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.
Lockheed Wins $480 Million Order for 12 Freight-Hauling Airships
Lockheed Martin Corp. won an order for as many as 12 airships worth $480 million as lower crude receipts spur cost-conscious oil and gas companies to consider aircraft able to carry workers and cargo to remote locations without the need for hefty investment in runways and roads.
FedEx Debuts Cold Chain Center to Keep Shipments Chilled During Delays
FedEx Corp. unveiled its Cold Chain Center on March 29, designed to hold frozen, refrigerated and controlled room temperature shipments when they're delayed in transit through the hub.
Payrolls at Companies Rose 200,000 in March, Says ADP
Companies took on 200,000 workers in March, adding to evidence of a firming labor market, according to a private-report based on payrolls.
Dupré Logistics President Tom Voelkel to Retire March 31
Tom Voelkel, president and chief commercial officer for Dupré Logistics, will retire March 31 after 33 years with the company.
March 29, 2016Cummins, Olayan Form Joint Venture Company, Cummins Arabia, in Middle East
Engine maker Cummins Inc. and the Olayan Group announced they have formed Cummins Arabia, a 50-50, three-country distribution joint venture company in the Middle East.
March 29, 2016TransConnect EFS Fuel Card Expected to Launch in 2Q
LOUISVILLE, Ky. — TransConnect Services, a wholly owned subsidiary of Apex Capital Corp., said it expects to launch the TransConnect EFS fuel card in the second quarter.
March 29, 2016ToughTested Introduces Rugged Smartphone Accessories
LOUISVILLE, Ky. — ToughTested announced six new products in its line of rugged accessories for smartphones designed for use in heavy-duty applications.
March 29, 2016Seeing Machines Unveils Guardian System to Monitor Driver Fatigue, Distraction
LOUISVILLE, Ky. — Seeing Machines unveiled its Guardian system, the latest version of its driver fatigue and distraction monitoring technology designed to enhance fleet safety.
March 29, 2016Phillips & Temro Display Electric APU
LOUISVILLE, Ky. — Phillips & Temro displayed its Idle Free electric auxiliary power unit, which it said third-party test results show outperforms competing products.
March 29, 2016Anytrek Unveils New Dash Cam With GPS
LOUISVILLE, Ky. — Anytrek Corp. unveiled a new dash cam with online GPS tracking that provides real-time tracking from any Web-connected device.
March 29, 2016