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.
Elmo Guillot Dies at 88
Elmo Guillot, former owner of New Orleans-based Southeastern Motor Freight Inc. and Triple G Express Inc., died on Aug. 12 surrounded by his family. He was 88.
Hawaii Ports Tackle Relief Efforts, Container Congestion
Hawaii has temporarily waived Kahului Harbor wharfage fees for inbound cargo to help relief efforts after the devastating Lahaina fire in Maui on Aug. 8.
2014 NTDC Grand Champion Langenhahn Ready for Encore
Wisconsin grand champ Jeffrey Langenhahn, competing in the twins class, is one of two former NTDC grand champions taking the course this year in Columbus, Ohio.
Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
San Francisco Wants Halt to Cruise, Waymo Expansion Ruling
San Francisco asked California regulators Aug. 16 to halt its approval of Cruise’s and Waymo’s unrestricted commercial expansion in the city, arguing the city “will suffer serious harm.”
July Trailer Orders Show Sequential Turnaround
U.S. trailer orders continued the trend of year-over-year declines in July despite experiencing a significant sequential turnaround, according to ACT Research.
Ford, SK to Build Battery Plant in Quebec
Ford Motor Co. is joining with South Korean battery-component makers SK On Co. and EcoPro BM Co. to build a cathode active material plant in Quebec worth more than C$1.2 billion ($887 million).
NTDC Truckers Show They Have the Write Stuff
COLUMBUS, Ohio — Difficult. Overwhelming. Tough. Hard. These were commonly heard descriptions from drivers about the written exam at this year’s “Super Bowl of Safety.”
Tyson Foods Reportedly Explores Sale of China Business
Tyson Foods Inc., the biggest U.S. meat company, is exploring options including a potential sale of its China business, according to people with knowledge of the matter.
Walmart Reports Strong Q2 on Low-Price Model
NEW YORK — Walmart reported strong second-quarter sales results as the retailer’s low-price model continues to attract budget-conscious consumers in a tough economic environment.