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.
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, 2016Peterbilt 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, 2016UPS Adds Driver Training Facility in Texas
UPS Inc. announced plans to add a new driver training facility in Texas.
April 1, 2016Meritor 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, 2016FourKites, McLeod Forge Technology Partnership
Technology provider FourKites has created a partnership with McLeod Software that integrates tracking and transportation management software.
April 1, 2016Trucking 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, 2016Manufacturing 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.
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, 2016Navistar 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, 2016Consumer 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.