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.
States to Shrink Infrastructure Portfolios Without Long-term Federal Backing, ARTBA Says
The lack of a long-term funding structure at the federal level will likely prompt state officials to scale back on large-scale infrastructure projects, the chief economist of a group representing road builders said Aug. 10.
Appeals Court Rules Against FedEx in Union Case
The U.S. 3rd Circuit Court of Appeals upheld a lower court ruling Aug. 9 that allows FedEx Freight drivers at the South Brunswick, New Jersey, terminal to form a union with Teamsters Local 701, which the company had refused to recognize.
BlueGrace Logistics Gets $225 Million in Minority Investment From Warburg Pincus
Third-party logistics provider BlueGrace Logistics announced private equity firm Warburg Pincus has agreed to a minority investment of $255 million in the firm, including committed capital and direct investment to spur growth and acquisitions.
August 10, 2016US Recovers Data Recorder From Sunken Cargo Ship El Faro
The data recorder from the cargo ship El Faro, which sank near the Bahamas during a Caribbean hurricane in October 2015, has been recovered, offering possible answers about why the vessel went down, the U.S. National Transportation Safety Board said Aug. 9.
NTDC 2016 List of Competitors by Company
The 79th annual National Truck Driving Championships and eighth annual National Step Van Driving Championships will be held Aug. 10-13 at the Indiana Convention Center in Indianapolis. Here is a list of competitors sorted by the company for which they are competing.
August 10, 2016NTDC 2016 State-by-State List of Competitors
The 79th annual National Truck Driving Championships and eighth annual National Step Van Driving Championships will be held Aug. 10-13 at the Indiana Convention Center in Indianapolis. Here is a list of drivers entered, sorted by the state from which they are competing.
August 10, 2016Drivers to Test Skills at National Championship
A field of 430 drivers is ready for the 79th annual National Truck Driving Championships and National Step Van Driving Championships being held today through Aug. 13 at the Indiana Convention Center in Indianapolis.
Kottke Trucking Purchases Walbon & Co.'s OTR Division
For-hire carrier Kottke Trucking Inc. purchased Walbon & Co. in a deal made official on Aug. 4 that will provide the refrigerated carrier new routes, tractor-trailers and a Florida terminal.
August 9, 2016UPS Routing Program ORION Helps Drivers Trim Miles, Reduce Costs
To help drivers with the challenge of finding the most efficient route to make their deliveries, UPS has developed ORION, a program that calculates an optimized delivery order aimed at reducing miles traveled, transit time and fuel consumption.
Almost Half of Registered Voters Say Infrastructure Has Worsened
The country’s infrastructure has deteriorated drastically over the last five years, contributing to congestion on many highways, according to a poll commissioned by the Association of Equipment Manufacturers that was released Aug. 9.
August 9, 2016