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.
Bridgestone Introduces Bandag BRSS All-Position Retread Tire
Bridgestone Americas Inc. announced its new Bandag BRSS all-position retread designed for fleets that work in on- and off-road environments.
December 10, 2018Online Holiday Shopping Expected to Logjam Delivery
Delivery companies are warning shoppers to send holiday gifts and make online purchases within the next 10 days as a record number of packages are expected to be delivered.
Renewable Energy Group Names Cynthia Warner President, CEO
Cynthia Warner has been named president and CEO of Renewable Energy Group Inc., a producer of biomass-based diesel and renewable chemicals, effective Jan. 14 when she will also join its board.
December 10, 2018October Job Openings Rise to Second Highest on Record
WASHINGTON — The number of open jobs rose in October to the second highest on record, evidence that U.S. employers remain determined to hire despite ongoing trade disputes and rocky financial markets.
TravelCenters of America Completes Sale of Convenience Stores Business
TravelCenters of America announced the completion of its previously announced sale of 225 standalone convenience stores, one standalone restaurant, five parcels of land and certain related assets for $330.8 million.
December 10, 2018Capitol Agenda for the Week of Dec. 10: Just in Time for the Holidays
Ahead of the Dec. 11 announcement of the next BUILD grant recipients, a few members of Congress have alerted the public about extra funds headed to their districts to help alleviate the cost of infrastructure projects.
Solar Power Installation by Trillium Prepares the Way for EV Charging
Trillium announced it has completed its first solar installation at the Love’s Travel Stop in Santa Nella, Calif., that is expected to offset 53% of the travel stop’s energy consumption and support an electric vehicle charging station there.
Meritor Extends Relationship With Wabash
Meritor Inc. announced products that have been selected as standard position as well as preferred options on all Wabash National Corp. dry and refrigerated van trailer products. Meritor has been a supplier to Wabash for 30 years.
December 10, 2018ASCE’s December Scorecards Reveal Cs for Montana, Nevada
Montana and Nevada, the states that the American Society of Civil Engineers assessed in December, earned overall C grades for infrastructure.
Geek+ Completes $150 Million Series B Funding Round
Geek+, an artificial intelligence and robotics company, has closed a $150 million Series B financing round, according to a Nov. 21 press release. Global private equity firm Warburg Pincus led the round.
December 10, 2018