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.
Oil Slips but Remains Near $98 a Barrel
Oil fell from a three-and-a-half month high to below $98 a barrel early Monday on concerns over Italy’s debt and easing demand in China, Bloomberg reported
November 14, 2011Mack Names Walsh Vice President of Marketing
Mack Trucks named John Walsh its vice president of marketing, effective Dec. 1.
November 14, 2011Love’s Travel Stops to Add 10 CNG Stations
Love’s Travel Stops & Country Stores said it will add 10 compressed natural gas fueling stations at existing locations in Oklahoma.
November 14, 2011Cummins Develops New Urea System
Cummins Emission Solutions, a division of Cummins Inc., said it was in the advanced development stages of a new urea dosing system for the selective catalytic reduction systems used on most new heavy truck engines.
November 14, 2011IdleAir Offers Free Service at Two New Locations
IdleAir, which provides anti-idling equipment at truck stops, announced it is offering free service this month at two new locations in Georgia and Tennessee.
November 14, 2011Opinion: Third Time Could Be the Charm
Will the old saw, “third time’s the charm,” turn out to be true for the truck safety tax-credit bill? That’s what carriers of all sizes are hoping for — although the larger fleets may be hoping a tad harder than their smaller colleagues.
November 14, 2011Editorial: Inching Toward a Highway Bill
At last, we’ve had some movement on Capitol Hill toward enactment of a new federal transportation funding act.
November 14, 2011Advocates Urge Focus on Longer-Term Bill After Infrastructure Measure Fails in Senate
Transportation advocates said they were not surprised that Senate Republicans blocked President Obama’s $60 billion infrastructure proposal earlier this month, and they see it as an opportunity for Congress to focus on a long-term highway reauthorization bill.
November 14, 2011Volvo Transmission Work Moving to U.S. Factory
KOPING, Sweden — The Volvo Group said it is moving ahead with a plan to shift the assembly of its I-shift automated mechanical transmission from its factory here to the United States and Brazil for trucks that its subsidiaries build in North and South America.
November 14, 2011VW Completes Acquisition of Rival MAN; Seeks to Be Key Player in Global Market
Vehicle manufacturer Volkswagen AG said last week that it completed the purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming “a new top player on the global truck market.”
November 14, 2011