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.
Volvo Delivers 100,000th Truck Featuring I-Shift Transmission
Volvo Trucks North America said it has delivered its 100,000th truck using the company’s I-Shift automated manual transmission, a key component in VTNA’s vertically integrated powertrain strategy.
April 7, 2016Robots May Beat Drones in Race to Deliver Packages
Forget flying drones. When it comes to predictions on what sci-fi method might bring you hot pizza, aspirin, groceries or new shoes, some experts bet that delivery robots rolling down sidewalks will beat out airborne couriers.
International Truck Offers Collision Mitigation Option on ProStar
International Truck, a division of Navistar International Corp., said it now offers IMMI’s RollTek seat as an option on its ProStar Class 8 on-highway models to enhance collision mitigation.
April 7, 2016World Trade Growth Expected to Be Lower Than Previously Forecast, WTO Says
Growth in world trade will settle at 2.8% this year, lower than a previous forecast of 3.9%, the World Trade Organization forecast on April 7.
Consumer Comfort Slips to Weakest Point in More Than Three Months
Consumer comfort inched lower last week, reaching the weakest point in more than three months as Americans’ views of their personal finances deteriorated.
McLeod Unveils Automated Tools for Logistics Firms, Brokers
McLeod Software has introduced LogixSolutions eRate Confirmation, which the company said simplifies the rate confirmation process for brokers by creating an electronic form to capture, record and automate the workflow process.
April 7, 2016Fewer Americans Filed for Unemployment Benefits Last Week
Fewer Americans filed for unemployment benefits last week, illustrating a healthy labor market that’s allowing workers to feel more secure in their jobs.
DOT, Caltrans Aim to Bring Back Critical Trucking Survey
For transportation planners, the Vehicle Inventory and Use Survey was the go-to source for trucking data every five years from 1967 to 2002 as a requirement of the Bureau of the Census. VIUS’ cancellation before the expected 2007 compilation was a major blow.
Wurst-Case Scenario: Sausage Hog Sparks Shout-Fest at Daimler Annual Meeting
As Daimler AG shareholders approved the biggest dividend in the company’s history, two investors got into a fight at its annual general meeting over complimentary sausages.
Justice Department Sues to Block Halliburton-Baker Hughes Merger
Halliburton Co. was sued by U.S. antitrust officials who say its planned takeover of rival oil-services firm Baker Hughes Inc. threatens competition and should be blocked, a blow to Halliburton’s bid to bulk up to better compete against rival Schlumberger Ltd.