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.
Bulk Food Haulers Cliff Viessman Inc., Johnsrud Transport to Merge
The owners of two long-established trucking companies specializing in food-grade transportation services — Cliff Viessman Inc. in Gary, S.D., and Johnsrud Transport Inc. in Des Moines, Iowa — have agreed to merge their businesses.
XPO Logistics to Use 5,000 Robots in Warehouses
XPO Logistics said it plans to deploy 5,000 robots to work with humans in the company’s warehouses and distribution centers in North America, the United Kingdom and eight countries in Europe.
Paragon Software Opens New Hampshire Office
Vehicle routing and scheduling optimization provider Paragon Software Systems has opened an office in Manchester, N.H.
October 9, 2018Centurion Auto Logistics Adds Trucks, Technology to Its Fleet
Centurion Auto Logistics is expanding its fleet with the purchase of 23 new tractor-trailer units and the addition of technology to help drivers manage information about vehicle deliveries.
October 9, 2018Ritchie Bros. Unveils New SaaS Program
Ritchie Bros., a global asset management and multichannel disposition company, has introduced a new cloud-based Software-as-a-Service program that allows users to access an inventory management system, data analytics and dashboards, branded e-commerce sites and multiple external sales channels from any internet-enabled device.
TEC Equipment Breaks Ground on New Oregon Dealership
TEC Equipment, a truck and trailer dealership located in Washington, Oregon, California, Nevada and Arizona, announced Oct. 3 it was breaking ground on a new branch in Redmond, Ore.
October 9, 2018Capitol Agenda for the Week of Oct. 8: Federal Funding for Roads on Tribal Lands
A funding opportunity of $300 million for the building and repairing of surface transportation at tribal and federal lands has been made available, the U.S. Department of Transportation announced Oct. 3. Here's a look at the week ahead for trucking on Capitol Hill.
Musk Takes Swipe at SEC After Fraud Settlement
SAN FRANCISCO — Elon Musk is taunting the government regulators who threatened to oust him as CEO of electric carmaker Tesla just days after he settled a case alleging he duped investors.
Payrolls, Wages Cool While Unemployment Rate Hits 48-Year Low
While unemployment fell more than forecast in September to 3.7%, the lowest since December 1969, average hourly earnings climbed 2.8% from a year earlier, slowing as projected from a 2.9% advance the prior month.
Record Imports Push US Trade Gap to $53.2 Billion in August
WASHINGTON — Record imports drove the U.S. trade deficit up for the third straight month in August.