Business

About 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.

Business, Equipment

Strick Adds VoMac to Dealer Network

Strick Trailers announced VoMac Truck Sales & Services Inc. has joined its dealership network.

December 2, 2019
Business, Equipment

Kenworth Ontario Relocates Peterborough Facility

Kenworth Ontario-Peterborough has relocated its full-service dealership to a newly constructed facility to enhance customer support, the company announced in a Nov. 25 news release.

December 2, 2019
Business, Technology

Flexport Expands Into Canada With Vancouver Office

Flexport, a freight forwarding service, opened an office in Vancouver, British Columbia, as the company expanded into Canada, according to a Flexport blog post.

December 2, 2019
Government, Business

US Manufacturing Contracts for Fourth Straight Month

Manufacturing activity contracted in November, the fourth straight month of contraction, according to a monthly survey of executives released Dec. 2 by the Institute for Supply Management.

Jim Stinson | Staff Reporter
December 2, 2019
Business, Technology, Equipment, Safety

P.S.I. Extends Warranty in Combination With SKF

Pressure Systems International announced it extended the parts coverage warranty on its automatic tire inflation system by two years when the system is used in combination with SKF’s Trouble-Free Operation system.

December 2, 2019
Business, Logistics, Top 50, TCA

3PL Giant Kenco Offers Residential Delivery

Logistics giant Kenco has started offering “white glove” home delivery of merchandise for some of its business customers in five areas of the country, including Chattanooga, Tenn., with plans to expand the service.

Mike Pare | Chattanooga (Tenn.) Times Free Press
December 2, 2019
Government, Business, Fuel

OPEC+ Gambles That US Shale’s Golden Age Is Over

When the Organization of Petroleum Exporting Countries meets this week, ministers will discuss whether to extend their current output target, because they believe relentless U.S. oil production growth will slow rapidly next year.

Javier Blas | Bloomberg News
December 2, 2019
Business, Logistics

Peter Levesque Appointed President of Ports America

Beginning in February, there will be a new president of Ports America, the largest marine terminal operator and stevedore in North America.

December 2, 2019
Government, Business, Technology

Analysis: US Railroad System Is Great for Freight

The U.S. freight rail system is arguably the best and most efficient in the world.

Justin Fox | Bloomberg News
December 2, 2019
Business, Technology, Logistics

SAS Cargo Partners With WebCargo

SAS Cargo will partner with WebCargo, a Freightos Group Co., to provide freight forwarders a digital air cargo service with fully digital live rates, capacity and e-booking, the companies said in a Nov. 26 news release.

December 2, 2019