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.
AIT Worldwide Logistics Acquires WorldFresh Express
AIT Worldwide Logistics acquired WorldFresh Express, a Los Angeles-based freight forwarder that handles perishable food products, in a deal completed Oct. 17.
October 19, 2018US Home Sales Fell in September to Slowest Pace in Three Years
WASHINGTON — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.
Basin Commerce Launches New Workflow Program
Bulk freight software solutions provider Basin Commerce unveiled Conduit, its new quoting and management workflow platform.
October 19, 2018New Interstate Interchange Opens in Louisiana
Louisiana officials recently celebrated the completion of a project linking two interstate highways in the northern part of the state. The Interstate 49 North project in Shreveport creates an interchange with I-220.
SunteckTTS Acquires HA Logistics
Logistics provider SunteckTTS announced this week that it had acquired HA Logistics, a freight brokerage and logistics company with full-service sales and support operations in California, Ohio, Texas and Washington.
October 19, 2018Editorial: Let’s Be Careful Out There
A character on the 1980s television police drama “Hill Street Blues” had a great catchphrase: “Let’s Be Careful Out There.” They’re also words that ring true today for those who make their living traveling the highways.
October 18, 2018Sygic Introduces Real-Time Driver Behavior Analysis
Sygic, a Slovakia-based mobile navigation company, has unveiled a new driver behavior algorithm designed to motivate drivers to act safer behind the wheel.
October 18, 2018Werner Enterprises Posts Double-Digit Gains in Revenue, Profits in 3Q
Werner Enterprises posted double-digit gains in revenue and profits in the third quarter as demand for the company’s one-way truckload freight hauling services was “stronger than normal” and shippers paid higher rates.
Despite NAFTA Worries, Truck Traffic Into US From Mexico on Texas Bridge Hasn’t Slowed
PHARR, Texas — Despite the South Texas trade community’s concern a year ago about the future of free trade with Mexico, 643,313 trucks crossed northbound over the Pharr-Reynosa International Bridge over the last 12 months, an increase of nearly 37,000 from the previous year.
Trucking to Turn More to Alternative Fuels, Experts Say
INDIANAPOLIS — Sales of Class 8 natural gas fueled trucks are rising, grants and incentives for using alternative fuels are expanding and more related regulations are coming as major shippers pursue environmental sustainability, experts said at an industry forum here.