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.
Elaine Chao to Headline AASHTO Meeting, Senate Hearing
Transportation Secretary Elaine Chao will maintain the national conversation on infrastructure funding with a pair of high-profile events next week.
XPO Expands Heavy Goods Service in Europe
XPO Logistics Inc. is expanding its movement of heavy goods to Europe, providing last-mile delivery service to such new markets as France, Ireland, the Netherlands, Spain and the United Kingdom.
February 20, 2018Supplier Wabco Reports Solid Quarter, Year
Parts supplier Wabco Holdings Inc. reported strong earnings and revenues in the fourth quarter and for full year 2017.
February 20, 2018Celadon Upgrades Load-Tracking Software, Website
Celadon Group continued its efforts to remake the company, updating its CelaTrac freight-tracking software and redesigning its corporate website.
February 20, 2018Port of Oakland Volumes Rise 4.3% in January
Container traffic at the Port of Oakland rose 4.3% year-over-year in January to 205,841 industry-standard twenty-foot-equivalent units, or TEUs, with positive turnaround in the export market.
February 20, 2018VTNA Adds Certified Uptime Centers
Volvo Trucks North America reported its dealer network now includes more than 100 certified uptime centers to help maximize uptime through greater service bay availability and standardized processes that lead to expedited check-in and repair times.
February 20, 2018ACT Names Funmi Ige-Wright Research Director
ACT Research Co. announced Funmi Ige-Wright joined the firm as research director.
February 20, 2018Rush Posts Higher Results for 4Q, Full-Year 2017
Rush Enterprises Inc. rode an expanding commercial vehicle market and aftermarket business to higher net income and earnings in the 2017 fourth-quarter and full-year periods.
Daseke Inc. Plans Sale of 7.42 Million Shares
Daseke Inc. announced it will sell 7.42 million shares of common stock, including 80,000 shares by one of the company’s stockholders, for $10.60 per share.
February 19, 2018Ryder Posts 4Q Revenue Growth in All Units
Ryder System reported higher revenue growth and profits across all of its business units in the fourth quarter and full year 2017.
February 16, 2018