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, Equipment, Logistics, Top 100

Ryder Expands Truck, Trailer Sharing Service

Ryder System Inc. expanded its truck ride-sharing program into California, Tennessee and North Carolina, the company announced Jan. 27.

January 29, 2021
Government, Business, Fuel

Biden Revokes Oil Drilling Permits for Additional Review

The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.

Jennifer A. Dlouhy | Bloomberg News
January 29, 2021
Government, Business

Senate Committee Schedules Vote on Raimondo’s Nomination

A U.S. Senate panel scheduled a vote to consider the nomination of Gov. Gina Raimondo to become the country’s next secretary of commerce.

Eugene Mulero | Senior Reporter
January 29, 2021
Business, Equipment

Dana Expands Line of Electric Motors, Inverters

Dana Inc. announced an expanded family of TM4 Sumo HP electric motors and inverters specifically designed for battery-electric, range-extended and fuel-cell vehicles.

January 29, 2021
Business, Technology, Equipment, Safety

Utility Makes 7-Inch Rear Impact Guard Standard

Utility Trailer Manufacturing Co. announced its dry vans, refrigerated vans and flatbeds produced after 2002 can be retrofitted with Utility’s now-standard 7-inch deep, horizontal ICC bumper in order to exceed all rear trailer-guard safety regulations.

January 29, 2021
Business, Technology, Equipment

Automated Manual Transmissions Become Industry’s Popular Option

If a customer wants to drive one of the Class 8 trucks in Ryder’s commercial rental fleet, it will have to be one with an automated manual transmission, which shouldn’t be a problem because that’s what most customers want.

Steve Brawner | Special to Transport Topics
January 29, 2021
Government, Business, Safety

Trucks Included in Maryland’s Updated Safety Plan

The 2021-2025 Maryland Strategic Highway Safety Plan, released Jan. 28, identifies strategies and actions meant to help eliminate fatalities on state roadways.

Eleanor Lamb | Staff Reporter
January 29, 2021
Business, Technology, Equipment, Safety

Tire Maintenance Involves Familiar Practices, New Technology

Heavy-duty truck tire maintenance is proof positive that a field can remain constant while constantly evolving. Many parts of the tire-changing process have remained static for decades. But fleets say new tire designs, tools and technologies are enhancing maintenance operations, especially for tire monitoring. 

Katie Pyzyk | Special to Transport Topics
January 29, 2021
Business, Technology, Equipment

Keeping a Solid ADAS Foundation

Braswell: Despite the clear safety benefits and demonstrated reduction in fre­quency, severity and injuries in accident statistics, resistance remains to retiring older equipment because of reluctance or resistance to advanced driver assistance systems technologies.

Robert Braswell | Executive Director, Technology & Maintenance Council
January 29, 2021
Business, Equipment, Safety

Fleets Implement Techniques to Fight Corrosion From Salts

Keeping roadways free of snow and ice is critical for safety, but the de-icing products states use — mainly chlorides — are notorious for causing truck corrosion, creating a significant risk to equipment.

Mindy Long | Special to Transport Topics
January 29, 2021