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

John Arndt Jr., Longtime Navistar Employee, Dies at 74

John C. Arndt Jr., who for decades worked for Navistar Corp. and Penske Leasing as well as his own firm, died Jan. 12 at his home in St. Charles, Illinois. He was 74.

February 4, 2015
Business

Navistar Sets Focus on ‘Uptime’ for Customers’ Trucks

Navistar Inc. said it was planning a new mission with a focus on maximizing uptime and keeping customers’ trucks on the road.

February 4, 2015
Government, Business, Fuel

Senate Bill Would Provide Tax Equity For LNG

Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.

Michele Fuetsch | Staff Reporter
February 4, 2015
Business, Government, Autonomous

Mark Gagnon Named Board Chairman of Connecticut Trucking Group

Mark Gagnon, president of Capitol Moving and Storage of South Windsor, Connecticut, was recently installed as the chairman of the board of the Motor Transport Association of Connecticut.

Michele Fuetsch | Staff Reporter
February 4, 2015
Government, Business

FMCSA Wants to Query Carriers About Relationship of Pay to Safety

The Federal Motor Carrier Safety Administration has announced that it is seeking approval from the Office of Management and Budget to query carriers on the relationship of safety and current driver compensation practices.

Michele Fuetsch | Staff Reporter
February 4, 2015
Business

Mack Adds Heavy-Duty Transmission: mDRIVE HD

Mack Trucks has introduced a heavy-duty version of its mDRIVE automated manual transmission that is tailored to construction applications, the manufacturer announced.

February 4, 2015
Business

N.J. Court Bars Wal-Mart Driver from Tracy Morgan Civil Case

Kevin Roper, the driver of a Wal-Mart truck involved in a crash that injured comedian Tracy Morgan and killed Morgan's colleague, has been barred by a New Jersey judge from becoming part of Morgan’s civil case against the retailer.

February 4, 2015
Business

Saia Acquires Dallas Logistics Firm for $25 Million

Saia Inc. has acquired Dallas-based logistics firm LinkEx for about $25 million.

February 4, 2015
Business

Peterbilt Debuts Model 567 with Set-Forward Front Axle Configuration

Peterbilt has introduced a set-forward front-axle configuration for vocational Model 567 it says is ideal for mixer and weight-conscious applications.

February 4, 2015
Business, Technology

Drone Package Delivery Starts in China as Amazon Seeks US Test

Alibaba Group Holding is making its first trial drone deliveries in China, as e-commerce rival Amazon.com Inc. struggles to start a similar program in the U.S.

Lulu Yilun Chen | Bloomberg News
February 4, 2015