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.
Americold Launches Enhanced Visibility and Reporting Tool
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, said it has launched the next generation of its supply chain visibility and reporting tool, i-3PL.
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MiX Telematics Hires Pete Allen to Lead North American Sales
MiX Telematics, a global supplier of fleet-management technology, said it has hired Pete Allen as executive vice president of sales.
Ryder Adds More Than 1,000 Trucks with Automated Transmissions to Rental Fleet
Truck leasing and rental provider Ryder System Inc. said it is upgrading its North American rental fleet with more than 1,000 trucks equipped with automated manual transmissions.
Peterbilt Offers Tire Pressure Monitoring System with Model 587
Peterbilt Motors Co. said the Bendix SmarTire tire-pressure monitoring system is now available for its Model 587 tractors.
Kenworth Offers Eaton UltraShift Plus as Option in Medium-Duty Models
Kenworth Truck Co. is offering Eaton Corp.’s UltraShift Plus Vocational Active Shifting transmission as an option in its T370, T440 and T470 medium-duty models equipped with the Paccar PX-9 engine.
House Appropriators to Take Up Fiscal 2016 Transportation Funding Bill May 13
House appropriators on May 13 will take up a fiscal 2016 funding bill that includes a 34-hour restart provision that adds new requirements on the study Congress ordered last year.
American Fast Freight Buys Caribbean Shipping Services
American Fast Freight Inc., a logistics and trucking operator, announced the acquisition of Caribbean Shipping Services Inc. to expand in the U.S.-Puerto Rico ocean shipping market.
May 8, 2015USA Truck CEO John Simone Eager to Return From Medical Leave
USA Truck CEO John Simone, who has been on medical leave, said he is looking forward to returning to active involvement in the business.
US Unemployment Falls to Lowest Level Since May 2008
The trucking industry added 1,392 jobs in April as the unemployment rate dropped to 5.4%, the lowest level since May 2008, the Labor Department said May 8.
May 8, 2015Chevrolet Introduces Bi-Fuel-Powered Silverado Chassis Cab Truck
Chevrolet is introducing a dual-powered Silverado, run on either compressed natural gas or gasoline.
May 8, 2015