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.
Meritor Inc. announced a 2019 aftermarket training series. The global aftermarket supplier will host more than 12 regional training events in the United States and Canada, offering support for parts, sales and service employees.
December 13, 2018
Love’s Travel Stops & Country Stores has opened locations in Texas and Ohio, according to a Dec. 13 press release. Combined, the locations add 201 truck parking spaces and 137 jobs.
December 13, 2018
A Dec. 12 meeting of Trump, Pelosi and Schumer got contentious over Trump's desire for $5 billion for a wall at the U.S. border with Mexico. Trump has threatened a partial government shutdown unless he gets the $5 billion. (Evan Vucci/Associated Press)
The threat of a partial government shutdown that would ensnare transportation programs looms as congressional Republicans and Democrats continue to disagree about President Donald Trump’s funding request for a wall along the U.S. border with Mexico.
December 13, 2018
Molex
Molex announced the next evolution of its 10 Gbps Automotive Ethernet Network Platform designed to support OEMs in the development and design of autonomous vehicles.
December 13, 2018
Volvo Trucks North America
Volvo Trucks announced on Dec. 12 that Roger Alm will take over leadership of its global operations on Jan. 1, 2019, replacing Claes Nilsson, who is retiring.
December 13, 2018
Getty Images
Elected officials are becoming more aware of the truck parking problem, but many can’t seem to convince their constituents why they should care, according to panelists at a recent conference on truck parking.
December 13, 2018Freight-services provider Alliant Energy Transportation will acquire freight-management company Business Transportation Solutions, according to a Dec. 11 press release. The purchase follows AET’s acquisition of Hybrid Transit Solutions in October.
December 13, 2018Sunniva Inc. has acquired LTYR Logistics, a California-based cannabis distribution company headquartered in San Diego, according to a Sunniva news release.
December 13, 2018
The I-95 interchange project will connect the Pennsylvania Turnpike to I-95. (PKF Mark III Inc. via YouTube)
Sensing the impetus for considering a long-term infrastructure funding bill when the new Congress convenes in less than a month, key House and Senate policymakers have started to outline proposals for what would be a massive piece of legislation.
December 13, 2018
George Frey/Bloomberg News
A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into those jobs.
December 13, 2018