Independent engine maker Cummins Inc. supplied the most Class 8 diesel engines overall in 2018, and set a record for its heavier-displacement units used in one of the strongest years on record for new truck demand, WardsAuto.com reported.
February 7, 2019Business
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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, Fuel
A Cummins engine. (Cummins Inc.)
Cummins Top Overall Supplier of Class 8 Diesel Engines in 2018
A Cummins engine. (Cummins Inc.)
Transport Topics Podcasts
Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 2 of our Season Intersession of RoadSigns, "Is Trucking Charging Toward an Electric Reality?" is now available. Check back here often as new content is always being added!
January 3, 2019
Government, Business, Technology, Equipment
Shannon VanRaes/Bloomberg News
Polar Vortex Exposed Range Limitations of Electric Car Batteries, AAA Says
Shannon VanRaes/Bloomberg News
DETROIT — Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40% when interior heaters are used, a new study found.
February 7, 2019
Government, Business, Technology, Safety, Autonomous
UPS Freight President Rich McArdle. (House Committee on Transportation & Infrastructure via YouTube)
Infrastructure Stakeholders to Congress: Fix the Highway Trust Fund
UPS Freight President Rich McArdle. (House Committee on Transportation & Infrastructure via YouTube)
Nearly a dozen stakeholders representing local governments and the freight and commuter sectors on Feb. 7 urged a House transportation panel to identify a sustainable source of funding for an infrastructure bill.
February 7, 2019
Business, Technology
Brixey & Meyer Capital Acquires CityDash
Investment firm Brixey & Meyer Capital announced it has acquired CityDash, a company based in Cincinnati that offers local and regional delivery services for packages and freight.
February 7, 2019
Business, Logistics
An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)
Americold Acquires PortFresh Warehouse, Plans Port of Savannah Expansion
An Americold cold-storage warehouse. The $35 million acquisition of PortFresh will increase Americold's footprint at the Port of Savannah in Georgia. (Americold)
Cold storage warehouse operator Americold acquired PortFresh Holdings in Savannah, Ga., and said it will build a 15 million-square-foot cold storage facility on an adjacent site as part of a move to increase the firm’s share of the market for food imports and exports at the Port of Savannah.
February 7, 2019
Government, Business, Logistics
Ruhani Kaur/Bloomberg News
Amazon Cuts Deal to Unfreeze Suspended Product Listings in India
Ruhani Kaur/Bloomberg News
Amazon.com resurrected thousands of suspended product listings in India by selling much of its stake in top local venture partner Cloudtail, a hastily arranged deal intended to comply with stringent new e-commerce regulations that upended the market.
February 7, 2019
Business
Carsten Snejbjerg/Bloomberg News
DSV Says Takeover Goal ‘Not Dead’ as Panalpina Speculation Grows
Carsten Snejbjerg/Bloomberg News
DSV A/S, one of the world’s biggest freight forwarding companies, will pursue a plan to take over Panalpina even after the Swiss company’s biggest shareholder made clear it’s opposed to the tie-up.
February 7, 2019
Business, Logistics
Rolls of steel (Cole Burston/Associated Press)
Steel Expected to Struggle on China Tariffs
Rolls of steel (Cole Burston/Associated Press)
After two years of bumper profits, the steel industry is entering a slowdown. ArcelorMittal, as well as smaller European producers like Salzgitter AG and Voestalpine AG, are sounding the alarm about weakening conditions, particularly in China. The country, which uses about half of the world’s steel, is now expected to see a drop in demand, the first contraction since 2015.
February 7, 2019
Business, Logistics, Top 100
Mullen Trucking Corp.
Mullen Group Takes Hit From Downturn in Oil Field Services
Mullen Trucking Corp.
Mullen Group reported higher revenue and profits in the fourth quarter of 2018 despite a “market meltdown” caused by falling oil prices that curtailed demand for transportation services as the year ended.
February 7, 2019
Government, Business, Logistics, TCA
Gene J. Puskar/Associated Press
Port Authority in Pittsburgh Seeks $3 Million From Norfolk Southern for Derailment Costs
Gene J. Puskar/Associated Press
The Port Authority of Allegheny County in Pennsylvania is asking Norfolk Southern Corp. for $3 million to reimburse costs incurred during the August derailment at Station Square that disrupted light rail traffic for nearly three weeks.
February 7, 2019Pages
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