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.
Omnitracs Aims to Increase Collaboration Among Its Business Units
DALLAS — Omnitracs and its expanding collection of trucking technology businesses will move forward as “one team,” collaborating on product development to help trucking firms improve their operations, the company’s chief executive said.
XPO Acquires UX Logistics for $59 Million
XPO Logistics announced that it has paid $59 million to acquire UX Specialized Logistics, which makes last-mile deliveries for retail chains and online retailers.
February 10, 2015California Truckers Ask IANA to Intervene in Delay Fee Dispute
California truckers, stung by millions of dollars in delay-related costs, have asked the Intermodal Association of North America to rule that port carriers should not be required to pay those fees accumulated since November.
February 9, 2015Sen. Bernie Sanders: Fund Infrastructure Through Tax Reform
WASHINGTON — Revenue that would come from an overhaul of the country’s tax system should go toward rehabilitating the country’s aging infrastructure, Sen. Bernie Sanders (I-Vt.) said at a high-profile chat at the Brookings Institution on Feb. 9.
Senators Pressing EPA to Set Renewable Fuel Standard for Biodiesel
Thirty-two senators have written a letter to Environmental Protection Agency Administrator Gina McCarthy asking for quick approval of strong biodiesel volumes under the Renewable Fuel Standard for 2014, 2015 and 2016.
Navistar, UAW Reach Four-Year Labor Agreement
Navistar International Corp. and UAW announced Feb. 9 that the truck maker’s UAW-represented workers ratified a new four-year labor agreement. It replaces the contract that expired Oct. 1.
Rand McNally Introduces Multipurpose Tablet for Drivers
Rand McNally has launched a versatile new Android tablet that combines the company’s truck-navigation software with mobile applications for both business and personal uses.
Gridlock at West Coast Ports Boosts Airfreight
The shift of seaborne cargo to jets’ bellies shows how Asian airlines including ANA Holdings Inc. and Cathay Pacific Airways are benefiting from gridlock at ports in California and Washington state.
Roadnet Introduces 'Insight' Business Intelligence Tool, Enhances Telematics Integration
DALLAS — Routing software provider Roadnet Technologies, a subsidiary of Omnitracs, has launched a new business intelligence tool designed to help fleets make better decisions about their operations.
Omnitracs Nears Milestone of 1 Million Mobile Assets Managed
DALLAS — Omnitracs said the company and its business units are now providing fleet-management technology for nearly 1 million mobile assets in 60 countries for close to 30,000 for-hire and private fleet customers.
February 9, 2015