President-elect Donald Trump to enact a broad conservative agenda and ensure a Republican Supreme Court for a generation. That’s provided he can work with a GOP establishment he spent most of the campaign attacking.

November 9, 2016
Government, Business

Election Key to Road Funds

When Americans cast their ballots for president and members of Congress, they also will help to determine the outlook for the country’s highway funding that is so critical to freight movement.

Eugene Mulero | Senior Reporter
November 8, 2016
Business

Teamsters Could be Left in Quandary If Agency that Ensures Retiree Benefits Goes Insolvent

WASHINGTON — The Pension Benefit Guaranty Corp. could go insolvent within a decade, and the agency’s director doesn’t believe that Congress will fix the problem anytime soon, putting Central States Pension Fund retirees at risk of receiving zero benefits if it went bankrupt, too.

Ari Ashe | Staff Reporter
November 8, 2016
Business, Government

Even on Election Day, Virginia Port Means Business

While Nov. 8 is a paid holiday for dockworkers at the Port of Virginia, that doesn’t mean everybody will have a day off.

Robert McCabe | The (Norfolk) Virginian-Pilot
November 8, 2016
Business, Technology

Alphabet Taps Brakes on Delivery by Drone Project

The latest Google drones have just started taking flight in the real world. But the team behind the technology is slowing down, trimming headcount and shelving initiatives as the experimental unit becomes the latest target of tightening budgets across parent company Alphabet Inc.

Mark Bergen | Bloomberg News
November 8, 2016
Business

Heavy-Duty Diesel, Natural-Gas Engine Advocates Vie for Share of VW Emissions Settlement

Advocates of heavy-duty engines powered by diesel or natural gas are separately vying for a share of the windfall directed at nitrogen oxide mitigation in all 50 states after recent judicial approval of the federal government’s multibillion-dollar settlement with Volkswagen AG.

Roger Gilroy | Senior Reporter
November 8, 2016
Business, Logistics

Earnings, Revenue Dip at Expeditors International

Third-quarter air and ocean volumes increased for freight forwarder Expeditors International of Washington, but profit margins declined, leading to dips in revenue and net income for both the three- and nine-month periods ended Sept. 30, the Seattle-based firm said Nov. 8.

Jonathan S. Reiskin | Associate News Editor
November 8, 2016