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.
SAF-Holland Adds to Customer Services With New Digital Catalog
GRAPEVINE, Texas — SAF-Holland will relaunch its aftermarket parts-on-demand electronic catalog in a more comprehensive and user-friendly digital format, POD Plus. The company said the new catalog would be available to all of its distribution channel in the second quarter, calling it another step in SAF-Holland’s digital transformation.
Moving Manatees, Elephants and Pandas Requires Careful Planning, Preparation
DHL Express, FedEx and other companies specialize in arranging transportation for large animals, including manatees, pandas and elephants.
Volvo Counting on Hybrid Cars to Pay Hefty CO2 Fines
Volvo Car AB is counting on tripling sales of plug-in hybrid models this year as a way to avoid paying what could amount to hundreds of millions of euros in European penalties for the sale of its more polluting yet popular combustion-engine SUVs.
Walmart Asks Appeals Court to Reconsider Decision to Award Drivers Back Pay
Attorneys for Walmart Inc. have asked the 9th U.S. Circuit Court of Appeals to reconsider its ruling that affirmed a district court’s judgment that the company must pay a court-certified class of its California truck drivers more than $54 million in back pay mostly for layovers, but also some rest breaks and pre-trip and post-trip inspections.
Celadon Reaches Deal to Sell Taylor Express for $14.5 Million
An agreement has been reached to sell the last remaining operating trucking company, Taylor Express, that is part of the now-bankrupt Celadon Group of Indianapolis.
A. Duie Pyle Launches TSA-Cleared Airfreight Service
Diversified motor carrier A. Duie Pyle Inc. announced a Transportation Security Administration-compliant export service designed to move international airfreight directly from point of origin to the export location.
January 24, 2020Marten Transport Q4 Net Income Stable as Company Reports Record Year
Marten Transport Ltd. reported net income for the fourth quarter ended Dec. 31 was the same as it was for the comparable quarter in 2018: $15.7 million.
Pilot Flying J Changes Corporate Name, Expands Into Energy Market
America’s largest truck-stop company is rebranding as it grows its market share in both retail fuel and energy divisions.
Secretary Elaine Chao Touts Proposed Update to Environmental Review Process
The Trump administration’s aim of further streamlining the environmental review process would help advance certain infrastructure projects, Transportation Secretary Elaine Chao said Jan. 22.
TEC Equipment Announces New Oregon Dealership
TEC Equipment announced the opening of a truck and trailer dealership in Redmond, Ore., on Jan. 20.
January 24, 2020