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.
White House Weighs Emergency Decree for Rails if There’s a Strike
The White House is considering the use of emergency powers to ensure critical materials, such as chlorine for wastewater treatment plants, can be delivered in the event of a freight rail worker strike in order to avoid devastating disruptions to services.
Number of Female Technicians in Transportation Remains Low
The percentage of female technicians working at transportation companies remains low, the Women In Trucking Association Index found Sept. 12.
September 13, 2022DTNA Unveils Plus Series for Classes 6-8 Freightliner Models
Daimler introduced major updates to the interior and electrical systems of its M2 and SD models, including new safety and connectivity systems.
Rail Talks Watched as Contract Deadline Nears
As shippers and retailers head into the peak shopping season, ongoing labor negotiations are being closely watched for any signs of disruption, which experts say would have a huge impact on the U.S. economy.
US, Mexico to Cooperate on Semiconductors, Electric Vehicles
MEXICO CITY — Mexico and the United States plan to take advantage of the Biden administration’s massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationalized lithium industry, officials from both countries said Sept. 12.
US Inflation Falls for 2nd Straight Month on Lower Gas Costs
WASHINGTON — Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.
Kenworth Offers New TX Model Automated Transmissions
Kenworth Truck Co., a brand of Paccar Inc., announced the new Paccar TX-18 and TX-18 Pro automated transmissions for Class 8 heavy on-highway and select off-highway vocational applications are now available for order.
September 12, 2022Goodyear Adds Armor Max Extreme Service Drive Tire
The Goodyear Tire & Rubber Co. announced a new addition to its Armor Max lineup, the Goodyear Armor Max Extreme Service Drive tire.
September 12, 2022Hyliion Names Jon Panzer Chief Financial Officer
Hyliion Holdings Corp. announced Jon Panzer joined the company as chief financial officer.
September 12, 2022Decline in Demand to Affect Trucking Freight, Economists Say
The upcoming retail holiday season is likely to see slower sales below the surging pace of 2021 as the U.S. economy’s pace of growth slows to a much lower level, which will have an impact on the amount of freight shipped by trucking.