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.
Paccar Boosts Dividend
Paccar Inc. is raising its dividend 9%, or 2 cents per share, to 24 cents, reflecting its recent improvement in earnings.
July 13, 2015Fitch Sees Stable Outlook for Port, Toll Road Bonds
A new survey from Fitch Ratings, which analyzes bond quality, found that publicly funded investment in ports and other transportation infrastructure generally will remain stable.
July 13, 2015Southern California Terminal Entry Fees to Rise
Terminal entry fees at Southern California ports are being increased during peak hours effective Aug. 1 to account for higher costs relating to the new West Coast dockworkers’ contract.
July 13, 2015Milestone Equipment, Quest Capital Complete Merger
Wood Creek Capital Management, which owns trailer leasing companies, announced that it has completed a merger of Milestone Equipment Holdings and Quest Capital Group, a transaction that increases Milestone’s fleet by 70%.
July 13, 2015Volvo Trucks Takes Part in White House Supply Chain Innovation Initiative
Volvo took part in a White House supply chain innovation initiative July 9, highlighting the Virginia factory where its North American trucks are built.
July 13, 2015Dana Holdings Appoints Kamsickas CEO
Dana Holding Corp.'s board of directors named James Kamsickas CEO, succeeding Roger Wood, who previously announced plans to retire.
July 13, 2015US Gasoline Cheapest Since Mid-May
Drivers paid an average $2.8328 a gallon for regular gasoline at U.S. pumps over the past two weeks, the lowest since May 15, according to Lundberg Survey Inc.
Opinion: Maximizing Benefits of Onboard Technology
This Opinion piece appears in the July 13 print edition of Transport Topics. Click here to subscribe today.
July 13, 2015Editorial: Trucking Transforms the Economy
We are proud to bring you, in this issue, our annual Top 100 For-Hire list of U.S. and Canadian trucking companies.
July 13, 2015TT Archives: Bigger Trailers
As the 1980s drew to a close, efforts to enact laws in each state permitting use of 53-foot trailers were gaining momentum and now the larger trailers are legal everywhere in the United States with the exception of the District of Columbia.
July 13, 2015