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.
Texas Lawmaker Backs State Programs That Promote Natural Gas, Alternative Fuels
DALLAS — A Texas state lawmaker said he backs incentives that increase the use of natural gas and other alternative transportation fuels.
Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Penske Adding More Natural-Gas Maintenance Facilities
DALLAS — Penske Truck Leasing expects to add 10 to 15 new natural-gas maintenance facilities this year, bringing its total to 30 to 35 by year’s end, company officials said.
Denso Announces New Alternator for Medium-, Heavy-Duty Market
DALLAS — Automotive supplier Denso has developed a new high-amperage alternator for the medium- and heavy-duty truck market that the company said is smaller, lighter and more efficient.
Transportation Groups Take Message to the Airwaves
Two key transportation groups have launched a radio ad campaign calling on Congress to approve a permanent fix for the Highway Trust Fund.
May 7, 2015Berend Bracht Picked to Succeed Joe McAleese as Bendix CEO
Berend Bracht has been appointed to replace Joe McAleese as CEO of Bendix Commercial Vehicle Systems, the Elyria, Ohio-based manufacturer of safety and braking systems for commercial vehicles.
Infrastructure Jobs Lift Economic Well-Being of Low-Income Workers, Brookings Study Says
Infrastructure jobs provide higher and more equitable wages for low-income workers compared with all job categories nationally, said a new report that makes the case Congress should approve a long-term transportation bill.
Photo Gallery: Images of Freightliner's Inspiration Truck
See photos of Freightliner's Inspiration Truck, the first autonomous-driving truck licensed to travel on a road in the United States. Plus, video inside and outside of the truck.
May 7, 2015Volkswagen Creates Truck Group to Push MAN, Scania Cooperation
Volkswagen AG created a holding company for its MAN and Scania heavy-truck units in the latest effort to kick-start cost savings and cooperation efforts after buying the former rivals.
May 7, 2015Ford's April Sales Reflect Surge in US Van Purchases
Ford sold more vans last month than it has in any April in almost 30 years, and U.S. van sales by unit have more than doubled in the past five years, according to data from Edmunds.com.
Quality Distribution Agrees to $800 Million Sale to Private Equity Firm
Tank carrier Quality Distribution Inc. has agreed to be acquired for approximately $800 million by private equity firm Apax Partners, the companies announced.
May 7, 2015