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, Technology

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, 2019
Business

Timber 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, 2019
Government, Business, Fuel

FHWA 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.

Eleanor Lamb | Staff Reporter
February 19, 2019
Business, Letters to the Editor

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, 2019
Business, Logistics, Top 50

Montreal 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, 2019
Business, Top 100

FedEx 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.

Joe Howard | Executive Editor
February 15, 2019
Government, Business, Safety, TCA

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.

WNEPTV | WilkesBarre Pa
February 15, 2019
Business, Equipment

Cooper Expands Commercial Tire Lineup

Cooper Tire added the Roadmaster RM351 HD tire to its commercial tire lineup.

February 15, 2019
Business, Technology, Autonomous

Samsara 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, 2019
Business, Technology, Fuel

Battery 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