Business

About Business News...

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.

Government, Business, Safety

Chrysler, Fiat Set Partnership

In a matter of hours following a demand by the Obama administration, Chrysler LLC said Monday it has agreement to form a “global alliance” with Italian auto maker Fiat, news services reported.

March 30, 2009
Business, Government

Opinion: Technology Aids Fleet, Dealer Service Relations

For as long as there has been a trucking industry, fleet equipment and maintenance executives have complained that dealer service operations bills are too high and fail to provide accurate and timely estimates and vehicle repairs.

March 30, 2009
Business

Truck Lite, Grote Introduce LED Products

LOUISVILLE, Ky. — Two manufacturers of lighting products for trucks moved in different directions at the Mid-America Trucking Show here, with Truck Lite rolling out round, white LED headlamps and Grote Industries offering thousands of tiny points of colored light. Both debuted March 18.

Jonathan S. Reiskin | Associate News Editor
March 30, 2009
Business

GM’s Wagoner Forced to Resign

The Obama administration forced General Motors Corp. Chief Executive Officer Rick Wagoner to resign after a task force decided he was unable to craft a plan to save the automaker, Bloomberg reported Monday.

March 30, 2009
Business

Truck Lite, Grote Introduce LED Products

LOUISVILLE, Ky. — Two manufacturers of lighting products for trucks moved in different directions at the Mid-America Trucking Show here, with Truck Lite rolling out round, white LED headlamps and Grote Industries offering thousands of tiny points of colored light. Both debuted March 18.

Jonathan S. Reiskin | Associate News Editor
March 30, 2009
Business, Safety

ATA Reorganizes Two Councils

American Trucking Associations is reorganizing its Safety & Loss Prevention Management Council and Security Council to form two new councils.

March 30, 2009
Business, Fuel, Government

EPA Proposes Strict Ship Emissions Standards

The Environmental Protection Agency has asked that an emissions control area be created along the United States’ coastline to reduce what officials say are harmful emissions from ships.

March 30, 2009
Government, Business, Safety

Reefer-Unit Manufacturers Roll Out New Hybrid Models

LOUISVILLE, Ky. — The two largest North American manufacturers of trailer refrigerated units each introduced updated product lines with an emphasis on hybrid power at the Mid-America Trucking Show here.

March 30, 2009
Business, Equipment

Cummins Unit to Consolidate S.C. Plants

Diesel engine maker Cummins Inc. said it will consolidate turbocharger operations at two South Caroline plants and may cut jobs in the unit later this year.

March 30, 2009
Business, Fuel

Oil Falls to Near $50 in Early Trading

Crude oil fell almost $2 to near $50 a barrel in early trading Monday following a similar drop on Friday, as the outlook for world demand remained low, Bloomberg reported.

March 30, 2009