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.
Eaton, Cummins Expand Powertrain Partnership
NASHVILLE, Tenn. — Officials from Eaton Corp. and Cummins Inc. said the two companies are adding an engine to their SmartAdvantage integrated powertrain lineup and are matching one of Eaton’s transmissions to a Cummins natural-gas engine.
Cooper Adds Roadmaster Tire, Eyes Fleet Market
NASHVILLE, Tenn. — Cooper Tire introduced a new Roadmaster tire on the highway specifically engineered to withstand the demands of drop-deck trailers, and company officials said they plan to enter the fleet market later this year.
Wabash, Strehl Release New Trailer Aerodynamic Products
NASHVILLE, Tenn. — Wabash National Corp. unveiled two new trailer add-on products which it said, when used together, can boost fuel economy 9% or more by improving aerodynamics.
Oil Train Crash Adds Pressure for New Safety Standards
Video images of a fireball billowing from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.
Neptune Orient Lines to Sell APL Logistics for $1.2 Billion
Singapore-based Neptune Orient Lines has agreed to sell its APL Logistics business unit to Japanese shipping firm Kintetsu World Express for $1.2 billion.
Factory Production Posts Tepid Growth in January
Factory production rose less than forecast in January as motor vehicle assemblies declined along with demand for construction materials, indicating U.S. manufacturing is moderating.
Housing Starts Fall as Demand for Single-Family Homes Cools
Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.
Be Aware of Elements That Cause Corrosion, Experts Say
NASHVILLE, Tenn. — Fifty years ago, the only type of corrosion the trucking industry worried about was from road salt on the truck chassis. But today, no part of a truck is safe from corrosion, said those who run, build, maintain and wash trucks.
Cummins Filtration Releases New Filter
NASHVILLE, Tenn. — Cummins Filtration Inc. announced the release of a new oil filter for the Cummins ISX15 engine.
February 17, 2015Capacity Trucks Introduces Sabre Terminal Tractor at TMC
NASHVILLE, Tenn. — Capacity Trucks showed a new terminal tractor for warehouse, port and intermodal operations while another terminal tractor maker, Kalmar Ottawa, said its T2 terminal tractor helped the company to its second-best year ever.