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 February North American Truck Deliveries Drop 46%
Volvo AB said its North American truck deliveries fell 46% in February from a year ago.
March 21, 2013Leading Economic Indicators Rise in February
An index of leading economic indicators rose 0.5% in February, the New York-based Conference Board said Thursday.
March 21, 2013Philadelphia Manufacturing Activity Expands
Manufacturing activity in the Philadelphia region expanded in March, the Federal Reserve Bank of Philadelphia said Thursday.
March 21, 2013Existing Home Sales Rise to Highest Level in Three Years
Existing home sales rose 0.4% to 4.98 million in January, the highest level in three years, the National Association of Realtors said Thursday.
March 21, 2013Volvo Exhibits New VNX Heavy-Haul Tractor
LOUISVILLE, Ky. — Volvo Trucks unveiled a new heavy-haul tractor here Thursday, the VNX. Powered by the company’s D16 engine, the VNX will transport extraordinary loads ranging from 110,000 to 200,000 pounds.
Hendrickson Introduces New Severe-Duty Suspension
LOUISVILLE, Ky. — Heavy-duty suspension maker Hendrickson International Corp. launched a new severe-duty rubber suspension Thursday that it said increases traction, decreases weight and provides a comfortable ride whether a vehicle is loaded or unloaded.
Initial Jobless Claims Rise for Week
Initial jobless claims rose by 2,000 last week, the Labor Department said Thursday.
March 21, 2013Freightliner Cascadia Evolution Passes 10,000-Order Mark
LOUISVILLE, Ky. — Freightliner Trucks’ Cascadia Evolution passed the 10,000-order threshold after less than a year in production, and the company rebranded its Coronado model as the 122 SD, the company said here at the Mid-America Trucking Show.
Peterbilt Unveils New 567 Vocational Truck, More Versions of 579
LOUISVILLE, Ky. — Peterbilt Motors Co. introduced a new heavy-duty vocational truck here Wednesday, the 567, with “perfect timing” to coincide with the long-awaited improvement in the housing and construction industries.
Navistar’s Delivery of MaxxForce 13 Engines With Cummins Aftertreatment Technology to Begin in April
LOUISVILLE, Ky. — Navistar International Corp. said here Wednesday that deliveries of ProStar tractors with MaxxForce 13 engines equipped with Cummins Inc.’s aftertreatment technology will begin in late April.