Business

About Business News...

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.

Business, Logistics, Perspective

Opinion: The 2017 Capacity Crisis: Past Lessons, Current Advice

Jeff Tucker, CEO of Tucker Company Worldwide, reviews lessons learned and offers current advice relative to the capacity crunch of 2017.

November 3, 2017
Government, Business

Building Resilient Communities Best Way to Reduce Risk in Disasters, FEMA Chief Says

The head of the Federal Emergency Management Agency said the extreme weather events that destroyed vital infrastructure this year in Texas, Florida, Puerto Rico and the U.S. Virgin Islands illustrate the need to build resilient communities.

Eugene Mulero | Senior Reporter
November 3, 2017
Business, TCA

Old Dominion Takes Big Swing With MLB Deal

When Old Dominion Freight Line Inc. landed an advertising and marketing contract with Major League Baseball earlier this year, it was part of a long-term strategy to grow its business, representatives of the Thomasville, N.C.,-based trucking and logistics company said.

Pat Kimbrough | The High Point Enterprise (N.C.)
November 3, 2017
Government, Business, Technology, Equipment, Safety, Fuel

SoCal Ports Approve Aggressive Air Quality Rules for Moving Cargo

The ports of Los Angeles and Long Beach announced they have approved the 2017 Clean Air Action Plan Update that sets out aggressive clean air strategies for moving cargo through the nation’s busiest container port complex — which is on pace for the busiest year ever.

Roger Gilroy | Senior Reporter
November 3, 2017
Business

ArcBest Profits Surge 14%, Although Results Fall Short of Wall Street Forecast

ArcBest Corp. announced earnings in the third quarter rose 14%. Although it fell a penny short on the Bloomberg News consensus forecast, the results ended what was a fairly positive season for the less-than-truckload industry.

Ari Ashe | Staff Reporter
November 3, 2017
Business, Technology, Equipment, Safety, Autonomous

Judge Rules Otto Trucking No Longer a Co-Defendant With Uber in Waymo Case

Waymo was dealt a fresh setback in its fight with Uber Technologies Inc. with a series of unfavorable rulings ahead of a high-stakes trial next month over driverless technology.

Joel Rosenblatt | Bloomberg News
November 3, 2017
Business

SmartDrive Adds Facial Plane Analysis to Driver Monitoring System

SmartDrive Systems has ramped up the battle for market share in the growing video safety and transportation intelligence arena, introducing a new driver-assist sensor product addressing distracted driving. The San Diego tech firm also garnered an investment from Michelin North America.

Burney Simpson | Staff Reporter
November 3, 2017
Business

USA Truck 3Q Results Back in the Black

USA Truck Inc. got out of its losses doldrums in the third quarter, reporting net income of $400,000, or 5 cents per share, in contrast to a net loss of $700,000, or negative 9 cents per share, in the third quarter a year ago.

Burney Simpson | Staff Reporter
November 3, 2017
Business, Logistics

YRC Profits Plunge 78% in Third Quarter

YRC Worldwide CEO James Welch was hopeful three months ago that the third quarter would be in line with the second quarter, but that was before two hurricanes wreaked havoc in Texas and Florida.

Ari Ashe | Staff Reporter
November 2, 2017
Business, Technology, Equipment

Ryder Launches ELD Platform for Commercial Rental Customers

Ryder System has teamed with Geotab to launch the Ryder electronic logging device platform for commercial rental customers in North America.

November 2, 2017