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.
New Jersey Busts $1 Million Cargo Theft Ring
An 11-man, $1 million cargo theft ring was broken up by the New Jersey State Police last month in “Operation Botany Strike.”
April 2, 2018Jodie Teuton Named Chairwoman of American Truck Dealers
Jodie Teuton is adding another accomplishment to her successful career in the trucking industry, being elected chairwoman of American Truck Dealers for a two-year term.
April 2, 2018Trucking Prices Are About to Rise Even More
A U.S. trucking shortage that has pushed up freight costs for everything from cereal to toothbrushes is about to get worse.
China Urges More Trade Talks as Tariffs on US Goods Begin
China urged trade talks with the United States to prevent greater damage to relations while saying that previously announced retaliatory measures on American imports took effect April 2.
April 2, 2018Port of New York and New Jersey on 2018 Record Pace
Cargo volume is on a record pace for the Port of New York and New Jersey, which said in February it set a monthly record for cargo volume, and that it is on track to improve upon the record set in 2017, when it handled 6.7 million 20-foot-equivalent units, or TEUs.
April 2, 2018Factory Gains Cool as Inflation in Raw Materials Picks Up
U.S. factories expanded at a slightly slower pace in March, and a measure of raw-material prices hit an almost seven-year high, as manufacturers struggled to keep up with demand, data from the Institute for Supply Management showed April 2.
April 2, 2018Trump: The Washington Post Should Register as Lobbyist Over Amazon’s Postal ‘Scam’
President Donald Trump charged March 31 that The Washington Post, owned by billionaire Jeff Bezos, should register as a lobbyist, insinuating that it abetted his other company, Amazon, in pulling off a U.S. Postal Service “scam” to deliver its packages at a loss.
Ohio Logistics Firm Buys Property in Anticipation of Autonomous Trucks
Jarrett Cos. has purchased a 53-acre property in Seville, Ohio, that it expects eventually will be used by driverless, autonomous trucks.
April 2, 2018Global Trade on the Upswing, DHL Barometer Says
Prospects for international trade growth look positive for the next three months, according to the DHL Global Trade Barometer, an index designed to present the current state of global trade and provide insight on movement in the near term.
April 2, 2018Port of Houston Says Cargo Tonnage Up 7% in 2018
Cargo volume at Port Houston increased 7% during the first two months of this year, boosted by a strong uptick in steel imports, the port announced.
April 2, 2018