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.
Alcoa Expands Portfolio of Lightweight Truck Wheels
NASHVILLE, Tenn. — Alcoa Inc. expanded what it said was the industry’s lightest heavy-duty truck wheel, Ultra ONE Wheel with MagnaForce alloy, by launching wheel sizes 24.5 inches x 8.25 inches, 22.5 x 14 and 22.5 x 9.
February 29, 2016Halo Tire Inflator Growing in Adoption
NASHVILLE, Tenn. — Aperia Technologies Inc. said its Halo brand of tire inflator, introduced two years ago, is in use on thousands of vehicles operated by more than 100 fleets and offered at more than 100 dealer locations.
February 29, 2016TrackPoint, Stemco Partner on Trailer Monitoring
NASHVILLE, Tenn. — TrackPoint Systems and Stemco have partnered to provide tire pressure and mileage monitoring for untethered trailers.
February 29, 2016Truck-Lite Introduces Light-Out Detection System
NASHVILLE, Tenn. — Truck-Lite Co. has introduced its Light-Out Detection System, which alerts drivers when there is a problem with the trailer’s LED safety lighting.
February 29, 2016Shippers' Desire for Data Offers Fleets Opportunities
NASHVILLE, Tenn. — Shippers remain more data-driven than ever, and that can present opportunities for carriers, a panel of experts said.
Ram CEO Targets Growth in Commercial Van and Truck Sales
Industry sales of pickups have exploded over the past five years as housing has recovered and some lifestyle buyers have returned to the market after it was devastated by the recession.
Oil Prices Expected to Average $40 a Barrel in 2016
Oil prices will average just over $40 a barrel this year due to subdued demand and the likelihood a tentative agreement by leading producers to freeze output will do little to drain a supply glut, a Reuters poll showed Feb. 29.
272-Year Old Shipping Exchange Gets Acquisition Offer from Singapore
Singapore Exchange is seeking to buy Baltic Exchange, the 272-year-old London-based provider of information on global shipping costs.
TMW Introduces Products to Streamline Maintenance
NASHVILLE, Tenn. — TMW Systems showcased several new software products designed to improve fleet maintenance operations during the annual Technology & Maintenance Council meeting here, including automated management of driver vehicle inspection reports, a mobile app for technicians and new business intelligence tools.
February 29, 2016Pending Sales of US Existing Homes Fall by Most in Two Years
Contracts to purchase previously owned homes unexpectedly dropped in January by the most in two years, representing a setback in residential real estate leading up to the spring selling season.