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

Dana Rolls Out New Axles, Driveshaft

NASHVILLE, Tenn. — Dana Holding Corp. announced improvements to its truck axles and driveshafts to help truck makers meet tighter federal standards on greenhouse-gas emissions.

February 28, 2016
Special Coverage, Business

Meritor Launches New Steer Axle

NASHVILLE, Tenn. — Meritor Inc. has launched a lighter-weight, front-steer axle that is part of the MFS series, which the company announced is easier to maintain.

February 28, 2016
Special Coverage, Business, Government

Mitchell 1 Updates Interface Between RepairConnect, Noregon Software

NASHVILLE, Tenn. — Maintenance information provider Mitchell 1 announced an update to the interface between its RepairConnect diagnostic troubleshooting tool and Noregon’s JPRO Professional commercial fleet diagnostics software.

February 28, 2016
Government, Business

House Moving Away From FAA Bill Containing Meal-Break Provision

The Federal Aviation Administration reauthorization bill containing a key provision related to meal breaks is expected to be put on hold by Republicans who control the House floor schedule, according to multiple published reports. ATA President Bill Graves, Sen. Barbara Boxer react.

Eugene Mulero | Senior Reporter
February 26, 2016
Business, Equipment

Three Finalists in Running for 33rd Goodyear Highway Hero Honor

The finalists for the 33rd Goodyear Highway Hero Award include a driver who rescued a fellow trucker who had been ejected from his rig, a driver who used his truck to protect an injured police officer from oncoming traffic, and a driver who pulled a motorist from a flame-engulfed car.

February 26, 2016
Business

Tech School’s Truck Training Expo Deemed a Success

Students in Caldwell Community College and Technical Institute's truck driver training program received a golden opportunity Feb. 18 to connect with employers at the first Truck Driver Hiring and Information Expo.

Lex Menz | News-Topic (Lenoir, N.C.)
February 26, 2016
Government, Business

Florida Examines Express Toll Lanes Between Tampa, Orlando

BARTOW, Fla. — Express toll lanes are the only way to relieve future congestion on Interstate 4 between Lakeland, Florida, and Tampa, the Polk Transportation Organization was told Feb. 25.

Tom Palmer | The Ledger (Lakeland, Fla.)
February 26, 2016
Business

UPS Invests in Same-Day Delivery Firm

UPS Inc. said that it is joining other investors in providing $28 million in funding for Deliv, a start-up company in Menlo Park, California, that offers same-day delivery of merchandise purchased by consumers from major retailers and shopping malls.

February 26, 2016
Business, Logistics

Universal Truckload Services Proposes Name Change

Transportation and logistics services provider Universal Truckload Services Inc. announced plans to change its name to Universal Logistics Holdings Inc. as part of a rebranding effort.

February 26, 2016
Business

Consumer Spending Rises in January by Most in Eight Months

Consumer purchases climbed in January by the most in eight months, fueled by faster earnings growth and indicating the biggest part of the U.S. economy gained momentum at the start of 2016.

Shobhana Chandra | Bloomberg News
February 26, 2016