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.
Ryder to Provide Transportation Needs for Mattel at Toy Maker’s New Plant
Ryder System Inc. will provide dedicated transportation, logistics and fleet management for Mattel Inc. at the toy maker’s Jonestown, Pa., distribution center.
August 1, 2017DHL Supply Chain to Close Operations at Ohio Plant
DHL Supply Chain will close its Englewood, Ohio, location Sept. 18, a move that will affect 85 workers.
July 31, 2017GE to Cut 575 Jobs at Century-Old Locomotive Plant
General Electric Co. plans to end most locomotive manufacturing at a century-old Pennsylvania factory as the company looks to cut costs amid a sharp downturn in the domestic rail market.
Breadner Trailer Sales Becomes Exclusive Dealer for Stoughton Refrigerated Trailers in Ontario, Quebec Provinces
Stoughton Trailers designated Breadner Trailer Sales as the exclusive dealer of its refrigerated trailers in the provinces of Ontario and Quebec in Canada.
July 31, 2017Pilot Flying J Taps Transflo’s Cloud-Based Mobile Platform to Deliver Fuel
Pegasus TransTech announced that Pilot Flying J has implemented the Transflo cloud-based mobile document imaging solution.
July 31, 2017Dana Reports Double-Digit Growth in 2Q Income, Sales
Dana Inc.’s net income and earnings jumped in the second quarter compared with a year earlier, attributed to improved market conditions and operational execution.
July 31, 2017Production of New Freightliner Cascadia Ramps Up
Freightliner Trucks has ramped up production of its updated Cascadia model and has begun to roll out additional variations and options for the truck.
Gain in Pending Home Sales Shows Market Is Stabilizing
A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released July 31 showed.
Growing Economy Boosts Fuel Demand to Decade High
A growing U.S. economy sparked a jump in fuel demand from companies and travelers in June, which may help to ease a persistent supply glut.
Warehouse Forklifts Finally Give Hydrogen Power a Reason to Be
His tiny company, Plug Power Inc., makes hydrogen fuel cells, and for years he struggled to find customers. No longer. In April, Amazon.com Inc. agreed to try out the technology in forklift fleets at 10 of its warehouses.