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.
Hirschmann, Inthinc Partner to Launch Mobile Technology Platform
Hirschmann Solutions, a supplier of antenna and transceiver systems, has partnered with telematics service provider Inthinc to launch a new mobile technology platform.
July 2, 2015Marathon Data Systems Acquires Foxtrax, Changes Name to WorkWave
Marathon Data Systems, a provider of fleet and field-service management technology, has acquired fleet-tracking firm Foxtrax GPS for an undisclosed sum.
July 2, 2015Bulldog Hiway Express Merges with Daseke
Bulldog Hiway Express is merging with Daseke Inc., a group of flatbed, open-deck and specialty carriers, the companies announced.
July 1, 2015Rubin Named CEO at Intermodal Operator
Steven Rubin has been named CEO at ITS Technologies & Logistics, which operates more than 90 intermodal rail and automotive facilities. He is formerly the top executive at ocean carrier Horizon Lines.
July 1, 2015Volvo Opens 1 Million-Square-Foot Truck Parts Plant
Volvo Group said it opened a 1 million-square-foot distribution center in Byhalia, Mississippi, for Mack and Volvo truck parts.
July 1, 2015Port of L.A. to Begin $44 Million Terminal Expansion Project
The Port of Los Angeles said it will begin a $44.6 million container terminal expansion project this summer .
July 1, 2015Manufacturing Expands at Fastest Pace in Five Months
Manufacturing expanded in June at the fastest pace in five months, indicating domestic demand is allowing America’s factories to withstand sluggish overseas economies.
July 1, 2015Companies Add 237,000 Workers to Payrolls, Says ADP
Companies in the United States boosted employment in June by the most in six months, signaling the job market is strengthening, according to a private report based on payrolls.
European Union to Decide on FedEx-TNT Express Merger by Aug. 3
European Union antitrust regulators will decide Aug. 3 whether to clear FedEx’s $4.9 billion bid for TNT Express, Reuters reported.
July 1, 2015FleetPride Names Sturdivant CEO
Aftermarket parts supply company FleetPride announced that interim CEO Don Sturdivant has been appointed to that position on a permanent basis.
June 30, 2015