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.
Former Pilot Flying J Sales Executive: ‘I Cheated Customers and I Did It Well’
CHATTANOOGA, Tenn. — Brian Mosher considered himself a master at the game of defrauding trucking company customers, and he told jurors Nov. 27 he presented details of it to his bosses, including former Pilot Flying J President Mark Hazelwood and current CEO Jimmy Haslam.
FleetPride Adds Location In Colorado
Heavy-duty aftermarket distributor FleetPride Inc. added a location in Montrose, Colo., and the location’s grand opening in November attracted 80 customers from the local market and more than a dozen FleetPride vendors.
November 27, 2017MNX Expands in Life Sciences With Logical Freight Buy
MNX Global Logistics has acquired Melbourne, Australia-based Logical Freight Solutions to expand its reach in the Asia-Pacific region
November 27, 2017Capitol Agenda for the Week of Nov. 27: Congress’ End-of-the-Year Tasks
With December fast approaching, congressional leaders are rushing to finalize an ambitious to-do list that includes tax reform, funding for the federal government, immigration policy and disaster relief for regions struck by hurricanes. Here's the week ahead for trucking on Capitol Hill.
VersaCold Opens Phase 1 of New Distribution Center
VersaCold Logistics Services opened Phase 1 of its distribution center in Milton, Ontario, which is its largest capital investment ever.
November 27, 2017Becker Logistics Buys Savage Logistics
Third-party logistics firm Becker Logistics purchased Savage Logistics, the freight brokerage division of Savage Cos., with the goal of expanding Becker’s geographic reach, building its core product services, and growing annual revenue.
November 27, 2017Nikola Hydrogen Fueling Infrastructure to Be Linked to Major Shipper’s Network
Nikola Motor Co. plans to locate its emerging network of hydrogen fueling stations to accommodate the logistics network of a major manufacturer, according to the truck maker, which did not identify the manufacturer.
Florida Closes Key Power Driving & Traffic School
Florida in November closed the third-party commercial drivers license testing company Key Power Driving & Traffic School, reporting that its “practices posed an immediate serious danger to the public health, safety and welfare.”
November 27, 2017Clean Energy to Fuel Ryder Fleet at Toyota Plant
Ryder System Inc. awarded a four-year fueling contract to Clean Energy Fuels Corp. to supply Ryder’s fleet of liquefied natural gas heavy-duty trucks serving Toyota Motor Manufacturing’s plant in Georgetown, Ky., Toyota’s largest production facility in North America.
November 27, 2017Federal-Mogul Acquires Controlled Power Technologies
Federal-Mogul Powertrain completed the acquisition of U.K.-based Controlled Power Technologies Ltd., which has expertise in the development and manufacture of powertrain technologies for electrification and hybridization.
November 27, 2017