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.
Kenworth Mixer, Dump Truck Demonstration
A T880S mixer fueled by compressed natural gas and a T880 dump truck take to the course at Dirtfish in Snoqualmie, Wash., during Kenworth Truck Co.'s ride and drive of vocational vehicles July 21, 2017.
July 21, 2017Kuehne + Nagel Purchases Commodity Forwarders
Kuehne + Nagel Inc. has purchased Commodity Forwarders Inc., an airfreight forwarder of perishable goods in the United States.
July 21, 2017Keg Logistics Sold From One Private Equity Firm to Another
Bregal Sagemount has sold its stake in Keg Logistics to Seaport Capital in a deal between middle-market private equity firms.
July 21, 2017I-15 Express Lanes Project Awarded $152 Million US DOT Loan
The Riverside County Transportation Commission will receive a $152.2 million federal loan to assist with the completion of its Interstate 15 express lanes corridor project, the U.S. Department of Transportation announced July 20.
CSX Doubles Down on North Carolina Intermodal Investments
Intermodal service is set for the Port of Wilmington, N.C., with daily CSX service to Charlotte. The first double-stack trains are due to begin operating July 28.
July 21, 2017Coyote Logistics to Open Atlanta Office, Add 325 Jobs
Coyote Logistics will open a 48,000-square-foot office in northeast Atlanta and create 325 jobs, spending more than $6 million.
July 21, 2017Kapsch TrafficCom to Provide 6C Toll Tags in Colorado
Kapsch TrafficCom has been selected by the E-470 Public Highway Authority in Colorado to supply 6C toll tags for use by express toll account holders.
July 21, 2017Trump’s NAFTA Wish List Offers No Quick Fix, Canada Envoy Says
Negotiators will be hard-pressed to wrap up talks on the North American Free Trade Agreement anytime soon, considering the Trump administration’s list of objectives for the deal, Canada’s envoy to the United States said.
China Focuses on Avoiding Trade War as Xi-Trump Honeymoon Ends
China’s two-way commerce with the U.S. last year amounted to about $600 billion.
Kansas City Southern Profits Up Nearly 12%, Continuing Streak of Wins for Rail
Kansas City Southern continued the red-hot results from railroad freight carriers in the second quarter, with its profit growing 11.9%, slightly beating the consensus analyst forecast.