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.
PacLease Reports Spike in Rentals
Paccar Leasing Co. reported that demand for medium- and heavy-duty truck rentals has increased markedly within its system over the past four months.
October 17, 2017Driverless Cars Will Open the Door to a Building Spree
Even as reclaimed parking spaces fuel a downtown building boom, autonomous vehicles will encourage builders to push deeper into the exurban fringe, confident that homebuyers will tolerate longer commutes now that they don’t have to drive, according to the report, sponsored by a unit of Capital One Financial Corp.
Manufacturing Output Rises as Impact From Hurricanes Fades
U.S. factory production rose last month for the first time since June, a sign the industry is starting to regain its footing after the damage from hurricanes Harvey and Irma, Federal Reserve data showed Oct. 17.<
October 17, 2017Ryder Completes Purchase of Dallas Service Center Inc.
Ryder System Inc. announced it completed the acquisition of all outstanding equity of Dallas Service Center Inc., an independent truck repair facility located in Dallas.
October 16, 2017Winsupply Acquires Firm to Expand Distribution in Florida
Winsupply Inc., a wholesale distributor of industrial supplies and equipment, has acquired Certified Plumbing and Electrical Supply Co. in Live Oak, Fla., company officials announced Oct. 3.
October 16, 2017Capitol Agenda for the Week of Oct. 16: American Delight
Rep. Peter Roskam (R-Ill.) was delighted to tell a gathering in Washington recently why Americans are delightful people. Here's the week ahead for trucking on Capitol Hill.
Cummins to Acquire Battery Pack Developer Brammo
Cummins Inc. announced it is acquiring Brammo Inc., which designs and develops battery packs for mobile and stationary applications.
October 16, 2017Dragon Capital Invests in New Shipping Platform
Dragon Capital Investments Ltd. has agreed to buy a minority stake in ShipNEXT, a web-based shipping platform developed by Varamar Group in Odessa, Ukraine.
October 16, 2017Celadon Reshuffles Management Ranks
Celadon Group took another step to reshape its management ranks with the hiring of Thom Albrecht as executive vice president and chief financial and strategy officer, promoting Chase Welsh to executive vice president of risk management and general counsel and adding Kathleen Ross, an experienced commercial banker, to serve as an independent member of its board of directors.
October 16, 2017Montana Trucking Company Tapped to Haul Capitol Christmas Tree to Washington, D.C.
Whitewood Transport, a Billings, Mont., based trucking company, will haul the 2017 U.S. Capitol Christmas Tree from the Kootenai National Forest in the northwest corner of the state to Washington, D.C., next month