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.
Jack Cooper Exec. Sarah Riggs Amico to Run for Georgia Lt. Gov
Sarah Riggs Amico, executive chairman of car-hauling company Jack Cooper Holdings Corp., formally announced her candidacy for lieutenant governor of Georgia, running as a Democrat.
December 11, 2017Capitol Agenda for the Week of Dec. 11: Infrastructure’s Favorite D.J.
It’s time to check in on D.J. Gribbin. When we last left him, which was last week, Gribbin, the president’s adviser on infrastructure policy, promoted the politics of optimism. Here's a look at the week ahead for trucking on Capitol Hill.
DTNA Launches 3-D Printed Parts Pilot Test
Daimler Trucks North America announced it will make its first pilot program delivery of plastic parts produced using 3-D printing technologies to its customers in the coming weeks.
Precision Pricing
The less-than-truckload industry is embracing dimensioning technology to enable more accurate freight pricing and automate what used to be manual tasks.
Shipping Costs are Surging Globally
The cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years.
Cloud-Based Computing Gains Traction in Trucking
The transition to cloud-based computing in the trucking industry is accelerating as carriers realize the cost savings and operational efficiencies that can be achieved, technology experts said.
Fetch Robotics Garners $25 Million in Funding
Fetch Robotics has raised $25 million in Series B funding, led by Sway Ventures. In total, the San Jose, Calif., firm has raised $48 million.
December 11, 2017Americold Opens New Refrigerated Warehouse in Northern Utah
Americold Logistics officially opened a 9.5-million-cubic-foot temperature-controlled warehouse in Clearfield, Utah, nearly doubling the footprint the company has at the location to about 21 million cubic feet.
December 11, 2017GlobalTranz Acquires Utah’s Apex Logistics
Freight brokerage firm GlobalTranz Enterprises made its fourth acquisition of 2017, buying American Folk, Utah-based Apex Logistics Group for an undisclosed price.
December 11, 2017Fleets Take Do-It-Yourself Approach to Solar-Panel Installation
Solar panel manufacturers said they have worked to make their products easy to deploy, and several fleets said they have opted to install the panels themselves.