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.
Three Wharton Dealmakers Bet Their Future on Trillion-Dollar Chinese Trucking Industry
In 2001, three Chinese men named Richard enrolled in the University of Pennsylvania’s Wharton School before heading to high-flying careers as bankers and dealmakers. More than 15 years later, they’ve teamed up to stake their future on building an Uber-like service for China's convoluted trucking industry.
Rice Lake Introduces Replacement Scale
Rice Lake Weighing Systems introduced the Survivor OTR-LP, a replacement scale designed to fit into non-Rice Lake truck scale foundations.
May 15, 2017SCI Handling Canadian Distribution for John Paul Richard
Third-party logistics firm SCI announced it is handling the Canada-wide distribution of clothing retailer John Paul Richard’s products as soon as shipments arrive in Vancouver, British Columbia, from Asia.
May 15, 2017Pioneer Updates Flagship Tarp Product
Pioneer launched an updated version of its flagship tarping system, the Rack ’n Pinion.
May 15, 2017Traffic Woes Underscore Infrastructure Needs
TOMS BROOK, Va. — On a dreary overcast afternoon this month, a several-miles-long traffic jam was forming quickly on Interstate 81.
Editorial: If You Build It, They Will Come
When it comes to spending big to keep goods moving, we are in the midst of a stretch that includes some important talk — and some important action.
May 15, 2017Opinion: Transport Industry Needs a Data-Driven Culture
Transparency is a valuable and sought-after trait for all of today’s top industry players, especially now that things such as business integrity and proactive problem-solving sometimes are baseline requirements of today’s consumer.
May 15, 2017IIHS Supports Side Underride Guards Mandate
The Insurance Institute for Highway Safety said May 10 it supports creating a new safety mandate requiring side underride guards on semitrailers to help reduce a leading cause of truck-involved accident fatalities. The move follows a March visit to Capitol Hill from citizen advocates who presented lawmakers with draft language of a bill requiring more underride protection on various trucks.
Intermodal Volume Up 2% in First Quarter, IANA Reports
Intermodal traffic rose 2% in the first quarter, largely stemming from container and trailer volumes, a signal that a rebound is underway from the doldrums of 2016.
Swift Kicks Off Digital Campaign to Tout Trucking to Young Workers
Swift Transportation Co. is reaching out to young people with a digital marketing campaign that promotes the company’s culture, size and emphasis on job advancement.