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.
Replay: LiveOnWeb's Mega Trends in Trucking Technology
Still puzzled by what blockchain is? Unsure of the value of predictive analytics, or not taking full advantage of remote diagnostics? Our Feb. 21 LiveOnWeb program, "Mega Trends in Trucking Technology," is for you. Watch the replay.
February 13, 2018January Snow Took a Toll on Port of Virginia’s Cargo Volume
The post-New Year’s blizzard in Virginia did a number on the port.
With Waymo Settlement, Uber CEO Clears the Way for Company’s Future
It’s a paradox: How can paying a quarter of a billion dollars to a rival and issuing an apology be considered a win?
London Not Ready for Driverless Cars Before 2030s, Report Says
London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers.
Trump Infrastructure Pitch Welcomed by House GOP Transportation Leaders
Reps. Jeff Denham and Sam Graves — Republican chairmen of key authorizing subcommittees in the House — expressed enthusiasm this week for the Trump White House’s long-awaited infrastructure proposal, which most Democrats already have rejected.
Heartland Express Profits Hurt by IDC Acquisition
Heartland Express reported weaker financial results for the fourth quarter and for the year 2017 as revenue fell well short of analysts’ expectations and profits were dragged down by the acquisition of Interstate Distributor Co. in July. The company also paid out more to attract and retain drivers.
February 13, 2018Delivering the Goods: U.S. Xpress Offers Team Bonuses Up to $50,000
With demand for long-haul driver teams outstripping supply, one of the country’s largest truckload carriers Feb. 12 launched a compensation plan to provide team drivers up to $50,000 in bonuses and four weeks of paid vacation every year.
Veeco Services Sold To Unidentified 'Strategic' Buyer
Ownership of Veeco Services, a warehousing, transportation and distribution firm based in North Bergen, N.J., has changed hands, according to Ron Lentz, managing director of G2 Capital Advisors in Boston.
February 13, 2018National Electrical Contractors Association Requests ELD Exemption
The National Electrical Contractors Association has applied for an exemption from the requirement for its members’ drivers to use electronic logging devices to record hours of service.
Stallion Oilfield Services Completes Two Acquisitons
Houston-based Stallion Oilfield Services completed two acquisitions, expanding its transportation services in the Permian Basin and the tri-state area of Pennsylvania, West Virginia and Ohio.
February 13, 2018