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.
Tesla Fills Elon Musk’s Chairman Role With Board Member Robyn Denholm
Tesla Inc. appointed a director who’s been on its board for years to replace Elon Musk as chairman, stirring suspicion as to whether the mercurial CEO will be restrained after costly run-ins with securities regulators.
Rolling Strong Announces Partnership with eTrueNorth
Rolling Strong, which provides driver wellness programs for transportation companies, their drivers and owner-operators, announced a partnership with the eTrueNorth network of local pharmacies.
November 8, 2018Freight Brokers, 3PLs Must Embrace Technology or Face Disruption, Experts Say
TUCSON, Ariz. — Rapid advances in technology and an infusion of venture capital are fueling innovation that is transforming the freight transportation industry.
Seldat Opens Two New Warehouses in Canada
Seldat, a supply chain services and technology solutions company, announced Oct. 23 that it had opened two warehouses in Canada.
November 8, 2018RhodeWorks Creator Gina Raimondo Re-elected Governor
Rhode Island Gov. Gina Raimondo, architect of the controversial RhodeWorks program that includes trucks-only tolls, clinched a second term.
California Trucking Group Sues State Over Contractor Test
The California Trucking Association and two independent owner-operators are suing California over the state’s test to determine if a driver is an employee or a contractor.
Roar Logistics Changes Designs for Buffalo Headquarters
Roar Logistics is redesigning its planned headquarters on Exchange Street in Buffalo, N.Y., after a surprise discovery limited the amount of land available for the new building.
Growing Logistics Startup FourKites Moving to Larger Office
Shipping logistics startup FourKites is moving its office to the West Loop Gate neighborhood of Chicago, having outgrown its space in the Loop.
Walmart Narrows Gap, but Amazon Prices Still Cheaper, Study Finds
Walmart Inc. is narrowing the online price gap with low-cost leader Amazon.com and is beating the world’s biggest e-commerce company on prices for baby products, according to a new study.
Consumers Were Upbeat on Economy Leading Up to Elections
Americans’ sentiment rose in the week leading up to the midterm congressional elections as gauges of views on the economy and household finances each jumped to 17-year highs, the Bloomberg Consumer Comfort Index showed Nov. 8.
November 8, 2018