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

Daimler Trucks North America, Wabash National Issue Safety Recalls

Daimler Trucks North America and Wabash National Corp. have issued voluntary recalls, respectively, on about 1,160 Freightliner and Western Star trucks and 2,400 converter dolly trailers, the National Highway Traffic Safety Administration’s website safercar.gov reported.

September 28, 2016
Government, Business

Texas Trucking Community Unsure About Expected Weight-Limit Increase Proposal

Texas’ trucking community is divided on a plan to raise truck weight limits in designated corridors near the state’s ports, particularly Houston.

David Elfin | Staff Reporter
September 28, 2016
Business

Utility Introduces Lighter Flatbed Trailer

Utility Trailer Manufacturing Co. introduced its new 4000AE flatbed trailer.

September 28, 2016
Business

Volkswagen Trucks Unit Allocates Development Projects Within Scania, MAN

Volkswagen AG’s heavy-truck business assigned development of components for its largest vehicles to Swedish brand Scania, while MAN will be in charge of mid-sized and smaller models to reduce costs by eliminating duplicated work.

Christoph Rauwald | Bloomberg News
September 28, 2016
Business, Logistics

Maersk Raided in South African Shipping Collusion Probe

South Africa’s Competition Commission searched the premises of six shipping companies, including AP Moeller-Maersk A/S, as part of an investigation into allegations that they colluded to fix incremental cargo rates between Asia and South Africa.

Liezel Hill | Bloomberg News
September 28, 2016
Business

Orders for Durable Goods Were Little Changed in August

Orders for U.S. durable goods were little changed in August and shipments of capital equipment declined for a fourth straight month, indicating lingering weakness in manufacturing.

Sho Chandra | Bloomberg News
September 28, 2016
Business, Fuel

TravelCenters Unveils Remodeled Truck Service Facility in Candler, North Carolina

TravelCenters of America announced the grand reopening of its newest TA Truck Service facility on Interstate 40, at Exit 37, in Candler, North Carolina, that now features expanded hours.

September 28, 2016
Business, Technology, Autonomous

Otto Co-Founder Anthony Levandowski Joins Autonomous Panel at ATA Conference

Anthony Levandowski, the co-founder of Otto, has been confirmed as a panelist at American Trucking Associations’ Management Conference & Exhibition  next week in Las Vegas.

September 27, 2016
Government, Business

New Jersey Transportation Committee Chairman Wants to Borrow $3.2 Billion to End Funding Impasse

In hopes of ending New Jersey’s road construction shutdown that has lasted since July 8, Assemblyman John Wisniewski has proposed that the state borrow $3.2 billion over the next two years to restore the Transportation Trust Fund.

David Elfin | Staff Reporter
September 27, 2016
Business

West Coast Labor, Management to Discuss Contract Extension

The Pacific Maritime Association and the International Longshore and Warehouse Union, whose protracted labor dispute disrupted trucking and port operations early in 2015, have targeted Nov. 1 and Nov. 2 for talks to address a potential contract extension.

September 27, 2016