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.
Saia Posts 1Q Increases in Revenue, Income Despite Severe Weather
Saia Inc. shrugged off extreme weather in the first three months of the year to post records in its May 1 earnings report.
ACT Panel: Hydrogen Fuel Cells Face Off With All-Electric Batteries
LONG BEACH, Calif. — Many transportation executives see a role for electric trucks in the years to come, but the question of which power-delivery method will move to the forefront — pure-electric or hydrogen fuel-cell electric — remains open, experts said.
C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
Treasury Secretary Steven Mnuchin Calls Latest Round of China Trade Talks ‘Productive’
The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings “productive” in a tweet.
May 1, 2019Meritor Profits Climb in Fiscal-Year 2Q
Meritor Inc. reported fiscal-year, second-quarter gains in net income and revenue.
Factory Gauge Falls to Two-Year Low as Orders Cool
A gauge of U.S. factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended into the second quarter as companies continue to confront uncertainty about trade.
May 1, 2019Ina Daly Thrives in Male-Dominated Profession
Arizona’s Ina Daly has become a staple in the truck driving competition arena. Not only has she proved her skills as a driver for XPO Logistics, but she also has shown she belongs in the male-dominated industry.
ARTBA Webinar Speakers Champion Transparency, Trust
Establishing rapport with legislators and the public is essential to gaining their trust and generating support for infrastructure investment, according to state transportation leaders.
Instructional Technologies Offers New Entry-Level Training System
Instructional Technologies Inc. announced the availability of its On Ramp entry-level driver training system to help commercial driver license schools meet the new federal entry-level driver training standards that go into effect in February.
April 30, 2019Trump, Congressional Democrats Agree on $2 Trillion Infrastructure Package
After a private meeting at the White House on April 30, Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer told reporters that Democrats had reached an agreement with President Donald Trump on a $2 trillion infrastructure measure.