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.
Florence Flooding Spreads as Storm Heads Northeast
WILMINGTON, N.C. — With Wilmington cut off from the rest of North Carolina by still-rising floodwaters from Florence, officials plan to airlift food and water to the city of nearly 120,000 people as rescuers elsewhere pull inland residents from homes swamped by swollen rivers.
September 17, 2018Medium-Duty Sales on Track for Gains in 2018
U.S. retail sales of medium-duty trucks inched higher overall in August, WardsAuto.com reported as the lighter weight classes led the way, and a leading market analyst raised his forecast for 2018.
Opinion: A Sensible Way to Lower the CDL Age Requirement
For interstate carriers, allowing younger drivers to earn a CDL would vastly widen the pool of drivers and limit the loss of candidates to other careers. And that’s why some legislators are seeking a solution.
GlobalTranz Offers to Buy AFN Logistics
GlobalTranz Enterprises said it has agreed to acquire Chicago-based freight brokerage firm AFN, a move designed to boost the company’s share of the market for third-party logistics services.
North Carolina Town Eyes Drones as Future of Package Delivery
Holly Springs, N.C., hopes to be among the first spots in the United States where drones are used for package delivery.
Georgia Opens Second Inland Port
The newest inland port in the United States is now open in northwestern Georgia. The new Appalachian Regional Port in Murray County is connected by rail to the Port of Savannah, and is expected to ease congestion at the port and reduce truck traffic on roadways by shifting the handoff of international shipping containers to an area with more space.
Growth Continues for Global Freight Carriers
The world’s biggest freight carriers all got a little bigger this year as demand for transportation surged across the globe. Here's the 2018 Top 50 Global Freight Carrier rankings.
Ports, Carriers Step Up Efforts to Move Cargo More Efficiently
A surge in global shipping volume is adding urgency to efforts to increase the efficiency of cargo handling at seaports and inland waterways.
How Logistics Firms Can Compete in the Age of Amazon
The global transportation services market was estimated at about $5.8 trillion last year, and there is much at stake for legacy freight forwarding, logistics and supply-chain management companies.
Rail Profits Rise, But Intermodal Growth Not Certain
As motor carriers enjoy the fruits of the tight freight environment, railroads are continuing their push to boost earnings while they adjust to a market that increasingly is shifting toward intermodal.