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, Logistics

Canadian Pacific Says Weather, KCS Merger Affected Q4 Results

Severe winter weather along part of its network and increased costs with the proposed merger of Canadian Pacific Railway with Kansas City Southern impacted fourth-quarter financial results.

Dan Ronan | Senior Reporter
January 28, 2022
Government, Business, Technology

TMC Eyes Automated Driving Systems With New Recommended Practices

TMC has “turned a hat trick” in pursuing three goals for its development of prospective Recommended Practices (RPs) covering automated vehicles.

January 28, 2022
Business, Fuel

Chevron Profit Falls Short of Forecasts Despite Oil’s Rally

Chevron Corp. posted disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take full advantage of surging energy prices.

Kevin Crowley | Bloomberg News
January 28, 2022
Business

Home Depot Names Executive Ted Decker as New CEO

The Home Depot on Jan. 27 named veteran executive Edward "Ted" Decker as its new CEO.

Dee-Ann Durbin | Associated Press
January 28, 2022
Business, Equipment

Caterpillar Pushes Through Supply Constraints in Strong Q4

Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.

Michelle Chapman | Associated Press
January 28, 2022
Business, Technology, Equipment

Routine Maintenance Keeps HVAC Units Humming

Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors. For that reason, regular maintenance on the systems is critical.

Stephen Bennett | Special to Transport Topics
January 28, 2022
Government, Business, Safety

Bridge Collapses in Pittsburgh

PITTSBURGH — A 50-year-old bridge collapsed in Pittsburgh early Jan. 28, requiring rescuers to rappel nearly 150 feet and form a human chain to reach occupants of a bus that had plummeted with the span into a park ravine.

January 28, 2022
Government, Business, Equipment

Mack Trucks, Military Team Up to Create Combat-Ready Dump Truck

Mack Trucks Inc. is manufacturing a four-axle, heavy-duty dump truck for the U.S. Army that is offered with either a standard cab with a special, poison gas-resistant coating or a heavily armored cab.

John Baxter | Special to Transport Topics
January 28, 2022
Business, Equipment

New Year, Used Trucks

Having the right part for the right job is the essential tenet for any technician performing maintenance. Trucks can’t move if they’re not operating properly. This is the theme for this quarter’s Calibrate as we explore the details of equipment maintenance and provide a larger perspective of what it entails for the trucking industry.

Michael Freeze | Features Editor
January 28, 2022
Business, Technology, Equipment, Fuel

Five Questions With Kerry Stritt, VP of Fleet Services for Southeastern Freight Lines

A professional answers our questions about challenge and innovations in his department.

January 28, 2022