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.
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, 2017Building 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.
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.
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.
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.
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.
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.
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.
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.
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