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.
FedEx Office Expands Same-Day Service
FedEx Office, a provider of same-day deliveries, expanded its FedEx SameDay City service to 1,800 cities within 30 regional markets.
October 9, 2017Vipar Heavy Duty Expands Distribution in Mexico
One of Mexico’s largest distributors of truck parts has become a stockholder in Vipar Heavy Duty in Crystal Lake, Ill.
October 9, 2017BluJay Solutions Raises $500 Million to Fund Growth
Supply chain software provider BluJay Solutions has received an unspecified investment from Temasek, an investment company based in Singapore, to support the growth of its global trade network
October 9, 2017Wal-Mart Acquires NYC Delivery Firm
Wal-Mart Stores has purchased Parcel, a same-day and last-mile delivery firm in New York City, as part of the retailer’s effort to enhance delivery services in dense urban markets.
October 9, 2017Steer King Announces New King Pin Repair Kits
Specialty parts manufacturer Steer King announced the availability of its new aftermarket no-ream king pin repair kits.
October 9, 2017Peterbilt Offers New Endurant Transmission
Peterbilt Motors Co. announced the new 12-speed Endurant transmission is available in the company’s 579 and 567 regional and linehaul models using the Cummins X15 Efficiency series engine in ratings up to 510 horsepower and 1,850 pound feet of torque.
Self-Driving Big-Rig Technology Moving Quickly Down the On-Ramp
While advancements in autonomous — or self-driving — cars get much of the attention, development of self-driving commercial vehicles is speeding forward.
Truckload Carrier Pitch to Raise Rates in 2018 Underway; ELDs, Driver Pay, Turnover All Concerns
The combination of the electronic logging device mandate, a shortage of drivers and an improving freight market has carriers and shippers wondering about transportation prices heading into 2018.
G&D Integrated Moves Into Tanker Business With Acquisition
G&D Integrated will begin hauling alcohol and other liquid and dry-bulk commodities with its purchase of tank-truck assets from Bell Enterprises Inc., an agricultural firm and grain hauler based in Deer Creek, Ill.
October 9, 2017Volvo Trucks Adds Gas-Powered Trucks in Europe
Volvo Trucks introduced two gas-powered, heavy-duty trucks that offer fuel efficiency and performance on par with that of diesel-fueled trucks, and comply with Euro 6 emissions regulations.
October 6, 2017