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.
Dept. of Health and Human Services Seeks Information on Hair Testing
A division of the Department of Health and Human Services has published a request for a variety of information from the public and transportation industry stakeholders on the potential of use of hair specimens for drug testing.
EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
President Obama Signs Two-Month Highway Funding Extension Into Law
The two-month extension of highway funding has been signed into law, providing for infrastructure funding through July.
June 1, 2015Amazon Is Looking for the Perfect Warehouse Worker
Amazon.com Inc.’s inaugural “Amazon Picking Challenge” inspired mechanical engineering and computer science students from around the world to design robots that can grab boxes of Oreo cookies and pencils from warehouse shelves and place them in bins, tasks ordinarily done by people.
June 1, 2015XPO Plans Note Sale Linked to Acquisitions
XPO Logistics Inc. will sell $2 billion in notes to provide the balance of the financing for its planned acquisitions of French logistics company Norbert Dentressangle SA and drayage carrier Bridge Terminal Transport Services Inc.
June 1, 2015Parts Supplier Dex Opens Facility in North Carolina
Dex Heavy Duty Parts, a Volvo Group subsidiary that supplies recycled, renovated and surplus truck parts, has opened a facility in Advance, North Carolina.
June 1, 2015GE Capital Launches Trucking Fuel-Card Program With WEX
GE Capital Transportation Finance announced June 1 it has launched a fuel-card services program designed for over-the-road trucking companies.
Quebec Carriers Express Mondor and Transport l’Épiphanie Reach Asset-Sharing Deal
Quebec-based carriers Express Mondor and Transport l’Épiphanie announced an agreement to share assets and coordinate management in order to increase productivity and better serve North American companies.
June 1, 2015Saia Renews Contract with Tech Supplier Vnomics
Saia Inc.’s less-than-truckload division has renewed its contract with technology supplier Vnomics Corp. for an additional four years, the companies said in a joint announcement.
Consumer Spending Stalled in April as Americans Saved More
Consumer purchases unexpectedly stalled in April as Americans used income gains to shore up savings, raising the risk the biggest part of the economy may take time to gain momentum after a slow start to the year.
Factories Expand as Orders Grow at Fastest Pace in Five Months
Manufacturing expanded more than forecast in May as orders grew at the fastest pace in five months, indicating the industry is starting to emerge from a first-quarter slump.
June 1, 2015