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.
Beacon Roofing Supply Agrees to Acquire Allied for $2.6 Billion
Beacon Roofing Supply Inc. has agreed to acquire Allied Building Products Corp., based in East Rutherford, N.J., for $2.6 billion.
Big Trailer Rentals Expands Into Southern California Market
Big Trailer Rentals is expanding its Colorado-based flatbed and heavy-specialized trailer rental business to Southern California.
August 28, 2017Former Graebel Van Lines CEO Appointed to Top Post at Beavex
Third-party logistics provider Beavex Inc. has hired Terry Carter as CEO, replacing Rich Boland, who resigned after three years in the top job.
August 28, 2017RoadOne Purchases United Global, Making Push Into Chicago Market
RoadOne IntermodaLogistics has acquired United Global Logistics, which gives the drayage provider a new presence in the Midwest market, including Chicago.
August 28, 2017Containership to Honor Bayonne Bridge Renovation With Sept. 7 Call to N.Y.-N.J. Port
The Port of New York and New Jersey will receive its first Neopanamax vessel from the Asia to U.S. South Atlantic Express Service on Sept. 7 when the CMA CGM Theodore Roosevelt arrives.
August 28, 2017Mexico Says It Won’t Renegotiate NAFTA With President Trump Via Twitter
Mexico will not renegotiate the North American Free Trade Agreement or any other aspect of its relationship with the United States via social media or the press, the Mexican government declared Aug. 27
August 28, 2017Surface Transportation Board to Examine CSX Service Woes
The Surface Transportation Board will hold a special session to listen to CSX Corp. and railroad shippers discuss service disruptions since May that have ratcheted up the animosity between the sides in a public war of words.
Trucks Without ELDs Won’t Be Placed Out of Service Until April 1, CVSA Says
Commercial vehicle inspectors will issue citations to motor carriers operating vehicles without electronic logging devices beginning Dec. 18 but will not place vehicles out of service until April 1.
Construction Stocks Tank as Trump’s Infrastructure Plans Fizzle
The predicted boom in construction stocks under President Donald Trump is turning into a bust.
Harvey Could Have Deep Impact on Texas Oil, US Economy
Massive flooding caused by Tropical Storm Harvey along Texas’ refinery-rich coast could have long-standing and far-reaching consequences for the state’s oil and gas industry and the larger U.S. economy.