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.
Accuride Introduces Lighter Steel and Aluminum Wheels
Accuride Corp. announced new steel and aluminum wheels that it said offered weight-saving benefits, including the industry’s first 65-pound steel wheel and 40-pound aluminum alloy wheel for commercial vehicles.
January 23, 2017National Diesel Average Falls 1.6¢ to $2.569
The U.S. average retail price of diesel dropped 1.6 cents to $2.569 a gallon, while crude oil prices showed little change from the previous week.
January 23, 2017Dave Bronczek to Take Over as President, COO of FedEx Feb. 1
FedEx Corp. announced that as of Feb. 1, Dave Bronczek will assume the posts of president and chief operating officer.
January 23, 2017Trump Revamps US Trade Focus by Pulling Out of Pacific Deal
President Trump abruptly ended the decades-old U.S. tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and by promising to renegotiate the North American Free Trade Agreement.
Trailer Orders End 2016 on Strong Note, Climbing Above 34,000
Net trailer orders in December were the second-highest of the year, and improved year-over-year as well, but 2016 remained significantly weaker than 2015, ACT Research said.
NHTSA to Hold Public Meeting Feb. 13 on Automated Vehicles
The National Highway Traffic Safety Administration will hold a public meeting Feb. 13 in Washington, D.C., to seek public comment on its vehicle performance guidance for automated vehicles, the agency announced Jan. 23.
TFI International Expands Into Last-Mile Medical Delivery With Acquisition
TFI International (formerly TransForce Inc.) acquired the ground transportation business of World Courier in the United States from pharmaceutical distributor AmerisourceBergen Corp.
January 23, 2017MetroGistics Holdings Acquires Vehicle Logistics Firm AmeriFleet
MetroGistics Holdings, based in St. Louis, acquired vehicle logistics firm AmeriFleet of Alpharetta, Georgia. Executives said the deal will spur innovation and accelerate growth for the companies in providing vehicle delivery services.
January 23, 2017States Send Trump Wish Lists for Promised Infrastructure Plan
With President Trump promising to rebuild crumbling U.S. highways, bridges and buildings, states have begun submitting lists of priority projects in need of funding.
Letters: Safe Food Transport, Government Efficiency
Uniformity Would Ease Safe Food Transportation
January 23, 2017