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.
Home Prices in 20 US Cities Rose at Slower Pace in May
Home prices in 20 U.S. cities rose at a slower pace in the year ended May, keeping more properties within reach for prospective buyers.
July 28, 2015Senate Limits Debate, Inches Closer to Vote on Highway Bill
The Senate late on July 27 agreed to limit debate on a six-year highway bill, paving the way for final passage within days.
Navistar Completes Order to Supply Quality Cos. With 9,000 Trucks
Truck maker Navistar Inc. has finalized an agreement to supply Quality Cos., a subsidiary of truckload carrier Celadon Inc., with 9,000 Class 8 tractors during the next three years.
Daimler's Bernhard: Testing of Autonomous Trucks on German Roads Will Begin This Year
Daimler plans to test self-driving trucks as early as this year, the head of the company's global truck and bus unit told a German newspaper.
Freight Volumes Projected to Grow 29% Through 2026, ATA Report Says
Freight volumes are projected to increase by nearly 29% over the next 11 years, according to a report released by American Trucking Associations on July 27.
Chrysler to Buy Back Recalled Ram Pickups
Fiat Chrysler Automobiles NV has agreed to repurchase more than half a million vehicles — most of them Ram pickups — as part of a settlement with the federal government that also includes a record $105 million penalty for delaying action on safety defects in its vehicles, Bloomberg News reported.
July 27, 2015Hillary Clinton Declines to Say Where She Stands on Keystone XL
Hillary Clinton declined to weigh in on the Obama administration’s ongoing deliberations over the Keystone XL oil pipeline July 27, avoiding an issue that has become a litmus test for climate activists.
Alcoa Forms New Unit for Commercial Wheels
Alcoa Inc. has created a division to focus on the commercial wheels business as part of a corporate realignment.
July 27, 2015Menlo Brokerage Expands Into Eastern Europe
Menlo Freight Brokerage, part of Con-way Inc., announced the expansion of services in Eastern Europe through the opening of an office in Prague.
July 27, 2015June Trailer Orders Jump 29% as Fleets Book Early 2016 Commitments
June trailer orders surged to nearly 27,900 units as fleets booked early commitments for 2016 production, ACT Research said.