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.
Atlas Canada Appoints Schellenberg As President
Moving service provider Atlas Canada, a subsidiary of Atlas World Group, has appointed Barry Schellenberg as company president.
February 27, 2015Wabash National Realigns Wood Flooring Operations
Trailer maker Wabash National Corp. said it has realigned its wood flooring operations as part of its Commercial Trailer Products reporting segment.
February 27, 2015Marchbank to Succeed Connard as President of Trimac’s US Operations
Bulk carrier Trimac Transportation announced that Tom Connard, president and chief operating officer for its U.S. operations, will retire Aug. 1.
February 27, 2015Bendix to Move to New Ohio Headquarters
Bendix Commercial Vehicle Systems said it will build new headquarters in Northeast Ohio, near its current Elyria location.
February 27, 2015Kenworth Offers Medium-Duty Extended Warranty Program
Kenworth Truck Co. said it is offering an extended warranty program for U.S. customers who purchase new Kenworth Classes 5-7 trucks financed through Paccar Financial.
February 27, 2015Peterbilt Launches Program to Speed Diagnostics, Service Across Dealer Network
Truck maker Peterbilt Motors Co. is introducing a “quick assessment” program to expedite service and repairs throughout its North American dealership network.
February 27, 2015I.D. Systems Receives Allowance for Cargo-Sensor Patent
I.D. Systems Inc., provider of the VeriWise brand of asset-tracking technology, said it has received a notice of allowance from the U.S. Patent and Trademark Office for a pending patent on a cargo-sensing system for dry van trailers and intermodal containers.
February 27, 2015Humboldt Launches Retractable Thermal Barrier for Refrigerated Carriers
Humboldt Specialty Manufacturing Co. has launched a new product designed to help refrigerated carriers protect their cargo while trailers’ doors are open and prevent claims.
February 27, 2015ITS Logistics Acquired by Two Private Investment Firms
Private investment firms McNally Capital and Coughlin Capital announced they have jointly acquired ITS Logistics, a warehousing and logistics firm based in Sparks, Nevada, for an undisclosed amount.
February 27, 2015Pending Sales of Existing Homes Rises to Highest Since 2013
More Americans signed contracts to purchase previously owned U.S. homes in January, rounding out a week of housing data that depicted an uneven recovery.