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.
HighJump, PeopleNet Expand Integration
HighJump and PeopleNet have released an enhanced integration of their transportation-technology offerings to improve the flow of information between dispatchers and drivers.
June 26, 2015Amazon’s ‘Treasure Truck’ Combines Flash Sales and Storefronts
Amazon.com Inc. is bringing impulse buying right around the corner.
June 26, 2015Consumer Sentiment Rises in June to Five-Month High
Consumer confidence climbed in June to a five-month high as an improving job market boosted Americans’ attitudes about the world’s largest economy.
June 26, 2015Kuehne + Nagel Agrees to Buy ReTrans
Swiss logistics company Kuehne + Nagel Group announced an agreement to acquire ReTrans Inc., a Tennessee-based freight management company to expand the buyer’s U.S. operations.
June 25, 2015Nafta Trade Drops by Most This Year
U.S. trade with Canada and Mexico dropped in April by the most this year, and freight carried by trucks declined, the Bureau of Transportation Statistics reported June 25.
June 25, 2015Daimler Takes Minority Stake in Zonar
Daimler Trucks North America announced June 25 it has taken a minority stake in Zonar Systems Inc., expanding a relationship started earlier this decade with the Virtual Technician remote diagnostic platform.
Senate Funding Panel Includes Twin 33 Provision in Fiscal 2016 Transportation Bill
WASHINGTON — Senate appropriators on June 25 voted to include a provision that would allow the use of twin 33-foot trailers nationwide in a fiscal 2016 transportation funding bill.
Order Slows Efforts to Collect from Carriers in TransVantage Case
A federal judge slowed the bid by the bankruptcy trustee for freight bill payment firm TransVantage Solutions to collect hundreds of millions of dollars from nearly 500 carriers and shippers.
June 25, 2015Republicans Will Allow Export-Import Bank to Expire Under Senate Plan
The U.S. Export-Import Bank’s charter will lapse next week if the Republican-led Congress follows a path outlined by Senate Majority Leader Mitch McConnell that would delay a vote on reauthorizing the bank until July.
June 25, 2015First US Drone Package Delivery to Take Place Next Month
The first legal delivery of a package by a drone is expected to take place next month by a research group led by Virginia Tech, the Puget Sound Business Journal reported.
June 25, 2015