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.
C.H. Robinson Increases Quarterly Dividend
Logistics services provider C.H. Robinson Worldwide Inc. announced its board of directors increased its regular quarterly cash dividend to 51 cents per share from 50 cents per share, payable Dec. 31 to shareholders of record on Dec. 16.
December 9, 2019DTNA Adds New Online Configurator Tool
Daimler Trucks North America announced a new online configurator tool intended to make spec’ing the Freightliner M2 106 medium-duty truck easier.
December 9, 2019FleetSharp, Asset IQ Partner to Track Equipment
FleetSharp GPS Tracking, a provider of GPS fleet management tools and asset trackers, has partnered with Asset IQ Financial Services to provide a new way for financial institutions to save time and money when keeping track of assets.
December 9, 2019Yokohama Unveils 114R Ultra Wide-Base Tire
Yokohama Tire Corp.’s latest regional-haul trailer tire, the 114R Ultra Wide-Base, is ready for sale, according to a Dec. 5 news release.
December 9, 2019Roadrunner Sells Flatbed Operation
Roadrunner Transportation Systems Inc. announced the sale of its flatbed business unit for $30 million in cash, subject to customary purchase price and working capital adjustments.
December 9, 2019SEO: Give Your Company a Fighting Chance
While the challenge of ensuring that your trucking website is search engine optimized can feel daunting, getting your hands around SEO basics may be easier than you think.
Celadon Files for Bankruptcy, Shuts Down
Celadon Group Inc. is filing for bankruptcy and shutting down immediately amid falling freight rates and the effects of penalties levied by the U.S. Department of Justice for settlement of securities fraud charges brought against prior management.
Steel Rules for Cars Stall Progress on USMCA Agreement
The rules governing the use of steel and aluminum in cars have emerged as the latest obstacle to completing a revised NAFTA deal between the U.S., Mexico and Canada in time for congressional approval by year’s end.
December 6, 2019Some Fleets Reluctant to Add Driver-Facing Cameras
The use of onboard video technology is increasing in the trucking industry, but many fleets remain reluctant to add driver-facing cameras due to concerns over privacy and driver recruitment and retention.
The Dawn of Electric Trucks
The introduction of electric-powered commercial trucks continued to gain momentum in 2019 with more investment, more prototypes unveiled and more deployments in real-world freight operations. Read our Special Report.