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.
ContainerPort Group Merges With ASF Transportation
ContainerPort Group has merged with ASF Transportation Group, a transaction that will add five terminals into the portfolio of the drayage, transloading and depot company.
January 8, 2018Port Houston Container Imports Surged in 2017
The National Retail Federation said Jan. 5 that retail imports surged in Houston and other U.S. ports amid a rise in consumer confidence and spending.
Clean Energy Fuels Corp. Appoints Stephen Scully Chairman
Clean Energy Fuels Corp. appointed trucking industry veteran Stephen Scully to the post of chairman of its board of directors, effective immediately.
January 8, 2018P3s Not Suited for All Infrastructure Projects, US DOT Official Says
WASHINGTON — A federal transportation official reminded state and municipal agencies charged with advancing infrastructure projects of the need to review the costs and potential benefits associated with public-private partnerships.
Schneider Chief Financial Officer Lori Lutey to Retire
Schneider National Inc. announced in a filing with the Securities and Exchange Commission that Chief Financial Officer Lori Lutey will be retiring from the company within the next six months.
January 8, 2018Real Estate Prices Soaring for Warehouses Near Ports, Intermodal Ramps
Real estate prices to build distribution centers near major marine ports and intermodal ramps jumped double-digits in 2017, according to commercial real estate firm CBRE, as demand outstrips supply due to a retail supply chain increasingly tied to e-commerce and speed.
Pizza Hut Working With Toyota to Test Driverless Pizza Delivery
Toyota and Pizza Hut announced Jan. 8 a “global partnership,” that could see Pizza Hut pizzas delivered in autonomous vehicles designed and built by Toyota.
Self-Driving Car Firm Aurora to Expand After Deal With VW, Hyundai
Deals inked by the self-driving car firm Aurora with two major auto manufacturers will mean more jobs and more test vehicles on the streets in Pittsburgh, one of the company’s co-founders told the Tribune-Review.
Self-Driving Cars Hit Las Vegas Streets for Tech Tradeshow
LAS VEGAS — The self-driving car is getting closer to deployment in the real world for everyday passengers.
Federal Research Program Gives States Room to Repair Highways, Test Technology
WASHINGTON — The Maine Department of Transportation is in the process of repaving major routes with better-quality pavement with help from a federal research partnership.