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.
Q&A: FedEx Founder, Veteran Fred Smith Offers Unusual Gift
Fred Smith, the founder of FedEx, believes that if you’ve done well, you should give back to the public interest.
Congestion Easing at Ports, Along Southern Border, TRB Speakers Say
WASHINGTON — Nearly three years after the beginning of the COVID-19 pandemic, global supply chains and international ocean carriers have seen cargo volumes return to pre-pandemic levels.
Multiple Factors Turn California Ports Into ‘Dormant Volcano’
A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif. — as of today, the queue is gone.
Nova Subsidiary Harbor Logistics Acquires ATS Logistics
Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.
January 11, 2023ConMet Digital Partners With Stephens Pneumatics
ConMet Digital announced a partnership with Stephens Pneumatics, a manufacturer of highly customized tank trailers, transporters and vehicle beds, to supply telematics systems for new tank trailer builds.
January 11, 2023Truck-Lite Promotes Jon Stineman to President of US Operations
Truck-Lite, a manufacturer of LED lighting systems for commercial trucks, buses and commercial trailers, announced it named company veteran Jon Stineman president of its U.S. operations.
January 11, 2023Voltera Partners With Amerit on EV Fleet Maintenance
Voltera, a company that develops and operates electric vehicle charging facilities as a full-service turnkey solution for clients, announced a strategic partnership with EV fleet maintenance company Amerit Fleet Solutions.
January 11, 2023REPLAY: Economic Outlook for 2023 with Bob Costello
Many of the country’s leading economists say the U.S. and the global economy faces a possibility of a recession in 2023, with rising interest rates and the war in Ukraine slowing economic growth. Whether the U.S. can avoid a recession or not, what impact will this have on both trucking and the global freight?
January 10, 2023Power Trucks USA Upgrades With AutoLeap Shop Software
Power Trucks USA, an automotive accessory shop and service center, announced a collaboration with AutoLeap, which provides auto repair shop software, to upgrade current software and streamline operations.
January 10, 2023FedEx to Shrink Sunday Delivery Service to 50% of US
FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.