Business

About Business News...

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.

Business

DHL Supply Chain, ExxonMobil Partner on New Texas Logistics Center

DHL Supply Chain cut the ribbon, along with ExxonMobil Global Services, on a 160,000-square-foot center in Baytown, Texas, that will serve as a regional distribution center for the maintenance, repair and operations for six refineries and chemical plants in the Lone Star state.

November 6, 2017
Business, Fuel, TCA

John Verble, the Informant Who Helped Sack Jimmy Haslam’s Family Business, Pilot Flying J

For more than a year, the informant met secretly with FBI agents. He repeatedly slid into a dark sedan with tinted windows, sharing a narrative that would rock the family business of Cleveland Browns’ owner Jimmy Haslam.

John Caniglia | The Cleveland Plain Dealer
November 6, 2017
Business, Equipment

Strick Adds Production Line for Custom Trailers

Strick Trailers announced the expansion of its manufacturing facility in Monroe, Ind., adding a 44,000-square-foot production line dedicated to its custom trailer business.

November 6, 2017
Business, Fuel, TCA

Jurors in Pilot Flying J Criminal Trial to Hear How Sales Team Veered Into Corruption

Jurors in a Chattanooga courtroom will be going inside what the nation’s largest diesel fuel retailer concedes was a corrupt sales division where fraud was taught and celebrated.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
November 6, 2017
Business

Crowley Maritime to Offer Central America to North Carolina Service

Crowley Maritime Corp., having recently made news for its Jacksonville-to-Puerto Rico less-than-containerload service, will begin two new weekly routes between Central America and Wilmington, N.C., beginning Nov. 21 and Nov. 22.

November 6, 2017
Business, Technology, Equipment

Fontaine Offers Lightweight Steel Fifth Wheel

Fontaine Fifth Wheel now offers the Fontaine 6NWB, the lightest steel fifth wheel assembly in the industry, according to the company.

November 6, 2017
Business, Technology, Logistics, Autonomous, Perspective

Opinion: Emerging Evolution of Freight Brokerage

Freight and logistics always have depended on the human touch, but technology is getting smarter and many brokers wonder if their efforts will become unnecessary.

Brent Hollingsead | Marketing Director, Aljex Software Inc.
November 3, 2017
Business, Technology, Equipment

Ryder Adds Electric Trucks for Sale, Lease or Rent

Ryder System Inc. announced it has started to take delivery of 125 medium-duty all-electric panel vans for rent or lease, calling the vehicles the first of their kind in North America.

November 3, 2017
Business

Growth in Service Industries Is Strongest Since 2005

America’s service industries expanded in October at the fastest rate since August 2005, indicating the biggest part of the economy is gathering strength, a survey from the Institute for Supply Management showed Nov. 3

Agnel Philip | Bloomberg News
November 3, 2017
Business, Fuel, Logistics, TCA

Oil and Gas Companies Search for Truckers in Pennsylvania

After 42 years with the same employer, Kevin Spath of West Deer, Pa., is facing the prospect of losing his job.

Brian C. Rittmeyer | The Valley News-Dispatch (Tarentum, Pa.)
November 3, 2017