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.
NACFE Expands Focus to Include Future Technologies
ATLANTA — The North American Council for Freight Efficiency announced an expanded organizational strategy, including an updated brand identity and website, as it seeks to guide the development and eventual implementation of future technologies.
Canadian National Replaces its CEO Amid Service Delays
Railroad giant Canadian National Railway has abruptly replaced CEO Luc Jobin, saying it needed a leader who would “energize the team,” and named Jean-Jacques Ruest as interim president and CEO.
Trac Upgrades Equipment at Four Gulf Ports
Trac Intermodal, a provider of intermodal marine equipment, has expanded and updated its chassis fleet in the ports of Houston, Mobile, Ala., New Orleans and El Paso, Texas.
March 5, 2018FlowBelow Systems an Option for Strick Trailers, International Trucks
ATLANTA — FlowBelow Aero Inc.’s quick-release wheel covers and Trailer AeroSlider system will be a factory-installed option on Strick Trailers, the company announced at the Technology & Maintenance Council Annual Meeting March 4.
Nearly 5,000 Cargo Thefts in Europe, Middle East, Africa in 2017
There were 4,485 cargo theft incidents in the Europe, Middle East and Africa region in 2017, according to SensiGuard’s Supply Chain Intelligence Center report.
South Carolina Ports Grow Volume, Prep for Larger Vessels
South Carolina Ports Authority reported a 1.8% gain in container volume growth in the first half of its fiscal 2018 year and announced the arrival of two new cranes just as it begins to deepen Charleston Harbor.
March 5, 2018Humax Invests in FleetUp, Names its CEO
Korean digital set-top box company Humax led an investment round of $20 million into FleetUp and named one of its top executives the new leader of the electronic logging device provider.
March 5, 2018Forward Air Chooses TCG’s Pricing Program
Less-than-truckload giant Forward Air decided to go with an outside provider as it upgraded its cost-analysis system for determining pricing, licensing the LTL Cost Information System from Transportation Costing Group.
March 5, 2018Trump Sends Mixed Signals on Steel Tariffs, Canada, Mexico and NAFTA
President Trump suggested March 5 he may end steel tariffs on Mexico and Canada if they give him better trade terms while re-negotiating the North American Free Trade Agreement.
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March 5, 2018