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

Kenan Advantage Group Acquires Bulk Food Carrier Group

Kenan Advantage Group has acquired Agri-Carriers Group Inc., a company based in Jacksonville, Illinois, that specializes in hauling food-grade products in bulk that are used to manufacture food products in the United States. The company also provides refrigerated and dedicated van transportation services.

September 19, 2016
Business, Equipment

Wabash National Appoints Brent Yeagy President, COO

Wabash National Corp., North America’s leading producer of semi-trailers and liquid transportation systems, appointed Brent Yeagy president and chief operating officer, effective Oct. 1.

September 19, 2016
Business, Fuel

Is Natural Gas a Good Fit for Your Fleet?

T. Boone Pickens, FedEx Chairman Fred Smith and NGVA's Matt Godlewski join ATA President Chris Spear to discuss natural gas advancements in this special LiveOnWeb broadcast.

September 19, 2016
Business

Volvo Trucks North America Lays Off 143 at Powertrain Facility

Volvo Trucks North America laid off 143 employees effective Sept. 19 at its powertrain manufacturing facility in Hagerstown, Maryland, the company announced.

September 19, 2016
Business

Covenant Transport Group Names Paul Newbourne COO of Logistics Unit

Covenant Transportation Group named Paul Newbourne chief operating officer at its Covenant Transport Solutions logistical unit, effective immediately.

September 19, 2016
Business, Government, Logistics

Port of New Orleans Begins Clean Truck Plan

The Port of New Orleans said it’s begun a Clean Truck Replacement Program that will allow 20 drayage truckers to replace their older Class 8 trucks with newer models.

September 19, 2016
Government, Business, Technology, Equipment

Survey Finds Wide Variance in ELD Compliance

Logistics provider TransPlace’s carrier survey of preparedness for the 2017 electronic logging device mandate has found a sharp divide between larger and smaller fleets, with 38% of smaller fleets having no immediate plans to install ELDs in their vehicles.

September 19, 2016
Business, Logistics

Hanjin Cuts Fleet as Court Advises Return of Chartered Ships

Hanjin Shipping Co., the South Korean container line that sought bankruptcy protection last month, received a court advisory to return all chartered vessels to cut costs while the company is in the midst of reducing its fleet.

Kyunghee Park | Bloomberg News
September 19, 2016
Business

Demand for Truck Drivers Remains High in Texas

Amy and David Salinas decided to pursue a career as a truck driving team to make their dream to travel the country together a reality.

Kathryn Cargo | Victoria (Texas) Advocate
September 19, 2016
Business, Technology

MercuryGate Integrates LoadPay to Speed Payments

MercuryGate International Inc., a provider of transportation management systems, said a secure payment system from Truckstop.com has been integrated into the MercuryGate system.

September 19, 2016