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.
The Top 100 List: 2015 For-Hire Carrier Rankings
Here is the 2015 Transport Topics Top 100 list of for-hire carriers. Companies are ranked by 2014 revenue unless otherwise footnoted.
July 13, 2015Wisconsin Gov. Scott Walker Signs $73 Billion State Budget, Announces Run For President
Wisconsin Gov. Scott Walker signed a $73 billion dollar state budget July 12, a day before announcing that he would join 14 other Republicans as a candidate for president of the United States.
Wilson Named CEO at Priority Logistics
Stephen Wilson has been selected as president and CEO of Priority Logistics, replacing Tim Nolen, who has been named chairman of the board of directors.
July 13, 2015UPS Sees Service Opportunities for Manufacturers
UPS Inc. said 78% of small or midsize manufacturers believe customers’ service expectations are rising, but just 12% view their after-sales service as a key advantage.
July 13, 2015Paccar Boosts Dividend
Paccar Inc. is raising its dividend 9%, or 2 cents per share, to 24 cents, reflecting its recent improvement in earnings.
July 13, 2015Fitch Sees Stable Outlook for Port, Toll Road Bonds
A new survey from Fitch Ratings, which analyzes bond quality, found that publicly funded investment in ports and other transportation infrastructure generally will remain stable.
July 13, 2015Southern California Terminal Entry Fees to Rise
Terminal entry fees at Southern California ports are being increased during peak hours effective Aug. 1 to account for higher costs relating to the new West Coast dockworkers’ contract.
July 13, 2015Milestone Equipment, Quest Capital Complete Merger
Wood Creek Capital Management, which owns trailer leasing companies, announced that it has completed a merger of Milestone Equipment Holdings and Quest Capital Group, a transaction that increases Milestone’s fleet by 70%.
July 13, 2015Volvo Trucks Takes Part in White House Supply Chain Innovation Initiative
Volvo took part in a White House supply chain innovation initiative July 9, highlighting the Virginia factory where its North American trucks are built.
July 13, 2015Dana Holdings Appoints Kamsickas CEO
Dana Holding Corp.'s board of directors named James Kamsickas CEO, succeeding Roger Wood, who previously announced plans to retire.
July 13, 2015