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.
Consumer Credit in US Rises by Lowest Amount in Five Months
U.S. consumer debt rose in February by the least in five months as credit card balances stalled, indicating Americans’ appetite for borrowing waned further after a fourth- quarter shopping spree.
Manufacturers Add 22,000 Jobs in March
President Donald Trump argues that he’s getting tough on China’s trade practices to keep domestic manufacturers from dying. One hole in that argument: American factories are coming back to life on their own.
FedEx Plane Becomes Learning Tool for College Students in Dayton
An airplane given to the Beavercreek City Schools by FedEx Express now will be used by Sinclair College students after the Greene County district found it would cost nearly $4 million to move and rehabilitate the plane.
Payrolls Rise Below-Forecast 103,000 as Wages Pick Up
U.S. hiring cooled in March after a strong February while wages picked up, returning labor-market progress to a more sustainable pace that keeps the Federal Reserve on track for further interest-rate increases.
April 6, 2018CSX to Purchase Collision Avoidance System
Freight rail company CSX Corp. is ordering the Protran Technology Collision Avoidance System to be installed on several hundred of its railway track maintenance machines, and eventually onto its entire fleet.
April 6, 2018TFI Buys Normandin Transit
TFI International purchased Normandin Transit, a provider of less-than-truckload and truckload freight services in the United States and Canada.
April 6, 2018Opinion: Driverless Cars May Make Traffic Worse, Not Better
One of the more puzzling questions arising from the revolution in autonomous vehicles and on-demand services is what impact it will all have on cities.
NAFTA Trio Meets Amid Growing Optimism for Deal
Senior ministers from the three NAFTA countries are gathering in Washington amid growing signs of optimism that they could find common ground on the toughest issues.
April 6, 2018Trump Says He’ll Take ‘Very Serious Look’ at Amazon’s Business
President Donald Trump said he will take a “very serious look” at Amazon and what he said is an “uneven playing field” the retailer enjoys against competitors.
China Vows to Fight Trump Tariffs ‘to the End’ as Tension Rises
President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.