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.
Roehl Transport Purchases Brock Cold Storage and Trucking Operations
Roehl Transport has purchased Brock Cold Storage and Trucking, expanding its trucking and cold-storage operations.
October 28, 2013Ryder to Lease 31 CNG Trucks to Saddle Creek
Ryder System said it will lease 31 natural-gas vehicles to Saddle Creek Logistics Services for use in two markets, including Ryder’s first natural-gas maintenance operation in Texas.
October 28, 2013Iteris Reports Higher 2Q Income
Iteris Inc., which provides traffic management services, said its fiscal second-quarter net income rose from a year ago, and revenue gained 10%.
October 28, 2013Pegasus TransTech Names Adelman CEO
Pegasus TransTech said Oct. 28 that it has named Frank Adelman the company’s new CEO.
October 28, 2013Industrial Production Rises in September
Industrial production grew 0.6% in September after a 0.4% increase the month before, the Federal Reserve reported Oct. 28.
October 28, 2013iTECH: ‘BYOD’ Trend Increases Need for Protecting Drivers’ Devices
A thief walks through a truck stop with a driver’s smart phone in hand when he crosses an invisible boundary. Suddenly the phone announces loudly and repeatedly, “This phone has been stolen!”
October 28, 2013Daimler Trucks to Invest $457 Mln. in Brazil Plants
German truck and auto maker Daimler AG said it will invest about 1 billion Brazilian real ($457 million) in its two truck production plants in Brazil in the next two years.
October 28, 2013Wabco Reports Higher Third Quarter Profit
Wabco Holdings said it earned a profit of $79.5 million in the third quarter, or $1.26 a share, compared with $66.3 million, or $1.02, a year ago.
October 28, 2013Opinion: Setting ATA’s Priorities
Every year at the Management Conference & Exhibition, American Trucking Associations selects a new chairman. I am immensely grateful for the opportunity to serve you all this year.
October 28, 2013Editorial: Raising Trucking’s Profile
There was an unmistakable message that was delivered loud and clear at this year’s Management Conference & Exhibition: It’s time to raise the profile of the trucking industry with politicians and with the public.
October 28, 2013