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.
Uber Freight App Rolls Into California, Arizona, Chicagoland
Uber Freight, which officially launched in May as a way for short-haul truckers to more easily book their loads, is making a big national push after a test run in Texas.
HaulFox, FourKites Partner to Enhance Visibility for Freight Brokers
HaulFox has partnered with freight-tracking technology provider FourKites to enhance supply chain visibility.
August 3, 2017No Names for FMCSA Top Post Nominee, Sen. Thune Says
WASHINGTON — The Senate Commerce Committee’s approval on Aug. 2 of Steven Bradbury’s nomination for general counsel at the U.S. Department of Transportation was a step forward in staffing up Secretary Elaine Chao’s leadership team.
PeopleNet Adds Tire-Pressure Integration With Continental
Fleet telematics provider PeopleNet has added an integration with a tire pressure monitoring system from tire maker Continental Corp.
August 3, 2017Consumer Comfort Reaches Seven-Week High on US Economic Views
Americans last week started feeling much more confident about the economy, pushing the Bloomberg News Consumer Comfort Index to a seven-week high and partly reversing an early-summer slump, figures released Aug. 3 showed.
Class 8 Orders Surge 81% in July, Top 18,000
Class 8 orders rolled on in July, climbing 81% year-over-year in what is typically the slowest order month of the year, analysts said.
Convoy, Uber Accelerate Push to Match Carriers With Loads Via Mobile Apps
The push to automate freight brokering is gaining momentum with technology startup Convoy raising $62 million to accelerate its growth plans and Uber Freight adding features and expanding into new markets since its May launch.
USA Truck Revenue Slides $2.8 Million; 6th Straight Quarter of Losses for Company
USA Truck Inc. reported a net loss of $2.8 million or 35 cents per share in the second quarter, marking the sixth consecutive quarter the company has lost money.
August 2, 2017Florida Governor Appoints New Member to Tampa Port Authority After Overspending Accusations
Florida Gov. Rick Scott appointed Mike Griffin to the Tampa Port Authority due to recent reports of excessive spending at Port Tampa Bay.
August 2, 2017Virginia Port Authority Board Extends CEO’s Contract Another Three Years
The board of the Virginia Port Authority voted unanimously to extend the contract of its top executive for another three years.