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.
September Was Wisconsin’s Safest in 70 Years
Wisconsin’s Department of Transportation reported Oct. 4 that the state’s 45 traffic deaths in September were the fewest in that month since the end of World War II.
Volvo, Mack Bemoan Current Sales Climate
LAS VEGAS — The two heavy-duty North American truck makers of Volvo Group continue to stoically gut out an unpleasant sales market but in anticipation of sunnier 2018 announced vehicle and service improvements for customers.
Decisiv Software to Power Service Management Systems for Kenworth, Peterbilt
LAS VEGAS — Decisiv Inc. said beginning in 2017 its software platform will power the service management systems used by Paccar Inc.’s truck brands Kenworth and Peterbilt.
Truck Orders Drop 28% in September
Truck orders for September fell 28% year-over-year, continuing a steady decline during 2016, ACT Research reported.
October 4, 2016Rural Indiana Counties Split $80 Million in Federal Transportation Grants
Indiana officials in Pike, Greene and Knox Counties will be cashing in on millions of dollars in infrastructure improvements funded through federal transportation funds.
NTSB Slams FMCSA, Kentucky Transportation Cabinet in Wake of Fatal 2015 Crash
More stringent drug testing and an expanded examination of truck drivers’ records behind the wheel could have prevented the June 25, 2015, crash that killed six people and injured four others, the National Transportation Safety Board said Oct. 4.
Haldex Investors Spurn ZF’s Bid, Clearing Path for Rival Suitor
German auto-parts maker ZF Friedrichshafen AG’s 5.29 billion krona ($610 million) bid to buy Swedish component supplier Haldex AB is poised to fail, clearing the way for a rival’s higher bid.
States Receive $20 Million in Pipeline Safety Grants
Grants totaling $20 million will be distributed to state agencies so they may improve their strategies for dealing with transportation accidents involving hazardous materials, the Pipeline and Hazardous Materials Safety Administration announced Oct. 3.
October 4, 2016Google Tests Drone Delivery With Burritos for Undergrads
In a closely guarded experiment involving the future of transportation, Project Wing — a division of X, founded by Google and now a child of Alphabet Inc. — is air-dropping fast food onto the campus of Virginia Polytechnic Institute and State University.
Chris Christie Announces Deal for 23-Cent Gas Tax Increase for N.J.
New Jersey Gov. Chris Christie on Sept. 30 announced a deal with Democratic legislative leaders to add 23 cents per gallon to New Jersey’s 14.5-cent gasoline-tax levy and reduce consumer taxes elsewhere.