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.
Volvo’s Persson Sees Energy, Environment Issues as Critical for Trucking
LOUISVILLE, Ky. — Energy and the environment remain issues of great importance for trucking, in terms of the types of fuels consumed and regulations and laws that arise from the concern, the CEO of Volvo Group said here.
PeopleNet to Connect With Cummins Diagnostics Service
Onboard truck technology firm PeopleNet announced the availability of an introductory version of Cummins Connected Diagnostics on the current PeopleNet g3 platform.
Eaton Introduces Neutral-Gear Coasting to Transmissions
LOUISVILLE, Ky. — Truck transmission supplier Eaton introduced a neutral-gear coasting capability to its Fuller Advantage and UltraShift automated transmissions that can automatically disengage a truck’s driveline so that it can coast on slight downhill grades.
Safety Agencies Seek to Increase Budgets to Hire Inspectors for Oil Transport
The three agencies that oversee truck, railroad and pipeline safety are asking to hire more inspectors to address concerns generated by the nation’s energy boom.
C.R. England, Celadon Offer New Driver Pay Packages
National carriers C.R. England and Celadon Group Inc. announced new pay packages for their drivers.
Railroads Caught by Speed of Crude-Oil Collapse
The slowdown that North American railroad companies had been bracing for in crude oil shipments has turned into a rout, with volumes falling faster than executives had predicted.
Dayton Freight Introduces Expedited Service
Regional less-than-truckload carrier Dayton Freight Lines introduced a new expedited service using ground and air transportation.
Economy Grows 2.2% as Consumers Keep Spending
The U.S. economy expanded at 2.2% annualized pace in the fourth quarter, led by the biggest gain in consumer spending in eight years.
March 27, 2015Consumer Sentiment Cools, Capping Best Quarter Since 2004
Consumer confidence fell less than forecast in March, capping the best quarter since 2004 as the labor market stayed strong and gasoline prices leveled off.
Hendrickson Launches Air Disc Brake for Trailers
LOUISVILLE, Ky. — Truck-and-trailer suspension and axle supplier Hendrickson Trailer Commercial Vehicle Systems launched an air disc brake system for trailers March 26 at the Mid-America Trucking Show here.