Business

About Business News...

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.

Business, Logistics, Top 50

Montreal Firm FLS Transportation Services Acquires Scott Logistics

FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.

February 15, 2019

Transport Topics Podcasts

RoadSigns podcast

Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 2 of our Season Intersession of RoadSigns, "Is Trucking Charging Toward an Electric Reality?" is now available. Check back here often as new content is always being added!

Transport Topics
January 3, 2019
Business, Top 100

FedEx Names Raj Subramaniam New President, COO

David Bronczek and Raj Subramaniam Bronczek, Subramaniam via LinkedIn, FedEx

FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.

Joe Howard | Executive Editor
February 15, 2019
Government, Business, Safety, TCA

Trucking Companies Question Pennsylvania Travel Ban Citations

Truck Elaine Thompson/Associated Press

DUNMORE, Pa. — State police issued more than 800 citations statewide to drivers violating the commercial vehicle ban during the Feb. 12 winter storm. Troopers say they were strongly enforcing the ban as a way to prevent crashes and keep highways clear.

WNEPTV | WilkesBarre Pa
February 15, 2019
Business, Equipment

Cooper Expands Commercial Tire Lineup

Cooper Tire added the Roadmaster RM351 HD tire to its commercial tire lineup.

February 15, 2019
Business, Technology, Autonomous

Samsara Offers New Dash Camera, Invests In Artificial Intelligence

Samsara dash cam Samsara

Samsara, a San Francisco-based tech firm that is developing internet-connected sensors to monitor mobile assets, has unveiled a dash camera that uses artificial intelligence to identify dangerous driving behaviors.

February 15, 2019
Business, Technology, Fuel

Battery Maker ZAF Energy Systems Gets Investment From Wirtz Manufacturing

ZAF Energy Systems Inc., a developer of next-generation battery technology, has received investment capital from Wirtz Manufacturing, a global company specializing in equipment design and technology for the lead-acid battery market, according to a ZAF statement.

February 15, 2019
Business, Equipment

Dana Reports Record Results in 2018

Lighted Dana signage John Sommers II for Transport Topics

Supplier Dana Inc. reported record full-year net income and revenue, and quarterly improvements in both areas.

Roger Gilroy | Staff Reporter
February 15, 2019
Business, Technology, Equipment

Amazon Leads $700 Million Investment in Electric Car Maker Rivian

Amazon Model of an electric Rivian truck. (Patrick T. Fallon/Bloomberg News)

Amazon.com led a $700 million equity investment in Rivian Automotive, the electric pickup and SUV maker preparing to deliver its first vehicles next year.

David Welch and Chester Dawson | Bloomberg News
February 15, 2019
Business, Technology, Equipment, Safety

Wabco Reports Record Annual Revenue

Wabco booth at MC&E Wabco's booth at a recent industry trade show. (John Sommers II for Transport Topics)

Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.

Roger Gilroy | Staff Reporter
February 15, 2019
Government, Business

Manufacturing Takes Downward Turn in January

Manufacturing Meg Roussos/Bloomberg News

U.S. factory production unexpectedly contracted in January, shrinking the most in eight months on weakness in the automotive sector and indicating a weak start to the year as headwinds including a trade war with China weighed on factories.

Katia Dmitrieva | Bloomberg News
February 15, 2019

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