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.
Commercial Vehicle Group Reports Strong Third Quarter
Component supplier Commercial Vehicle Group Inc. reported stronger revenue and net income for the third quarter as its two key segments improved.
November 13, 2017J.B. Hunt Opens Logistics Sales Offices in Alabama, Texas
J.B. Hunt Transport Services Inc. has opened sales offices in Mobile, Ala., and Texarkana, Texas, which will house staff working in the Integrated Capacity Solutions division.
November 13, 2017Electrified Highway Goes Live to Serve Ports of Long Beach, Los Angeles
A one-mile electrified highway has gone live with three heavy-duty trucks running between the ports of Los Angeles and Long Beach, Calif., as partners Siemens and the South Coast Air Quality Management District seek to cut emissions from trucks serving the two largest U.S. ports.
Nikola Announces Bosch, PowerCell as Fuel Cell Suppliers
Nikola Motor Co., which is developing a Class 8 hydrogen-electric truck, appointed Bosch Group and PowerCell AB the primary suppliers of the truck’s fuel cells — key elements of the truck’s powertrain.
November 13, 2017Old Dominion Freight Line Opens 20th Texas Location
Old Dominion Freight Line cut the ribbon on a service center in Garland, Texas, the 228th location in North America and 20th in the Lone Star State.
November 13, 2017Five Insider Stories Jurors Heard in Week One of Pilot Flying J Fraud Trial
Jurors in the Pilot Flying J fraud trial are getting an earful of insider stories about the truck stop giant and the trucking industry.
XStream Launches Articulated Device to Close Tractor-Trailer Gap
XStream Trucking Inc. launched its aerodynamic device called TruckWings to address the gap between a Class 8 truck and trailer when at highway speeds.
Defense Attacks Images of Star Witnesses in Pilot Flying J Fraud Trial
Jurors in the ongoing Pilot Flying J fraud trial haven’t yet seen the government’s two star witnesses, but the attorney for the truck stop giant’s former president is already painting portraits of the pair as a ruthless corporate climber and a jealous snitch.
Savage Opens New Petroleum Terminal in Mexico
Savage Cos., a logistics provider for the chemical industry, will begin operating a petroleum terminal in central Mexico Jan. 1, working with Kansas City Southern to move the commodities into the United States.
November 13, 2017Trudell Holdings Acquires Northeast Great Dane
Trudell Holdings Inc., parent company of Trudell Trailer Sales, announced its acquisition of majority ownership of Northeast Great Dane and anticipates closing the transaction Dec. 1.
November 13, 2017