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, Technology

Marathon Data Systems Acquires Foxtrax, Changes Name to WorkWave

Marathon Data Systems, a provider of fleet and field-service management technology, has acquired fleet-tracking firm Foxtrax GPS for an undisclosed sum.

July 2, 2015

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business

Bulldog Hiway Express Merges with Daseke

Bulldog Hiway Express is merging with Daseke Inc., a group of flatbed, open-deck and specialty carriers, the companies announced.

July 1, 2015
Business, Logistics

Rubin Named CEO at Intermodal Operator

Steven Rubin has been named CEO at ITS Technologies & Logistics, which operates more than 90 intermodal rail and automotive facilities. He is formerly the top executive at ocean carrier Horizon Lines.

July 1, 2015
Business

Volvo Opens 1 Million-Square-Foot Truck Parts Plant

Volvo Group said it opened a 1 million-square-foot distribution center in Byhalia, Mississippi, for Mack and Volvo truck parts.

July 1, 2015
Business

Port of L.A. to Begin $44 Million Terminal Expansion Project

The Port of Los Angeles said it will begin a $44.6 million container terminal expansion project this summer .

July 1, 2015
Business

Manufacturing Expands at Fastest Pace in Five Months

Manufacturing expanded in June at the fastest pace in five months, indicating domestic demand is allowing America’s factories to withstand sluggish overseas economies.

July 1, 2015
Business

Companies Add 237,000 Workers to Payrolls, Says ADP

Companies in the United States boosted employment in June by the most in six months, signaling the job market is strengthening, according to a private report based on payrolls.

Sho Chandra | Bloomberg News
July 1, 2015
Business

European Union to Decide on FedEx-TNT Express Merger by Aug. 3

European Union antitrust regulators will decide Aug. 3 whether to clear FedEx’s $4.9 billion bid for TNT Express, Reuters reported.

July 1, 2015
Business

FleetPride Names Sturdivant CEO

Aftermarket parts supply company FleetPride announced that interim CEO Don Sturdivant has been appointed to that position on a permanent basis.

June 30, 2015
Business

VW Trucks Chief Renschler Named Chairman at Scania

Andreas Renschler, head of Volkswagen’s truck division, has been appointed chairman for the global manufacturer’s Scania AB business unit.

June 30, 2015