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.
2018 TMC
Photos from the 2018 Technology & Maintenance Council annual meeting at the Georgia World Congress Center in Atlanta, March 4-8, 2018.
February 20, 2018American Idol Winner Taylor Hicks to Perform at Grand Opening of Alabama Intermodal Facility
Alabama native Taylor Hicks will perform at the grand opening celebration of the Birmingham Intermodal Facility downtown.
For First Half of 2018, Port of Virginia Volume Growth Projected to Be Strong
The Port of Virginia’s import-container business for the first half of 2018, compared with the same period last year, is projected to outpace that of the nation’s major retail container ports overall, according to the Washington, D.C.-based National Retail Federation, the world’s largest trade group, and Hackett Associates, a consulting firm.
Morgan Truck Body to Open $19 Million Connecticut Factory
The Connecticut Bond Commission on Feb. 16 approved a $4 million loan to Morgan Truck Body, which builds dry freight and refrigerated truck bodies for companies throughout the country. The company plans to construct a $19 million manufacturing plant that is expected to create more than 100 new jobs, according to bond commission minutes.
Steamship Line Hapag-Lloyd Raises Fees
Steamship line Hapag-Lloyd will increase fees to transport freight to the United States and cross-border freight from Canada. Cargo between Canada and the United States will be subject to a carbon tax.
February 20, 2018World’s Biggest Container Liner Looks for Deals Outside Shipping
The world’s largest container company will start looking for takeover targets outside the shipping industry as it tries to pre-empt a new competitive landscape in which customers are morphing into rivals.
February 20, 2018SAIA increases fleet reliability with On-Demand Maintenance
To stay in top shape, your fleet needs to be well maintained. But that in itself can pose challenges – from managing several local providers to paying inconsistent rates and not being able to get your truck in the shop at a moment’s notice.
February 20, 2018Commodities Shipper Seeks $150 Million to Start Digital Coin
The shipping agency that struck the first freight deal settled in Bitcoin is now seeking $150 million to launch its own cryptocurrency.
CSX Sells Stake in Hotel Property
CSX Corp. sold its stake in the Westin Savannah Harbor Golf and Spa for $77 million, according to the railroad company.
February 20, 2018Miami Airport Expands Free Trade Zone Magnet Site
Miami International Airport has been designated a foreign trade zone magnet site by the U.S. Department of Commerce.
February 20, 2018