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.
Garmin Launches Truck Navigation Device With Built-In Camera
Garmin International Inc. is launching a trucking navigation device with a built-in dash camera.
June 29, 2015Ocean Shippers’ Capacity Exceeding Cargo Demand
Container lines around the world continue to add shipping capacity faster than cargo demand grows, increasing long-standing pressure to reduce freight rates and slash costs, industry experts said.
Apex Capital Launches Free Load Board
Freight factoring company Apex Capital Corp. said it has launched a free load board, NextLoad.com.
Omnitracs Appoints Michael Ham as General Manager for Canadian Division
Trucking-technology supplier Omnitracs said it has appointed Michael Ham as general manager and vice president of its Canadian business division, Omnitracs Canada.
Kenworth 76-Inch Mid-Roof Sleeper Now Available
Kenworth Truck Co. said its new 76-inch mid-roof sleeper option is now available for order with its T680 and T880 models.
June 29, 2015No Easy Pass for North Carolina’s First Privately Run Toll Lanes
North Carolina signed contracts and sold $100 million of municipal bonds, workers are surveying the land and the state’s first private toll lanes are set to open on Interstate 77 in 2018.
Americans Get Relief at the Pumps Ahead of July 4 Road Trips
Retail gasoline prices are falling in the United States just in time for Americans to take to the roads in record numbers for the July 4 holiday.
Pending Sales of Existing Homes Climb to Nine-Year High
Contracts to purchase previously owned U.S. homes rose in May to a nine-year high, indicating recent strength in the real estate industry will be sustained.
Sysco Corp. Ends US Foods Acquisition Bid
Sysco Corp. pulled out of a $3.5 billion acquisition of US Foods after a federal judge blocked the takeover.
June 29, 2015Opinion: Naturalistic Driving, Unnaturalistic Science
The Federal Motor Carrier Safety Administration has spent millions of dollars on naturalistic driving studies of commercial driver fatigue.
June 29, 2015