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.

Government, Business, Technology

Capitol Agenda for the Week of March 1: Darling’s Nomination

On March 3, members of the Senate Commerce Committee will have a chance to voice their concerns about Scott Darling’s qualifications to lead the Federal Motor Carrier Safety Administration when the panel votes on his nomination. Sen. John Thune (R-S.D.), the committee’s chairman, told Transport Topics several committee members had raised concerns about Darling’s “depth of experience” on key trucking issues.

March 1, 2016
Special Coverage, Business

Truck Makers Face Decreasing Brand Loyalty, Retired Exec Hebe Says

NASHVILLE, Tenn. — Even after a decade of rapid change, the world of trucking and truck makers is hurtling into a world of diminishing brand loyalty and decreasing lengths of haul because of intermodal shipping, said retired manufacturing executive James Hebe.

Jonathan S. Reiskin | Associate News Editor
February 29, 2016
Special Coverage, Business, Government

V2V Communication Projects Advancing, NHTSA Official Says

NASHVILLE, Tenn. — An engineer with the National Highway Traffic Safety Administration said advances in vehicle-to-vehicle communications continue to accelerate and that new studies are under way to address several critical and complex issues.

Neil Abt | Editorial Director
February 29, 2016
Special Coverage, Business

International Debuts Over-The-Air Reprogramming of ECMs

NASHVILLE, Tenn. — International Truck announced that over-the-air reprogramming of engine control modules for all International Truck models powered by its N9, N10 and N13 engines is available for no charge.

February 29, 2016
Special Coverage, Business

Great Dane Expands AdvantEdge Program, Shows Latest Trailer Enhancements

NASHVILLE, Tenn. — Great Dane Trailers has expanded its AdvantEdge national accounts parts and service program by partnering with Love’s Travel Stops.

February 29, 2016
Special Coverage, Business

EBE Offers New Vehicle-Maintenance Software

NASHVILLE, Tenn. — EBE Technologies announced the launch of SHIPS vehicle maintenance solution (VMS), which allows carriers to optimize their internal or outsourced maintenance operations.

February 29, 2016
Business

Fourth-Quarter Profit Margin Improves for Brokers, TIA Says

The Transportation Intermediaries Association’s fourth-quarter business activity report showed continued improvement in brokers’ profit margin on a year-over-year basis.

February 29, 2016
Business, Fuel

National Diesel Average Price Rises Less Than a Cent to $1.989

The U.S. retail diesel average price rose for the second consecutive week, increasing 0.6 cent a gallon to $1.989, the Department of Energy reported Feb. 29.

February 29, 2016
Business

Volvo Trucks Announces Seven Dealers Are First Certified Uptime Centers

Volvo Trucks said seven dealers have been designated as Certified Uptime Centers, representing the first businesses to earn that recognition.

February 29, 2016
Special Coverage, Business, Equipment

Michelin Launches Higher Mileage Linehaul Steer Tire

NASHVILLE, Tenn. — Michelin Americas Truck Tires, a division of Michelin North America Inc., said it launched a new premium linehaul steer tire, the X Line Energy Z, that the company guarantees will deliver 20% more mileage than leading competitor linehaul steer tires and 5% better rolling resistance than the XZA3+ tire it replaces.

February 29, 2016