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.
Uber Hires Former NTSB Chairman Christopher Hart as Adviser in Midst of Crash Inquiry
Uber Technologies Inc., whose self-driving car program is reeling from a fatal collision with a pedestrian, has hired former National Transportation Safety Board Chairman Christopher Hart to advise the company.
May 7, 2018Intermodal Volumes See Solid Gains in First Quarter
Intermodal volumes rose 7.2% in the first quarter compared with the same period a year ago, the best gain since the second quarter of 2014, according to the Intermodal Association of North America.
Convoy Adds Instant Bidding Feature to Mobile App
Digital freight broker Convoy announced instant bidding, a new feature that lets carriers name their price for the load they want to haul.
May 7, 2018Port of New Orleans Looks Ahead to a Decade of Growth in Cargo, Cruise Businesses
As it charts a course for at least the next decade, the Port of New Orleans is weighing nearly $2 billion worth of potential projects to support its growing cargo, rail, cruise ship and industrial real estate businesses.
VTNA Offers Online Customization of VNR, VNL Models
Volvo Trucks North America has made available an online configurator tool for customizing eight new models in its VNR and VNL series.
May 7, 2018PepsiCo to Add Stemco’s Fuel-Efficiency Devices
Stemco Products Inc. announced that PepsiCo Inc. will update 1,600 of its trailers with the company’s TrailerTail and EcoSkirt products to support its corporate sustainability targets.
May 7, 2018Agility Develops Storage Systems for Hydrogen-Fuel Trucks
Agility Fuel Solutions announced the availability and ongoing development of large-capacity ProCab H hydrogen storage systems for commercial trucks.
May 7, 2018Blackstone to Acquire Gramercy Property in $7.6 Billion Deal
Blackstone Group agreed to acquire Gramercy Property Trust, which owns industrial real estate in the United States and Europe, in a cash deal valued at $7.6 billion.
Meritor Selects UQM to Supply Electric Axles
Electric motor manufacturer UQM Technologies Inc. announced Meritor Inc. has chosen the company to supply its development and production plans for the 14Xe electric axle product line.
May 7, 2018Great Dane, Decisiv Partner on Service Relationship Management
Great Dane announced a partnership with Decisiv, which develops service relationship management cloud-based technology, to improve how the trailer maker’s nationwide service, repair and maintenance network communicates and collaborates.
May 7, 2018