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.
Wabash to Buy Trailer Assets of Beall Corp.
Trailer manufacturer Wabash National Corp. said Friday it has agreed to buy the tank and trailer business of Beall Corp., a maker of aluminum tank trailers and related equipment, for $15 million.
January 25, 2013Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Fidelitone Logistics Merges with Va. 3PL
Fidelitone Logistics said it has merged with Virginia-based third-party logistics firm Purnell Furniture Services to expand its delivery services to furniture retailers in the eastern part of the country.
January 25, 2013States Consider Boosting, Supplementing Gasoline Taxes to Pay for Infrastructure
States hit by falling revenue from fuel taxes are considering new sources of revenue, including raising gasoline taxes and creating taxes based on miles traveled, USA Today reported.
January 25, 2013New Home Sales Fall 7.3%
New home sales declined 7.3% in December, the Commerce Department said Friday.
January 25, 2013Oshkosh’s 1Q Income Rises to $46.2 Million
Oshkosh Corp.’s first-quarter income rose to $46.2 million from $38.9 million a year ago, the specialty truck maker said Friday.
January 25, 2013Iteris Reports Rise in 3Q Net Income
Iteris Inc., a provider of traffic management technology, reported a higher profit for its fiscal third quarter.
January 25, 2013Minn. DOT Testing Cameras to Monitor for Truck Parking Spots
The Minnesota Department of Transportation has said it will test using cameras to help truck drivers find available parking slots.
January 25, 2013Intermodal Traffic Rises 13.5% for Week
U.S. rail intermodal traffic rose 13.5% last week over the same week a year ago, the Association of American Railroads said.
January 25, 2013RSI Logistics Acquires Freight Resources Network
RSI Logistics Inc. said it has acquired transportation software company Freight Resources Network. Terms were not disclosed.
January 25, 2013J.B. Hunt’s 4Q Income Improves
J.B. Hunt Transport Services’ fourth-quarter and full-year profits rose, led by gains at its intermodal and dedicated contract services segments.
January 24, 2013