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, Technology

Training, Outreach Key to Solving Technician Shortage, Maintenance Execs Say

NASHVILLE, Tenn. — The key to solving the technician shortage lies in developing the workers of tomorrow rather than recruiting from the shrinking pool of experienced technicians, maintenance executives and business leaders said.

Seth Clevenger | Managing Editor, Features and Multimedia
March 3, 2016
Special Coverage, Business

Meritor Introduces New Wheel-End Package

NASHVILLE, Tenn. — Meritor Inc. unveiled a new wheel-end package called AxlePak7, which includes tire-pressure monitoring from Pressure Systems International.

March 3, 2016
Business

Deep Reduction Option Available on Mack's mDrive Transmission

INDIANAPOLIS — Vocational customers of Mack Trucks using automated mechanical transmissions now have an option of deep reduction on the mDrive transmission.

Steve Sturgess | Special to Transport Topics
March 3, 2016
Business

Kenworth's T880 Now Available With Hendrickson Ultimaax Suspension

INDIANAPOLIS — Kenworth Trucks said at the Work Truck Show here that the T880 is available for order with the Hendrickson Ultimaax severe-duty rubber suspension.

Steve Sturgess | Special to Transport Topics
March 3, 2016
Business

Ford Launches New, Lighter Super Duty Pickup

INDIANAPOLIS — Ford Motor Co. launched an all-new Super Duty pickup range for 2017 whose main feature is the use of military-grade aluminum throughout the cab, leading to significant weight savings.

Steve Sturgess | Special to Transport Topics
March 3, 2016
Business

Navistar CEO Troy Clarke Opens Door to Partners as Truck Market Sours

Navistar International Corp. CEO Troy Clarke is pushing the door open for potential deals as he fights to keep the truck maker’s turnaround on track amid a U.S. sales slump.

Nick Carey | Reuters
March 3, 2016
Business, Equipment

Cummins Unveils Medium-Duty Engine Lineup

INDIANAPOLIS — Cummins Inc. unveiled its medium-duty engine lineup March 1 at the Work Truck Show here. It includes mechanical and electronic changes to meet greenhouse-gas emissions regulations, but it also features rebranding the 6.7-liter B series and the 9-liter L, reverting to displacement in the engine designation.

Steve Sturgess | Special to Transport Topics
March 3, 2016
Business

FedEx Ground Gains Approval for $335 Million Pennsylvania Sorting Facility

The Lehigh-Northampton Airport Authority on March 2 approved a tentative deal that would pave the way for FedEx Ground to build a $335 million package-sorting plant in Allen Township.

Matt Assad and Tom Shortell | The (Allentown, Pa.) Morning Call
March 3, 2016
Government, Business, Safety

Virginia Senate Committee Strips Most Tolling From House-Passed Bill

Virginia’s Senate Transportation Committee debated late into the night March 2 before finally removing the key tolling provisions from legislation that had passed the House.

David Elfin | Staff Reporter
March 3, 2016
Business, Logistics

Consumer Comfort Falls to Lowest Level of the Year

Consumer confidence declined in the last week of February to the lowest level of the year as Americans’ perceptions about the economy and the buying climate waned.

Tatiana Darie | Bloomberg News
March 3, 2016