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.
Retail Sales Rise Most in Five Months on Autos, Fuel
U.S. retail sales rose in October by the most in five months on purchases of autos, fuel and building materials, rebounding after Hurricane Florence may have depressed demand in September.
Natural Gas Holds Gains After Biggest Jump in Eight Years
Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.
Cargo Theft Detective Warns of Thieves’ Sophistication, Organization
Los Angeles County Sheriff’s Department Detective Gerardo A. Pachuca is a member of Cargo CATS, the department’s team of experienced investigators and one of a handful of multiagency teams in the United States dedicated exclusively to targeting cargo thieves and their receivers.
November 15, 2018As Freight on Trucks Becomes More Valuable, Thieves Get Creative in Their Attempts to Steal It
Cargo theft is an ever-evolving threat to motor carriers. Keeping cargo safe means defending against not only traditional methods but recognizing and overcoming emerging new tactics and techniques increasingly employed by the bad guys.
November 15, 2018Ruckit Unveils Platform for Heavy Construction, Bulk Materials Industry
Transportation software service provider Ruckit has announced a collaborative logistics platform for bulk-materials producers, trucking companies and general contractors.
November 15, 2018Listening to Drivers Is Important Retention Tool, Expert Says
FRISCO, Texas — Gathering feedback from drivers is an important part of keeping them, according to Jane Jazrawy, co-founder and CEO of CarriersEdge.
Communication Key for Warehousing Operations, Experts at WIT Conference Say
FRISCO, Texas — Communication among drivers, transportation companies and warehouses can smooth the logistics efforts of delivering freight, according to industry experts.
TSI, Metro White Glove Partner on Logistics Platform
Two companies have partnered to develop a logistics solution for the interior design and architecture industries.
November 14, 2018Meritor Posts Mixed 4Q Results Amid Market Strength
Tier 1 supplier Meritor Inc. posted lower net income and higher revenue in its fourth-quarter and fiscal-year periods as its markets improved, but separate financial issues cut earnings.
Manitoulin Buys First US Company
Manitoulin Group of Cos., a Toronto-based transportation and logistics company, recently announced a pair of acquisitions, one marking its first foray into the U.S. market, as it continues to expand in North America.