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 Reports Improved 1Q Results, Projects Growth in North American Truck Market
Aluminum-wheel supplier Alcoa reported improved first-quarter financial results and boosted its 2015 outlook for the North American heavy-duty truck market.
April 9, 2015Volvo Trucks Offers Tridem Axle on VNX Heavy-Haul Model
Volvo Trucks said it is now offering its VNX 630 model with a tridem rear axle group to maximize traction and payload.
Jobless Claims Over Past Month Lowest in Almost 15 Years
Fewer Americans applied for unemployment benefits over the past four weeks than at any time in almost 15 years, signaling underlying strength in the labor market even as hiring cooled last month.
April 9, 2015TT's Top 50 Logistics Companies: A Sneak Peek at 2015 Rankings
An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry’s landscape.
SmartDrive Raises $50 Million to Expand Video-Based Safety Technology
SmartDrive Systems, a provider of video-based safety technology, has received $50 million in funding to support its global expansion and product development efforts.
April 8, 2015Cummins Diagnostics Service Now Available With Omnitracs In-Cab Devices
Engine maker Cummins Inc.’s remote diagnostics application now is available to fleets using Omnitracs’ in-cab telematics devices, the companies said in a joint announcement.
Weekly Intermodal Rail Traffic Rises as Carloads Decline
U.S. rail intermodal traffic rose 3.8% in the week ended April 4 compared with the same week last year as carloads declined, the Association of American Railroads reported.
April 8, 2015DOT Freight Transportation Index Rises in February
The Department of Transportation’s freight transportation services index rose 2.5% in February from the same month in 2014, DOT said April 8.
April 8, 2015Manufacturers Group Presses Rep. Paul Ryan for Long-Term Bill
The Association of Equipment Manufacturers called on Rep. Paul Ryan (R-Wis.) this week to advance a long-term transportation bill before funding authority for highway programs expires May 31.
Daimler Trucks North America Recalling Some Model-Year 2015 Freightliner, Western Star Trucks
Daimler Trucks North America is recalling some model-year 2015 Freightliner and Western Star trucks due to a possible brake problem, the National Highway Traffic Safety Administration said in a recall announcement.