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.
TransForce Group Acquires American Driver Network
The TransForce Group, a transportation workforce solutions provider, has acquired American Driver Network, which provides a driver-specific network of websites, job boards, job postings and affiliate employment websites.
February 19, 2019Timber Investments Acquires 51% Interest in Columbia Containers
Timber Investments Ltd. said it has completed the purchase of a 51% interest in Columbia Containers Ltd. from Providence Grain Group, which will retain 49% ownership.
February 19, 2019FHWA Grants Will Support User Fee Projects in States
The Federal Highway Administration has awarded over $10 million to states that are testing alternative methods to fund highway and bridge projects.
Letter: The UIIA and Street Turn Fees
Several ocean carriers recently began charging new fees to motor carriers for engaging in “street turn” activities. Unfortunately, trade press reports on the subject reflect some misunderstandings about the Uniform Intermodal Interchange and Facilities Access Agreement, or UIIA, and the role of the Intermodal Association of North America. I am writing to clear up this confusion for the benefit of the intermodal industry.
February 19, 2019Montreal Firm FLS Transportation Services Acquires Scott Logistics
FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.
February 15, 2019FedEx Names Raj Subramaniam New President, COO
FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.
Trucking Companies Question Pennsylvania Travel Ban Citations
DUNMORE, Pa. — State police issued more than 800 citations statewide to drivers violating the commercial vehicle ban during the Feb. 12 winter storm. Troopers say they were strongly enforcing the ban as a way to prevent crashes and keep highways clear.
Cooper Expands Commercial Tire Lineup
Cooper Tire added the Roadmaster RM351 HD tire to its commercial tire lineup.
February 15, 2019Samsara Offers New Dash Camera, Invests in Artificial Intelligence
Samsara, a San Francisco-based tech firm that is developing internet-connected sensors to monitor mobile assets, has unveiled a dash camera that uses artificial intelligence to identify dangerous driving behaviors.
February 15, 2019Battery Maker ZAF Energy Systems Gets Investment From Wirtz Manufacturing
ZAF Energy Systems Inc., a developer of next-generation battery technology, has received investment capital from Wirtz Manufacturing, a global company specializing in equipment design and technology for the lead-acid battery market, according to a ZAF statement.
February 15, 2019