Acquisition advisory firm Tenney Group predicts more trucking acquisitions will occur in the year ahead, continuing the robust market trend from 2021.
January 28, 2022Trucking 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.
Volvo Reports Mixed Q4 Results
Volvo Group reported net income slipped and revenue increased modestly in the fourth quarter, and noted that global demand for trucks remained high amid a steep decline in sales of construction equipment in China and a falloff in its bus business.
January 28, 2022Canadian Pacific Says Weather, KCS Merger Affected Q4 Results
Severe winter weather along part of its network and increased costs with the proposed merger of Canadian Pacific Railway with Kansas City Southern impacted fourth-quarter financial results.
January 28, 2022TMC Eyes Automated Driving Systems With New Recommended Practices
TMC has “turned a hat trick” in pursuing three goals for its development of prospective Recommended Practices (RPs) covering automated vehicles.
January 28, 2022Chevron Profit Falls Short of Forecasts Despite Oil’s Rally
Chevron Corp. posted disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take full advantage of surging energy prices.
January 28, 2022°®¶ą´«Ă˝ Depot Names Executive Ted Decker as New CEO
The °®¶ą´«Ă˝ Depot on Jan. 27 named veteran executive Edward "Ted" Decker as its new CEO.
January 28, 2022Caterpillar Pushes Through Supply Constraints in Strong Q4
Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.
January 28, 2022Routine Maintenance Keeps HVAC Units Humming
Most experts say that detecting and dealing with refrigerant leaks is the biggest challenge in regular maintenance of air conditioning systems on Class 8 tractors. For that reason, regular maintenance on the systems is critical.
January 28, 2022Bridge Collapses in Pittsburgh
PITTSBURGH — A 50-year-old bridge collapsed in Pittsburgh early Jan. 28, requiring rescuers to rappel nearly 150 feet and form a human chain to reach occupants of a bus that had plummeted with the span into a park ravine.
January 28, 2022Mack Trucks, Military Team Up to Create Combat-Ready Dump Truck
Mack Trucks Inc. is manufacturing a four-axle, heavy-duty dump truck for the U.S. Army that is offered with either a standard cab with a special, poison gas-resistant coating or a heavily armored cab.
January 28, 2022Trending
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