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, Logistics

Schneider Going to Wall Street With Share Price of $18 to $20

Schneider, the largest privately owned for-hire carrier in the United States and Canada, will become a publicly traded company as soon as April 5 with shares trading between $18 and $20, according to Bloomberg News and a company filing with the Securities and Exchange Commission.

Ari Ashe | Staff Reporter
March 24, 2017
Special Coverage, Business

LoadExpress Launches Freight Auction Marketplace

LOUISVILLE, Ky. — LoadExpress Inc. launched its freight auction and matching marketplace here at the Mid-America Trucking Show.

March 24, 2017
Business

Suddath to Buy Three Locations as Graebel Van Lines Ceases Operations

The Suddath Cos. agreed to acquire three locations of Graebel Van Lines as part of a wind down of Graebel’s operations throughout the country.

Daniel P. Bearth | Staff Writer
March 24, 2017
Government, Business, Fuel

Keystone Foes Prepare Fight as Trump Issues Pipeline Permit

President Trump is making good on his promise to approve the Keystone XL oil pipeline — but the fight is far from over.

Jennifer A. Dlouhy | Bloomberg News
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March 24, 2017
Special Coverage, Business

HaulHound Offers Free Digital Freight Matching

LOUISVILLE, Ky. —Technology startup HaulHound has added a free digital freight-matching feature to its online platform and mobile app for truck drivers.

March 24, 2017
Special Coverage, Business

Trucker Buddy Honors Drivers, Teachers

LOUISVILLE, Ky. — Trucker Buddy International recognized four outstanding drivers and four outstanding teachers for their work in fostering relationships between schoolchildren and truck drivers.

Jonathan S. Reiskin | Associate News Editor
March 24, 2017
Special Coverage, Business

TMAF Touts New Trailer Wraps, Rapid Growth

LOUISVILLE, Ky. — Officials of the Trucking Moves America Forward image movement unveiled new images for its growing trailer-wrap program as well as a new video series and reported rapid growth in online subscribers and Facebook followers.

Roger Gilroy | Senior Reporter
March 24, 2017
Government, Business

Trump Sets Stage for Nafta Talks as Commerce Secretary Meets With Lawmakers

The Trump administration is poised to trigger a renegotiation of Nafta as Commerce Secretary Wilbur Ross met with key lawmakers to satisfy a final step required beforehand.

March 24, 2017
Special Coverage, Business

Prepare for Accidents Before They Happen, Insurance Rep Advises

LOUISVILLE, Ky. — Staying calm and remaining focused is the best way to navigate the confusion that erupts after a truck accident, and orderly preparation before anything bad happens gives a driver an edge in case of an unfortunate event.

Jonathan S. Reiskin | Associate News Editor
March 24, 2017
Business

Orders for Durable Goods Increase More Than Forecast

Orders for U.S. durable goods increased more than forecast in February, a sign companies are confident about the outlook for the economy.

Sho Chandra | Bloomberg News
March 24, 2017