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, Equipment

Wabash Reports Higher 2Q Earnings, Trailer Shipments

Wabash National Corp. said second-quarter earnings jumped 76% as trailer shipments increased from a year ago.

Seth Clevenger | Managing Editor, Features and Multimedia
July 28, 2015
Government, Business, Safety, Technology

Amazon Envisions Distinct Drone Zones for Future Delivery Fleet

The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future.

July 28, 2015
Business

CRST Founder Smith Dies at 91

Herald Smith, the founder of CRST International, died July 27 at his summer home in Wisconsin at age 91.

Jonathan S. Reiskin | Associate News Editor
July 28, 2015
Business, Technology

SkyBitz Debuts All-In-One Product to Track Trailers and Cargo Status

SkyBitz has launched a product that combines its trailer tracking device and cargo sensor in a package designed to streamline installation.

July 28, 2015
Business, Fuel

Diesel Average Sheds 5.9¢ in 9th Straight Decline; $2.723 Is Lowest Price in Six Years

Diesel’s national average price tumbled to its lowest point since 2009 this week, falling 5.9 cents to $2.723 per gallon, according to the July 27 report from the Department of Energy. Gas also fell 5.7 cents.

July 28, 2015
Business

DTNA Declines to Participate in Navistar’s Fuel-Economy Challenge

YOUNTVILLE, Calif. — An executive with Daimler Trucks North America said the company does not plan to participate in the industrywide fuel-economy challenge issued by Navistar Inc. earlier this month.

Neil Abt | Editorial Director
July 28, 2015
Business

Roadrunner Buys Stagecoach to Boost Cross-Border Service

Roadrunner Transportation Systems Inc. announced the acquisition of Stagecoach Cartage and Distribution, a cross-border logistics specialist, for at least $35 million to expand the buyer’s U.S.-Mexico services.

Rip Watson | Special to Transport Topics
July 28, 2015
Government, Business

GM Launches Diesel-Powered Midsize Pickups

General Motors Co. announced the availability of diesel-powered versions of its Chevrolet Colorado and GMC Canyon midsize pickup trucks. 

July 28, 2015
Business

Paccar Reports Record Earnings in 2Q

Paccar Inc. reported a record profit in the second quarter as truck sales continued to rise in North America and Europe.

July 28, 2015
Business

Daimler Pushes Ahead With Talks to Return to Iran Truck Market

Daimler AG is exploring a return to Iran with its trucks, vans and buses and may team with Iran Khodro Co., the biggest auto producer in the oil-rich country, as western companies seek to benefit from the end of economic sanctions.

July 28, 2015