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.
Lineage Logistics Acquires Two California Cold-Storage Facilities
Lineage Logistics said it has acquired two cold-storage facilities in Santa Cruz County, California, from Dreisbach Enterprises. Terms were not disclosed.
July 8, 2014EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
ChassisFinder.com Launches App
Chassis-reservation website Chassisfinder.com said it has developed the first app to allow truck drivers and logistics companies to find and reserve chassis.
July 8, 2014West Coast Port Contract Remains in Place During Three-Day Break
The International Longshore and Warehouse Union and the Pacific Maritime Association said their labor contract, which expired June 30, will remain in place while the sides take a 72-hour break in their negotiations this week.
Logistics Software Firms Accellos, HighJump Merge
Logistics software firms Accellos and HighJump Software have merged under the name HighJump, the companies said. Terms were not disclosed.
July 8, 2014June Truck Orders Surge 41.3%
Class 8 truck orders jumped 41.3% in June from a year earlier as fleets continued to invest in new equipment to better meet rising freight demand, ACT Research reported.
State, County, City Officials Urge Action to Save Highway Trust Fund
The seven largest associations representing state, county and municipal government have sent a letter to congressional leaders urging them to find a long-term solution to keep the Highway Trust Fund solvent.
House Ways and Means Panel OKs Highway Trust Fund Plan
Follow live coverage of the House Ways and Means Committee's hearing to consider a short-term fix to the Highway Trust Fund crisis.
July 7, 2014Trust Fund Fix Needs Support From House Tea Party, Says Senator Schumer
For House and Senate leaders to advance a proposal this month that shores up a cash-strapped highway account they must gain support from House tea party members, Sen. Charles Schumer (D-N.Y.) told reporters July 7.
Trucking Adds 3,300 Jobs in June as Unemployment Rate Declines to 6.1%
Trucking accounted for 3,300 of the 288,000 jobs added in June, and the unemployment rate declined 6.1%, the Labor Department reported.
July 7, 2014Trade Gap Shrinks in May on Record Exports
The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers.
July 7, 2014