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.
Kenworth, Peterbilt Showcase Model Improvements, Predict Higher Sales
LOUISVILLE, Ky. — The two North American truck makers of Paccar Inc. showed off their improvements in fuel efficiency and driver information technology, and predicted improving Class 8 sales this year.
Jobless Claims Decline to Four-Month Low
Applications for U.S. unemployment benefits declined last week to an almost four-month low, a sign companies are confident in the outlook for demand.
March 27, 2014Amp Trillium Opens CNG Station in Perry, Ga.
Amp Trillium opened its first CNG public fueling station in Perry, Ga., built to serve Frito-Lay’s heavy-duty Class 8 tractor-trailers.
March 27, 2014Dana Unveils Lighter Weight Axles
LOUISVILLE, Ky. — Dana Holding Corp. introduced several new products, including lighter weight steer axles and new tandem axles designed to match higher torque output from engines that run at slower revolutions per minute to save fuel.
Heil Plans to Re-Enter Stainless-Steel Trailer Market
LOUISVILLE, Ky. — Heil Trailer International announced plans to re-enter the market for stainless steel tank trailers as part of an effort to expand and diversify the market for the company’s products.
Cummins Says Advancements Save $4,000 Per Truck
LOUISVILLE, Ky. — Cummins Inc. officials, speaking as the Mid-America Trucking Show opens here, emphasized engine-related fuel efficiency gains that can save $4,000 per truck annually and stimulate increased business in the improving 2014 trucking market.
Continental Adds New Tire Offerings as Markets Evolve
LOUISVILLE, Ky. — Continental Tire is unveiling three new tires at the Mid-America Trucking Show in response to changing transportation trends, including more urban transport, increased world trade and expected infrastructure construction from government programs, the company’s top U.S. tire executive said.
VDO RoadLog Adds New Offerings
LOUISVILLE, Ky. — Jeff Waterstreet, sales manager for Continental’s VDO RoadLog outlined a series of new offerings for the currently available electronic logging device and multiple enhancements to be rolled out later this year.
Hankook Launches New Tire Line
LOUISVILLE, Ky. — Hankook Tire said it is launching a tire line in six sizes for the longhaul and regional drive trucking markets.
Wabco, SmartDrive Set Alliance
LOUISVILLE, Ky. — Wabco Holdings announced an alliance with SmartDrive Systems to track driver performance and provide analysis of video recordings to help better train truck drivers and reduce crashes.