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.
Communication, Teamwork Necessary to Adopt Autonomous Technology, Experts Say at TRB
WASHINGTON — Cooperation from both private sector and federal partners can ease the process for states that are in the midst of adopting automated technology, according to Washington State Transportation Secretary Roger Millar.
Greenbrier Reports Lower 1Q Net Income, Higher Revenue as Orders Soar Nearly 70%
The Greenbrier Cos. reported lower net income and higher revenue for its fiscal 2019 first quarter amid strong orders for double-stack intermodal units, tank cars and heavy-duty flat cars.
Motorcar Parts of America Acquires Dixie Electric
Motorcar Parts of America Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts, has acquired heavy-duty rotating electrical products company Dixie Electric, according to a Jan. 10 press release.
January 14, 2019TForce Announces Enhanced Technology Platforms
TFI International Inc. subsidiary TForce has created new software and systems to cover the entire third-party logistics process from demand creation through delivery and carrier/driver settlement, according to a TForce statement.
January 14, 2019Lesher NationaLease Acquires Advantage Truck Leasing
Lesher Leasing Inc., a truck leasing company doing business as NationaLease, announced it has bought Advantage Truck Leasing, according to a company release.
January 14, 2019Britton Transport Acquires Ace Logistics, C&C Realty
Britton Transport, a cross-border transport and logistics operator, has made two acquisitions related to refrigerated hauling.
January 14, 2019Growth in Same-Day Delivery Set to Explode, Experts Say
WASHINGTON — Time-sensitive delivery is here to stay, and that will change methods of freight movement, said one expert speaking at the Transportation Research Board’s annual meeting.
Experts Discuss Recommendations, Research Related to Accelerated Bridge Construction
WASHINGTON — Proactive planning and effective collaboration with partners are two tips for success for agencies embarking on accelerated bridge construction (ABC) projects, according to two experts from the engineering services firm WSP.
Urban Planners Confront Challenges of Final-Mile Freight Delivery
Speakers at a session titled “Identifying Research Priorities in Last-Mile Delivery for 2019 and Beyond” addressed the challenges of urban freight, especially in the final mile of the commercial journey.
Cathy Gautreaux Leaving FMCSA for NHTSA
Cathy Gautreaux, deputy administrator for the Federal Motor Carrier Safety Administration, will be leaving the agency, an agency spokesman confirmed.
January 11, 2019