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.
Cummins Says Advancements Save $4,000 Per Truck
LOUISVILLE, Ky. — Cummins Inc. officials, speaking as the Mid-America Trucking Show opens here, emphasized engine-related fuel efficiency gains that can save $4,000 per truck annually and stimulate increased business in the improving 2014 trucking market.
Continental Adds New Tire Offerings as Markets Evolve
LOUISVILLE, Ky. — Continental Tire is unveiling three new tires at the Mid-America Trucking Show in response to changing transportation trends, including more urban transport, increased world trade and expected infrastructure construction from government programs, the company’s top U.S. tire executive said.
VDO RoadLog Adds New Offerings
LOUISVILLE, Ky. — Jeff Waterstreet, sales manager for Continental’s VDO RoadLog outlined a series of new offerings for the currently available electronic logging device and multiple enhancements to be rolled out later this year.
Hankook Launches New Tire Line
LOUISVILLE, Ky. — Hankook Tire said it is launching a tire line in six sizes for the longhaul and regional drive trucking markets.
Wabco, SmartDrive Set Alliance
LOUISVILLE, Ky. — Wabco Holdings announced an alliance with SmartDrive Systems to track driver performance and provide analysis of video recordings to help better train truck drivers and reduce crashes.
Commercial Vehicle Group to Close Oregon Factory
Commercial Vehicle Group said it plans to close its production and warehouse facility in Tigard, Ore., and expects the closure to be completed by December 2014.
March 26, 2014Taylor Receives Influential Woman in Trucking Award
Marcia Taylor, president of Bennett International Group, was presented the Influential Woman in Trucking award March 25 at the Truckload Carriers Association’s annual meeting in Grapevine, Texas.
March 26, 2014Capital Goods Orders Drop as Business Spending Cools
Orders for U.S. business equipment fell in February for the second time in three months, signaling corporate investment will be slow to gain momentum following an unusually harsh winter that put a damper on demand.
March 26, 2014Driver Shortage, Lack of Highway Funding Top Concerns at TCA Meeting
GRAPEVINE, Texas — A stronger economy was reason to celebrate at the 76th annual convention of the Truckload Carriers Association, although industry officials cautioned that the driver shortage and concern over the nation’s lack of highway funding could curb trucking’s ability to grow and meet shippers’ demands.
Omnitracs’ Separation from Qualcomm Continues Smoothly, Company Says
GRAPEVINE, Texas — Omnitracs, the largest provider of in-cab communications systems for the trucking industry, is spending the better part of this year completing its separation from Qualcomm, CEO John Graham said.