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.
Daimler CFO Bodo Uebber Opts to Leave in Wake of Restructuring
Daimler AG Chief Financial Officer Bodo Uebber’s decision to leave the maker of Mercedes-Benz luxury cars marks the first top-level departure after the German manufacturer picked Ola Kallenius as CEO starting next year.
Webasto, Espar Settle Class-Action Lawsuit Over Parking Heaters
Two settlements worth up to $15 million have been reached with Webasto and Espar in a class-action lawsuit over aftermarket parking heaters, the U.S. District Court for the Eastern District of New York announced.
October 9, 2018Love’s Offers Private Label DEF in Consumer Packaging
Love’s Travel Stops now offers its own private-label diesel exhaust fluid in a 2½-gallon container for auto diesel customers and professional truck drivers.
October 9, 2018Smith Transport Named Walmart Distribution Center On-Site Provider
Diversified carrier Smith Transport Inc. announced it has been selected as the on-site transportation provider for the Walmart Inc. distribution center in Bedford, Pa.
October 9, 2018Amware Acquires Iron Mountain Fulfillment Services
Amware Fulfillment said it has acquired the fulfillment services unit of Iron Mountain Inc., a move that gives Lawrenceville, Ga.-based Amware a total of 15 fulfillment centers in the United States plus new capabilities for creating and distributing printed and promotional materials.
October 9, 2018Natso Launches Management Service Tied to Renewable Fuels Standard
Natso, the national association representing the travel plaza and truck stop industry, and its newly launched Alternative Fuels Council initiated a renewable identification numbers management service Oct. 1.
October 9, 2018Fuse5 Partners With Launch Deck on Software Development
Fuse5 Automotive Software, which provides business management solutions for the automotive aftermarket, announced it has secured a partnership with software development firm Launch Deck.
October 9, 2018Pac-Van Acquires Assets of Instant Storage
Pac-Van Inc. added more than 2,200 portable storage containers, storage trailers and office containers to its rental inventory with the purchase of assets from Instant Storage in Bakersfield, Calif., and Miami.
October 9, 2018RK Logistics Opens Freight Brokerage Division
RK Logistics Group, a supply chain services firm based in California’s Silicon Valley region, has added freight brokerage to its service offerings. The company is setting up a new division to operate as an independent agent of Mode Transportation, a Dallas-based multimodal brokerage firm recently spun off from Hub Group.
October 9, 2018N.J. Bank Acquires California-based Fleet Financing Resources
New Jersey-based Marlin Business Services Corp. said it acquired Fleet Financing Resources, a specialty lender focused on financing transportation equipment based in Riverside, Calif.
October 9, 2018