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, Technology, Equipment, Safety

Bendix Parent to Acquire Steering Supplier, Expand Autonomous Driving Capabilities

Knorr-Bremse Group, a global manufacturer of braking systems and parent company of Bendix Commercial Vehicle Systems, has agreed to acquire a steering technology company that will expand its capabilities in the field of autonomous driving in commercial vehicles.

Seth Clevenger | Managing Editor, Features and Multimedia
June 1, 2016
Business, Fuel

Diesel Climbs 2.5¢ to $2.382

The U.S. retail diesel average price jumped up 2.5 cents to $2.382, the Department of Energy said, increasing for the 14th time in 15 weeks.

Roger Gilroy | Senior Reporter
May 31, 2016
Business

FleetUp Registers ELD Product

Startup technology vendor FleetUp officially announced that it has registered its electronic logging system with the Federal Motor Carrier Safety Administration ahead of the agency’s upcoming mandate of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
May 31, 2016
Business

Trucking Executive Steve Gordon Retires

Trucking executive Steve Gordon, who was chief operating officer at Gordon Trucking, announced his retirement from the industry as of May 27.

Rip Watson | Special to Transport Topics
May 31, 2016
Business

Bestpass Adds Oklahoma to Complete National Tolling Coverage

Bestpass Inc. announced that it now offers complete nationwide toll-management coverage for commercial fleets with the addition of services in Oklahoma.

Seth Clevenger | Managing Editor, Features and Multimedia
May 31, 2016
Business

DTNA Offers Hadley SmartValve on New Trucks

Daimler Trucks North America is now offering the Hadley SmartValve electronic height control system as an option on new trucks.

May 31, 2016
Business

Home Prices in 20 U.S. Cities Increase Faster Than Forecast

Home prices in 20 U.S. cities rose faster than projected in March from a year earlier, adding to signs of healthy demand at the onset of the industry’s busy selling season, New York-based S&P/Case-Shiller reported May 31.

May 31, 2016
Business

Consumer Spending Up in April; Confidence Down in May

Consumer spending climbed in April by the most in almost seven years, but consumer confidence unexpectedly fell in May to the lowest level in six months, according to two reports released May 31.

May 31, 2016
Business, Technology

Omnitracs Upgrades Roadnet Anywhere Software

Omnitracs said it released version 4.1 of its SaaS vehicle routing, tracking, mobile workforce, telematics and fleet management platform, Roadnet Anywhere.

May 31, 2016
Business

Roadmaster Completes Tri-State Motor Transit Acquisition

The Roadmaster Group Inc. announced it completed the acquisition of Missouri-based Tri-State Motor Transit Co. through a stock purchase.

May 31, 2016