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.
Penske Automotive Group Acquires Canadian Firm Team Truck Centres
Penske Automotive Group has acquired London, Ontario-based Team Truck Centres, a retailer of medium- and heavy-duty Freightliner and Western Star commercial trucks.
March 4, 2022DTNA Renews Agreement With Motor Information Systems
Daimler Truck North America announced it signed an enterprise renewal agreement with Motor Information Systems, a custom data provider for medium- and heavy-duty parts numbers and cross-references.
March 4, 2022Policymakers Raise Issue of Federal Oversight in Infrastructure Investments
Congressional transportation officials are raising the issue of oversight in how states will spend $1.2 trillion in federal infrastructure funding.
Buttigieg Reaffirms Efforts to Increase Truck Parking
Transportation Secretary Pete Buttigieg told senators the U.S. Department of Transportation is addressing the need for increasing access to parking for truck drivers.
Davco Unveils New Versions in Product Lines
Davco, a unit of Clarience Technologies, unveiled the Fuel Pro 385/387/388 models, its latest all-in-one fuel filter, water separator and fuel preheaters for heavy-duty diesel designed to fit Western Star, Volvo, Navistar and Mack Class 8 trucks.
March 4, 2022TuSimple Initiates Planned Leadership Succession
Autonomous truck technology developer TuSimple announced co-founder and Chief Technology Officer Xiaodi Hou will succeed Cheng Lu as CEO and Mo Chen as company chairman, effective immediately.
March 4, 2022GAO Denies Protests to $17.9 Billion Military Moving Contract
A Houston-based company will retain a $17.9 billion contract to move military families after the Government Accountability Office rejected protests lodged last year by two companies seeking to block the agreement.
Meritor to Develop Trailer Components for ConMet’s eHub
Meritor Inc. announced an agreement with ConMet in which Meritor will develop purpose-built trailer suspensions and brakes, as well as tire inflation systems to work with ConMet’s PreSet Plus eHub. This system will enable production of zero-emission refrigerated trailers.
March 4, 2022Oil Executives Urge Biden to Unleash Shale
The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.
March 4, 2022How Fleets Are Winning the Race to Hire Drivers
Motor carriers are implementing technologies designed to streamline the online recruiting and onboarding process so they can keep in touch with qualified drivers and ultimately hire more of them.