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.
Strick Adds VoMac to Dealer Network
Strick Trailers announced VoMac Truck Sales & Services Inc. has joined its dealership network.
December 2, 2019Kenworth 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, 2019Flexport 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, 2019US 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.
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, 20193PL 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.
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.
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, 2019Analysis: US Railroad System Is Great for Freight
The U.S. freight rail system is arguably the best and most efficient in the world.
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