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.
Kevin Kelly Named CEO of American Fast Freight
American Fast Freight said it named Kevin Kelly its new CEO, effective immediately.
February 27, 2015Ritchie Bros. Reports Lower 4Q Income; Revenue Improves
Ritchie Bros. Auctioneers reported its fourth-quarter earnings declined but its revenue rose 6% from a year ago.
Sunteck Appoints Ken Forster CEO
Sunteck Transport Group, a Florida-based freight brokerage firm, said it has appointed Ken Forster its new CEO.
Atlas Canada Appoints Schellenberg As President
Moving service provider Atlas Canada, a subsidiary of Atlas World Group, has appointed Barry Schellenberg as company president.
February 27, 2015Wabash National Realigns Wood Flooring Operations
Trailer maker Wabash National Corp. said it has realigned its wood flooring operations as part of its Commercial Trailer Products reporting segment.
February 27, 2015Marchbank to Succeed Connard as President of Trimac’s US Operations
Bulk carrier Trimac Transportation announced that Tom Connard, president and chief operating officer for its U.S. operations, will retire Aug. 1.
February 27, 2015Bendix to Move to New Ohio Headquarters
Bendix Commercial Vehicle Systems said it will build new headquarters in Northeast Ohio, near its current Elyria location.
February 27, 2015Kenworth Offers Medium-Duty Extended Warranty Program
Kenworth Truck Co. said it is offering an extended warranty program for U.S. customers who purchase new Kenworth Classes 5-7 trucks financed through Paccar Financial.
February 27, 2015Peterbilt Launches Program to Speed Diagnostics, Service Across Dealer Network
Truck maker Peterbilt Motors Co. is introducing a “quick assessment” program to expedite service and repairs throughout its North American dealership network.
February 27, 2015I.D. Systems Receives Allowance for Cargo-Sensor Patent
I.D. Systems Inc., provider of the VeriWise brand of asset-tracking technology, said it has received a notice of allowance from the U.S. Patent and Trademark Office for a pending patent on a cargo-sensing system for dry van trailers and intermodal containers.
February 27, 2015