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.
Double Coin Doubles Mexico Market Share
Tire maker Double Coin said it has doubled its market share in Mexico since being reintroduced to that country’s market in 2007.
March 17, 2009Chris Patterson to Retire from DTNA in June
Chris Patterson, head of Daimler Trucks North America, plans to retire in June, parent company Daimler AG said Monday.
March 16, 2009Carriers May Save Billions of Dollars With Better Technology, Study Says
Motor carriers incur tens of billions of dollars in lost productivity because of inefficiencies that could be mitigated by wider use of wireless information technology, according to a new federal report.
March 16, 2009Eaton to Close Indiana Transmission Plant
Truck parts manufacturer Eaton Corp. plans to close a plant in Greenfield, Ind., and move its operations to North Carolina and Mexico, Bloomberg reported.
March 16, 2009Industrial Production Falls 1.4%
U.S. industrial production fell 1.4% in February, declining for the fourth consecutive month, the Federal Reserve said Monday.
March 16, 2009OPEC Holds Off on More Production Cuts
OPEC plans to hold its oil output steady rather than to make deeper production cuts that were sought by some of its members, the Wall Street Journal reported Monday.
March 16, 2009Transplace to Manage Logistics for Pace Industries
Custom die casting company Pace Industries has chosen third-party logistics company Transplace to manage its truckload, less-than-truckload and expedited shipments, Transplace said Tuesday.
March 16, 2009N.Y. State Manufacturing Index Hits Record Low
Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Monday.
March 16, 2009N.H. Truckers Balk at 15-Cent Diesel Tax Boost
A proposed 15-cent boost in New Hampshire’s diesel tax will badly hurt the trucking industry, truckers told state lawmakers, the Associated Press reported.
March 16, 2009ATRI Study for FMCSA Gauges Value of Safety Systems
The Federal Motor Carrier Safety Administration released the results of a study led by the American Transportation Research Institute that quantifies the potential return on investment offered by three types of onboard truck safety systems.
March 16, 2009