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.
ShipX Rebranded as FreightorGator
An online-based freight exchange company based in Kansas City, Missouri, is changing names. ShipX is rebranding itself and now will be called FreightorGator.
June 24, 2016Oregon Gov. Kate Brown Renews Call For Oil Train Moratorium
Gov. Kate Brown again called for a moratorium on oil trains in Oregon, after federal regulators released findings June 23 that blamed this month's fiery derailment and spill in the Columbia River Gorge on Union Pacific's failure to maintain its tracks.
Capital Goods Orders Unexpectedly Drop Most in Three Months
Orders for U.S. business equipment unexpectedly declined in May by the most in three months, pointing to weakness in investment even before the likely damage to confidence stemming from U.K. voters’ decision to leave the European Union.
FedEx Founder Fred Smith Assails Presidential Candidates' Trade Positions
FedEx Corp. chief Fred Smith said June 21 the company is concerned about both presidential candidates’ views on trade, but he hopes it’s only campaign rhetoric.
Road Travel Rises by 2.6% in April, US DOT Reports
U.S. road travel rose by 2.6% in April compared to a year ago, according to data released June 23 by the U.S. Department of Transportation.
Florida Truckers to Boycott Logistics Firm
About 13,000 truckers intend to boycott Total Quality Logistics from June 28 through July 5 citing concerns over work conditions, the leader of a group representing the truckers told Transport Topics.
June 23, 2016Wabash Realigns Retail Segment
Publicly traded trailer manufacturer Wabash National Corp. said it is realigning its retail segment under its commercial trailer products and diversified products operations, and transitioning a company-owned retail store to an independent dealer.
June 23, 2016Public Comment Period on Safety Fitness Determination Proposed Rule Ends on June 23
Public comments on FMCSA’s Safety Fitness Determination proposed rule were scheduled to end at the close of business on June 23.
Maersk Chairman Says ‘Strategic Options’ Include Company Split
A.P. Moeller-Maersk A/S replaced its CEO as the owner of the world’s biggest shipping company explores a number of “strategic options” that may include splitting up its operations.
June 23, 2016Dossier Systems Offers PeopleNet Integration
Dossier Systems said its fleet-maintenance software now integrates with PeopleNet’s telematics systems.
June 23, 2016