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.

Special Coverage, Business

DAT Solutions Expands Search Features

LOUISVILLE, Ky. — DAT Solutions introduced two new products, one that assists brokers when capacity is tight and one that helps drivers with trip planning.

April 1, 2016
Business

Peterbilt Develops New Coating Technology

Peterbilt Motors Co. announced the introduction of a newly formulated paint for heavy-truck cabs and sleepers that is designed to enhance coating color and durability.

April 1, 2016
Business

UPS Adds Driver Training Facility in Texas

UPS Inc. announced plans to add a new driver training facility in Texas.

April 1, 2016
Business

Meritor Wins Five-Year Brake, Axle Navistar Contract

Meritor Inc. on April 1 announced that it has reached a new five-year agreement with Navistar Inc. to retain its status as the primary supplier of brakes and axles to the truck manufacturer.

April 1, 2016
Business, Technology

FourKites, McLeod Forge Technology Partnership

Technology provider FourKites has created a partnership with McLeod Software that integrates tracking and transportation management software.

April 1, 2016
Business

Trucking Loses 2,400 Jobs in March

Trucking lost 2,400 jobs in March, while the jobless rate crept up to 5% as more people entered the workforce, the Labor Department reported April 1.

April 1, 2016
Business

Manufacturing Expands for First Time in Seven Months

Manufacturing expanded in March for the first time in seven months, fueled by a surge in orders that signals American factories are emerging from their worst slump since the last recession.

Sho Chandra | Bloomberg News
April 1, 2016
Business, Fuel

Pilot Flying J Adds Seven Locations, Enhances Services

Truck stop operator Pilot Flying J said it has added seven locations in North America and added new features to enhance drivers’ experience on the road.

April 1, 2016
Business

Navistar Agrees to Pay $7.5 Million to Settle SEC Suit

Navistar International Corp. has agreed to pay $7.5 million to settle a Securities and Exchange Commission complaint that the OEM misled investors about the environmental compliance of its exhaust gas recirculation, or EGR, method of reducing air pollution from its trucks, the federal regulatory agency said.

April 1, 2016
Business

Consumer Sentiment Edges Down Amid Economic Concerns

Consumer confidence in the United States dipped slightly in March as concerns persisted that the world’s largest economy will cool.

Tatiana Darie | Bloomberg News
April 1, 2016