Transport Topics
From Steaks to Furniture, Hanjin Shipping Collapse to Raise Freight Costs
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The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers.
Trucking is Growth Business for Leasing, Finance Firms
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Trucking has become a growing portion of business volume for companies that lease and finance equipment, a new study showed.
Ridgemont Makes Equity Investment in Nolan Transportation
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Private equity investor Ridgemont Equity Partners announced that it has made a minority equity investment in Nolan Transportation Group, a freight brokerage.
Natso, Allied Brand Capital Partner on Franchising Opportunities
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The National Association of Truck Stop Operators said it partnered with Allied Brand Capital to offer special financing and guidance for truck-stop owners and operators seeking to invest in a food franchise.
Texas Officials Announce Autonomous Freight Shuttle at Port of Houston
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Researchers at the Texas A&M Transportation Institute are partnering with private investors and the Port of Houston to build what is being described as the first autonomous freight shuttle system to move truck trailers and containers through congested ports and border crossings on an elevated guideway.
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