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.

Equipment, Business, Government, Autonomous

Low Material, Commodity Prices Not Translating Into Discounts for Truck, Component Buyers

If fleets were expecting to see lower prices for trucks, trailers and components as the cost of raw materials continued their downward trajectory, they may be waiting for some time if comments from industry executives are accurate.

Jim Galligan | Special to Transport Topics
April 17, 2016
Business

Mack to Invest $70 Million in Pennsylvania Assembly Plant

Mack Trucks announced a plan to invest about $70 million in its truck assembly plant in Lehigh Valley, Pennsylvania, over the next three years.

Scott Kraus | The (Allentown, Pa.) Morning Call
April 17, 2016
Business

Jury Issues $51 Million Verdict Against Daimler

A jury in New Orleans has issued a $51.5 million judgment against Daimler Trucks North America after a 2012 incident that left a woman badly injured.

April 17, 2016
Business

Celadon Founder Stephen Russell Dies at 76

Stephen Russell, founder and former CEO of Celadon Group Inc., has died at 76.

April 15, 2016
Equipment, Business, Government

11-,12-Liter Engines Growing Up

Not that long ago, the mindset of many fleet operators was to get as much muscle power in engines as they wanted or could afford. That often meant 15-liter engines that could deliver a whole lot of horsepower. But times have changed.

Evan Lockridge | Special to Transport Topics
April 15, 2016
Equipment, Business, Autonomous

Introducing New Vehicle Specs Hinges on Successful Pilot Review

Truck equipment and technology continue to become more complex with every model change. That’s why smart fleet managers involved in buying trucks find it critical to build one truck to a particular specification and perform a pilot review of the new equipment to verify it is built as ordered and to confirm its quality.

Todd Cotier | Chairman of Study Groups, Technology & Maintenance Council
April 15, 2016
Equipment, Business, Autonomous

Staying Safe While Inflating Truck Tires

Safety guidelines for inflating truck tires have been in place for decades, but fleets, service providers and tire makers say those best practices are no less important today for keeping technicians and drivers out of harm’s way.

April 15, 2016
Equipment, Business

Some Question Resale Value, Durability of Smaller Engines

Not everyone thinks 11- and 12-liter engines are right for their fleets and operations.

Evan Lockridge | Special to Transport Topics
April 15, 2016
Equipment, Business, Government, Autonomous

Winter Conditions Are Crucial to Truck Spec'ing for Canada

As they seek to expand, many carriers eye opportunities in new markets. One potential and unexplored area for U.S.-domiciled carriers could be north of the border in Canada, but carriers must consider truck spec’ing factors to make the most of those opportunities.

Steve Sturgess | Special to Transport Topics
April 15, 2016
Equipment, Business, Technology, Safety, Autonomous

Tech Training, No-Water Batteries, Portable Lift Systems Among New Products

NASHVILLE, Tenn. — The recent annual meeting of the Technology & Maintenance Council included a spacious exhibit hall filled with vendors hoping to lure truck maintenance directors into making purchases for their shops back home.

Jonathan S. Reiskin | Associate News Editor
April 15, 2016