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.
TravelCenters of America Names Jonathan Pertchik CEO
TravelCenters of America Inc. appointed Jonathan Pertchik CEO effective immediately.
December 16, 2019Georgia DOT, Partners Sign Pact to Streamline Construction Projects
Georgia Department of Transportation leaders signed an agreement with other agencies, including the Federal Highway Administration, to streamline environmental procedures for highway construction projects.
DAT Solutions Names Ken Adamo Chief of Analytics
DAT Solutions appointed Ken Adamo chief of analytics, effective immediately.
December 16, 2019Deal on Biodiesel, Railroads Credits Hinges on Broader Tax Package
Congressional leaders are close to a deal that would extend a slew of expired incentives for biodiesel, alcoholic beverages and short-line railroads, though it could depend on completing a broader tax compromise in time to add the provisions to a must-pass spending bill.
December 16, 2019Mesilla Valley Transportation to Use VeloCare for Technology Deployment
Mesilla Valley Transportation will begin using VeloCare, a technology-monitoring and repair service by Velociti Inc.
December 16, 2019Forward Air to Acquire Linn Star for $57.2 Million
Forward Air Corp. will acquire Linn Star Holdings Inc., Linn Star Transfer Inc. and Linn Star Logistics, a privately held final-mile provider, for $57.2 million, according to a Forward Air news release Dec. 12.
Trailer Orders Fall Amid Concerns Over 2020
FTR reported preliminary net U.S. trailer orders for November dropped to 20,200 as fleets are becoming more cautious about freight conditions in 2020.
December 16, 2019Lytx Changes Name of Compliance Service
Lytx, a global provider of machine vision and artificial intelligence-powered video telematics for commercial, public sector and field-service fleets, will rename its Rair Compliance Services offering to Lytx Compliance Services, according to a Dec. 12 news release.
December 16, 2019Germany Set to Agree to Higher CO2 Price for Transport, Heating
Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.
December 16, 2019Design Firm Adds Car-Haul Options
Ernest Dandridge Carrier Design Services Inc. announced it added electrification options to its adjustable enclosed car-hauling equipment, RAD/Auto Transport Modules, for use in vans from Kentucky Trailer.
December 16, 2019