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.
Trucking Adds 1,100 Jobs in November, Department of Labor Reports
For-hire trucking gained 1,100 jobs in November, while overall payrolls increased by 178,000, the Labor Department reported Dec. 2.
December 2, 2016Costco Class 7 Truck Features Lighter Sidewalls From Supreme Industries
Truck body manufacturer Supreme Industries Inc. delivered a lighter weight pilot-project truck to Costco Wholesale Corp. for testing in the retailer’s Fleet of the Future initiative, it said.
December 2, 2016TraPac to Require Truckers to Book Appointments at Port of Oakland
A third terminal operator at the Port of Oakland has instituted an appointment system for trucking companies picking up import containers.
December 2, 2016TransForce Wants Stockholders to Approve Name Change
TransForce Inc. executives have announced a Dec. 23 meeting in Montreal to ask shareholders to approve a corporate name change to TFI International.
December 2, 2016Minimizer Launches Two New Products
Parts and accessories manufacturer Minimizer said it launched its Trailer Slick Plate and the Tool Caddy product lines.
December 2, 2016Quality Companies, Gauge Telematics to Offer ELD
Quality Companies expanded its range of fleet solutions by adding fleet management products and services from Gauge Telematics that will include, soon, an electronic logging device, it said.
December 2, 2016OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil
OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.
Matt Chasen, uShip Founder, Steps Down as CEO
Matt Chasen, CEO of uShip, announced on his company’s blog Dec. 1 that he’s stepping down from the post and leaving the company he founded in 2003.
December 1, 2016Self-Driving Truck Hauls Freight in Ohio as State Unveils Investment to Aid Research
A semi-autonomous truck operated by Otto has completed the first of multiple test runs planned in Ohio this week as the state announced a $15 million investment in highway sensors and cable to support testing of advanced transportation technologies.
Saia Reports Positive Results for October, November to SEC
Saia Inc. reported positive results for its less-than-truckload business in October and November, according to a filing to U.S. Securities and Exchange Commission on Dec. 1.
December 1, 2016