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.
Mobileye Files for IPO
Intel Corp. said its Mobileye self-driving car business has filed confidentially for an initial public offering.
Oil Jumps Near $123 as Chance of Russian Ban Spurs Crisis Fears
Oil had its biggest daily swing ever, surging to near $140 before pulling back, on the prospect of even tighter supplies after the U.S. said it was considering a ban on Russian crude imports.
TMC Readies Study on Reefer Trailers
ORLANDO, Fla. – American Trucking Associations’ Technology & Maintenance Council said its upcoming report on refrigerated trailers can help fleets stay competitive and regulatory-compliant.
Utility Trailer, Phillips Connect Partner to Form Utility Connect
ORLANDO, Fla. — Trailer solutions firm Phillips Connect has teamed up with Utility Trailers to form Utility Connect, which matches a re-engineered version of Utility’s proprietary wiring harness with the Phillips Connect Smart7 nosebox.
Decisiv Unveils New Services
ORLANDO, Fla. — Decisiv has unveiled new services designed to help fleets and service providers streamline service operations.
East Launches Its New Horizon Round-Bottom Trailer
ORLANDO, Fla. — East Manufacturing launched its new round-bottom trailer — Horizon — designed for agricultural use as well as aggregate, sand and gravel load.
Reports: Q4 Uptime Increases, but Service Costs Rise
ORLANDO, Fla. — Fleets experienced a 14.2% increase in labor costs related to maintenance and repairs year-over-year during the fourth quarter of 2021, American Trucking Associations’ Technology & Maintenance Council (TMC) and Decisiv revealed in a report March 6.
ConMet eMobility, Carrier Transicold Announce Commercial Partnership
ORLANDO, Fla. — ConMet eMobility and Carrier Transicold announced their commercial partnership and upcoming supply agreements as the companies are setting plans to increase sales of the PreSet Plus eHub.
SAF-Holland Developing TRAKr E-Axles for North America
ORLANDO, Fla.— SAF-Holland Group announced it began market and product development of trailer electric axles on real-world applications for the North American market.
Goodyear Awards Illinois Truck Driver Its Highway Hero Honor
ORLANDO, Fla. — A truck driver who rescued motorists from a burning vehicle was honored by the Goodyear Tire & Rubber Co. as the winner of its 2020-2021 Highway Hero Award.