Business

About Business News...

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.

Business, Technology, Equipment, Autonomous

Swedish T-Pods Mate Truck and Trailer

July 10, 2017
Business, Technology, Autonomous

City of Albuquerque Extends Opens Arms to Self-Driving Vehicles

Albuquerque Mayor Richard Berry sent a strong message to companies developing and testing driverless technology that his city is opening its arms to them.

Rick Nathanson | Albuquerque (N.M.) Journal
July 10, 2017
Business

Southern Refrigerated Transport to Raise Driver Pay in October

Southern Refrigerated Transport will raise pay a penny per mile Oct. 1.

July 10, 2017
Business, Logistics

American Fast Freight Acquires Grand Worldwide Logistics

American Fast Freight Inc., an ocean freight forwarder specializing in less-than-containerload shipments, has acquired Grand Worldwide Logistics.

July 10, 2017
Business

FleetPride Expands in Virginia

Aftermarket distributor FleetPride Inc. opened its seventh location in Virginia, bringing its southeastern U.S. network to 63 locations.

July 10, 2017
Business

Penske Logistics Expands Role With Detroit Diesel

Penske Logistics won new business with Detroit Diesel Corp. to support supply chain operations at DD's engine, transmission and axle facility in Redford, Mich.

July 10, 2017
Government, Business

National ELD Mandate Education Tour Set

The Federal Motor Carrier Safety Administration is conducting an electronic logging device national tour to help educate commercial motor carriers about the ELD rule that goes into effect later this year.

Eric Miller | Senior Reporter
July 10, 2017
Business, Equipment

Old Dominion Freight Line to Give Away World Series Tickets in Trailer Contest

How many baseballs could fit into a 28-foot dry van trailer? It’s a question many people in trucking probably haven’t considered and one that those outside of the industry certain never pondered.

July 10, 2017
Business

Cosco Shipping Offers $6.3 Billion to Buy Orient Overseas

Cosco Shipping Holdings Co. offered $6.3 billion to acquire the container carrier controlled by former Hong Kong Chief Executive Tung Chee-hwa’s family in a deal that would catapult the mainland Chinese group into world’s third-largest shipping line

July 10, 2017
Business

Amazon, UPS Announce Plans for Salt Lake City Distribution Centers

Amazon Inc. and UPS Inc. are expanding their footprints with distribution centers in Salt Lake City.

July 10, 2017