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.
Home Values Rise 5.2% Nationally in October
Home values in 20 U.S. cities rose at a faster pace in the year ended October as lean inventories of available properties combined with steadily improving demand.
December 29, 2015Illinois Trucker on One-Man Mission for 11 MPG
A truck driver from East Dundee, Illinois, is on a one-man mission to one day roll along on North America's highways in a rig that gets at least 11 mpg.
Rep. Reid Ribble Hopeful Truck Weight Issue Advances in 2017
The leading proponent in the House for increasing weight limits for trucks is hopeful a majority in Congress will back his effort in 2017.
SkyBitz Launches Local Fleet Telematics Division
Technology supplier SkyBitz has launched a division focused on telematics services for local delivery fleets — a move that expands its reach beyond its core trailer-tracking business.
NFI Starts Dedicated Fleet in Florida Using CNG
Supply chain services provider NFI Industries announced that it launched a natural gas-fueled dedicated fleet in central Florida to serve a national home improvement retailer in the region.
Wal-Mart Driver Indicted on 10 Counts in Tracy Morgan Crash
The driver of a Wal-Mart truck involved in a crash that injured comedian Tracy Morgan and three others and killed comedian James McNair has been indicted by a New Jersey grand jury on 10 charges, including aggravated manslaughter and vehicular homicide.
December 28, 2015Sales of Used Class 8 Trucks Continue to Be Mixed in November
Used Class 8 truck sales continued to be mixed in November, ACT Research said.
December 23, 2015Souza Named Chief Financial Officer at CRST
CRST International Inc. has selected former CEVA Logistics executive David Souza as the company’s new chief financial officer as veteran executive Wes Brackey prepares for retirement.
December 23, 2015Central Freight Lines to Receive $1.85 Million in Texas Contract Violation Case
Central Freight Lines is in line to receive at least $1.85 million after a jury in Rockwall County, Texas, found that the carrier’s contract with Trendsetter to provide insurance-related services was violated by the provider.
December 23, 2015Port Drivers Win Millions in Back Pay From Trucking Firm
A port trucking firm in Carson, California, has been ordered to turn over nearly $7 million in back pay to 38 drivers, the latest in a series of recent wins for port drivers and the Teamsters union that has been trying to organize them.