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.

Government, Business, Safety

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.

David Elfin | Staff Reporter
October 4, 2016
Special Coverage, Business

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.

Jonathan S. Reiskin | Associate News Editor
October 4, 2016
Special Coverage, Business

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.

Roger Gilroy | Senior Reporter
October 4, 2016
Business

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, 2016
Government, Business

Rural 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.

Mike Grant | Washington (Ind.) Times-Herald
October 4, 2016
Government, Business

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.

David Elfin | Staff Reporter
October 4, 2016
Business

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.

Elisabeth Behrmann | Bloomberg News
October 4, 2016
Government, Business, Safety

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, 2016
Business, Technology

Google 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.

Henri Gendreau | Bloomberg News
October 4, 2016
Government, Fuel, Business

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.

Elise Young | Bloomberg News
October 4, 2016