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.
Regency Transportation Agrees to Acquire Sweeney
Regency Transportation, a family-owned dry van truckload and warehousing firm based in Franklin, Mass., has agreed to purchase Sweeney Transportation in Chicopee, Mass., for an undisclosed amount.
April 2, 2018Why Fleets Should Be Looking Beyond ELD
With the ELD Mandate deadline looming, fleets are understandably focused on ensuring they’re compliant. But many fleets are planning to minimally comply – for them, ELDs will always be a cost center. For fleets taking a long-term view, however, ELDs can mean profit.
April 1, 2018Oilfield Demand for Drivers Spurs Texas College to Expand CDL Program
Odessa College in Texas is moving its truck driving program back in house after years of having a separate company train big rig operators. The demand for drivers is strong with the addition of sand mining and the continued growth in oilfield activity.
White House Economist Kevin Hassett Says Piecemeal Approach to Infrastructure Is Doable
The White House will aim to inject President Donald Trump’s infrastructure policy priorities whenever congressional leaders signal the advancement of a bill, Kevin Hassett, chairman of the Council of Economic Advisers, said March 29.
ABF Freight, Teamsters Reach Tentative Agreement
ABF Freight System and the Teamsters National Freight Industry Negotiating Committee reached a tentative contract agreement, according to a Securities and Exchange Commission filing by ArcBest Corp., the parent of ABF Freight.
March 30, 2018REST Bill Would Modify HOS to Allow Drivers One Three-Hour Break Per Shift
A bill has been introduced that would allow truck drivers to take one rest break per shift, for up to three consecutive hours on off-duty time.
HDA Truck Pride Expands Network After Two Companies Join
Aftermarket supplier HDA Truck Pride announced two companies have joined its network of parts distributors: National Auto Parts Warehouse and Dinex Emission Inc.
March 30, 2018Americold Reports Pre-IPO Results
The owner and operator of temperature-controlled warehouses Americold Realty Trust reported fourth-quarter and full-year 2017 results, reflecting the company prior to its initial public offering that was conducted this January.
March 30, 2018How Amazon Is Helping the US Postal Service, Despite What Trump Thinks
The Amazon blame game took another turn on March 29, when President Donald Trump spun the wheel back around to the U.S. Postal Service. Amazon.com Inc. is a convenient scapegoat for just about any issue. The mail is no different.
Kenworth Dealership Expands Into Toledo
Whiteford Kenworth has opened a newly renovated parts and service location in north Toledo, Ohio, on 5.5 acres.
March 30, 2018