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.
Rookie Competitor Eric Stein Had All the Ingredients to Win Nebraska's Grand Champion Title
In his first year of competing, Eric Stein dominated the field at the Nebraska Truck Driving Championships, winning the Rookie of the Year Award, the 3-Axle division, the Grand Champion Award and the Professional Excellence Award for the highest score on the written test.
Business-Equipment Orders Post Best Gain in Four Months
Orders with U.S. factories for business equipment rebounded in May with the largest increase in four months, signaling corporate investment is holding up despite tensions with major trading partners fueling uncertainty about the outlook.
June 26, 2019Cargo Theft Cases Rise in 1Q
During the first quarter of this year, cargo thefts in the United States rose 25% to 144 reported incidents, with the average loss for each occurrence rising 1% to $116,717, according to a report from the SensiGuard Supply Chain Intelligence Center.
Worklete Continues Expansion Into Trucking Industry Safety Training
A software company that specializes in training people to adopt safer work habits is expanding its executive ranks as it targets reducing on-the-job mishaps that can cause serious injuries and potentially increase motor carriers’ insurance rates.
Practice, and Pierogis, Propel Lesniowski to New Jersey Grand Champion Title
WOODBRIDGE, N.J. — The Garden State’s trucking world has a new Grand Champion in Artur Lesniowski.
As Marijuana-Use Laws Spread, Drug Still Illegal for Truck Drivers
Last month, drug-testing firm Quest Diagnostics scientist Barry Sample had a serious warning for U.S. employers: Be on the lookout for marijuana use by your workers. It’s on the rise.
FedEx Reports Mixed Earnings Results, Says 2020 Will Be Transitional Year
FedEx Corp. said its net income fell to negative territory in the fiscal fourth quarter, blunted by costs at its divisions as well as reorganization after a buyout.
Purolator to Spend $759 Million for Faster Deliveries in Canada
Courier company Purolator Inc. will invest more than C$1 billion over the next five years to build a shipping hub in Toronto, upgrade its fleet and enhance its retail network in Canada to reach more customers.
FedEx Lobs New Attack on Trade Limits as China Threat Looms
FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.
Trade War Hinders Global Trade in April
Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed.