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.
McLeod Software Updates Flagship Products
SCOTTSDALE, Ariz. — McLeod Software rolled out new versions of its flagship LoadMaster and PowerBroker products, as well as other upgrades and integrations to help companies further automate operations and track performance.
September 23, 2013Judge OKs Jack Cooper Bid to Purchase Bankrupt Allied
A federal bankruptcy court has approved the sale of Allied Systems Holdings, once the nation’s largest auto hauler, to Jack Cooper Transport Co. for $135 million.
September 23, 2013U.S. Used Truck Exports Surging as Mexico Alters Laws, ACT Says
Mexico has emerged as the hottest market for U.S. used truck exports this year, driven by regulatory changes in both countries and the improving Mexican economy, industry officials said.
September 23, 2013Engelage Named Great Dane President
Great Dane Trailers announced that President and CEO Bill Crown has decided to step away from the day-to-day duties of company president, handing that role to Dean Engelage.
September 23, 2013Diesel Dips 0.7¢ to $3.974
National diesel prices dipped by 0.7 cent a gallon last week to $3.974, on average, the Department of Energy said, leaving trucking’s main fuel about midway between its high and low points for this year.
September 23, 2013SoCal Ports’ Import Volume Rises 7.5% in August
Inbound imported containers at the Southern California ports of Los Angeles and Long Beach rose 7.5% in August from a year ago, with Long Beach reporting its highest volume since October 2007.
September 20, 2013Bridge Terminal Transport Acquired by Equity Firm
Platinum Equity said it has acquired Bridge Terminal Transport Inc. from Maersk Inc. Terms were not disclosed.
September 20, 2013Forest Agency Suspends Megaloads On Portion of Highway 12
Federal forest administrators issued an order to suspend megaloads from a section of U.S. Highway 12 that runs through north-central Idaho, the Associated Press reported.
September 20, 2013Intermodal Rail Traffic Rises 4.9%
Intermodal rail volume rose 4.9% for the week ended Sept. 14 from the same week a year ago, the Association of American Railroads reported.
September 20, 2013Calif. Low-Carbon Fuel Standard Upheld in Court
A federal appeals court has upheld a provision in California’s landmark 2007 global warming law requiring the oil industry to reduce the carbon content in diesel and gasoline fuels by at least 10% by 2020.