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.

Business, Technology, Autonomous

Mobileye Files for IPO

Intel Corp. said its Mobileye self-driving car business has filed confidentially for an initial public offering.

Molly Schuetz | Bloomberg News
March 7, 2022
Government, Business

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.

March 7, 2022
Business, Technology, Equipment

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.

Connor D. Wolf | Staff Reporter
March 6, 2022
Business, Technology, Equipment

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.

Michael Freeze | Features Editor
March 6, 2022
Business, Technology, Equipment

Decisiv Unveils New Services

ORLANDO, Fla. — Decisiv has unveiled new services designed to help fleets and service providers streamline service operations.

Connor D. Wolf | Staff Reporter
March 6, 2022
Business, Technology, Equipment

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.

Michael Freeze | Features Editor
March 6, 2022
Business, Technology

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.

Connor D. Wolf | Staff Reporter
March 6, 2022
Business, Technology

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.

Michael Freeze | Features Editor
March 6, 2022
Business, Technology, Equipment

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.

Eugene Mulero | Senior Reporter
March 6, 2022
Business, Technology, Safety

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.

Michael Freeze | Features Editor
March 6, 2022