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.
Transport Investments Acquires Jones Motor Group
Transport Investments Inc. has acquired Pennsylvania-based Jones Motor Group, which traces its freight roots to 1894.
July 5, 2016Omnitracs Unveils New Device to Track Trailers
Omnitracs, a trucking technology company based in Dallas, has announced a new product called Trailer Tracks 150 for commercial carriers to track their trailers.
July 5, 2016Washington Town Mulls Restricting Trucks
The Vancouver, Washington, City Council is expected to discuss an ordinance at its July 18 meeting that would prohibit trucks above a certain size from moving freight on 39th Street.
TransForce Acquires Canadian Operations of K.A.S. Personnel Services
Transforce Inc., a staffing agency for truck drivers, has acquired the assets of K.A.S. Personnel Services, another commercial truck-based staffing agency based in Mississauga, Ontario.
July 5, 2016States to Receive $49 Million in Pipeline Safety Grants
More than $49 million in grants will be distributed to states for safety inspections, the Pipeline and Hazardous Materials Safety Administration announced July 1.
July 5, 2016UPS Expanding Package-Pickup Locker Program
UPS is adding 300 self-service package-pickup lockers across the country to solve a problem annoying both UPS and its customers: missed deliveries.
Global Shipping Slumps on Fears of Trade Crisis
The world’s largest ship broker admitted its business has been battered by weak global trade – underlining the crisis engulfing the shipping industry.
Port Tampa Bay Still Finding Its Way as Expanded Panama Canal Opens
After years of buildup, the widened Panama Canal opened June 26, but Port Tampa Bay still finds itself struggling to see where it fits in.
XPO Driver Chris Poynor Wins Washington Top Trucker Title
Chris Poynor a driver for XPO Logistics, won the Washington Trucking Associations grand championship title over about 100 other drivers.
HDA Truck Pride Hires Tecklenburg as New Chief Commercial Officer
HDA Truck Pride, an independent provider of aftermarket parts and service to commercial vehicles, has hired Tom Tecklenburg as chief commercial officer.
July 5, 2016