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.
Manheim Logistics Solutions Opens $2.7 Million Facility
Manheim Logistics Solutions has announced its move to an upgraded office facility in Phoenix, according to an October press release.
November 1, 2018Defense Department Places Orders With Orbcomm, Savi
The Department of Defense has placed a multimillion-dollar order with Orbcomm Inc., a provider of machine-to-machine and Internet of Things solutions, and Savi, a big data and machine learning analytic solutions company, according to a press release.
November 1, 2018Dupré Logistics to Restructure its Strategic Services After Growth
Lafayette-based Dupré Logistics’ Strategic Capacity Services has launched a regional reorganization that will include adding personnel after experiencing significant growth in the past two years.
Former Transportation Secretary Mary Peters to Receive Lifetime Achievement Honor at TRB
Mary Peters, the country’s secretary of transportation during the second half of the George W. Bush administration, will be honored with a lifetime achievement award at the Transportation Research Board’s annual meeting in Washington in January.
Chasing the White Line -- Retaining Drivers
As driver turnover and retention continues to affect the ability for transportation businesses to deliver, being able to quickly make better decisions more often is the key to winning drivers over and keeping them in the game.
November 1, 2018Project Cargo Network Partners With WiseTech Global
Logistics specialist Project Cargo Network has partnered with WiseTech Global, the company behind the global logistics solution CargoWise One, according to an October press release.
November 1, 2018Construction Spending Flat in September
WASHINGTON — Spending on U.S. construction projects essentially was unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects.
Manufacturing Growth Tapers in October
WASHINGTON — American manufacturers grew at a slower pace in October as factories contended with supply disruptions caused by disputes with China, Europe and other trading partners.
Productivity Growth Slows to 2.2% Rate in Q3
U.S. productivity grew at an annual rate of 2.2% in the third quarter, a slowdown from the previous quarter but still better than the lackluster gains of the last decade. Labor costs accelerated but remained at a low level.
XPO Logistics Posts Higher Revenue, Profits in Third Quarter
XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.