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.
The 'C' in MCE Stands for 'Classroom' for These Auburn Students
It’s still a common question on college campuses when meeting a new student: “What’s your major?” At Auburn University, when students answer, “Supply Chain Management,” they seldom get quizzical looks.
October 25, 2017Forward Air Posts Solid Year-Over-Year Gain in Profits
Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.
Landstar Announces Strong Results in Third Quarter
Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.
Used-Truck Sales Climb in September, Powered by Retail Transactions
Sales of used Class 8 vehicles rose 25% in September as the economy churned through inventory and cleared the way for more freight to be moved, ACT Research Co. reported.
October 25, 2017Trump’s Economic Adviser Floats Idea of Gas Tax Hike for Infrastructure
President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said.
Direct ChassisLink Inc. Acquires Trac Intermodal’s Domestic Chassis Fleet
Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.
Canadian Trucking Groups Call for Zero Tolerance as Marijuana Legalization Looms
Canadian trucking associations are calling for a zero-tolerance policy for marijuana use among drivers as the country prepares to legalize the drug for recreational purposes in July 2018.
Amazon’s Dream of Drone Deliveries Gets Closer With Trump’s Executive Order
Drone deliveries got a step closer to reality as the White House issued an order giving local governments more authority to conduct tests of the burgeoning new technology.
Committee OKs Trombino as New FHWA Chief
The Senate Committee on Environment and Public Works voted to approve the nomination of Paul Trombino, President Donald Trump’s pick to lead the Federal Highway Administration, on Oct. 25.
Jacksonville Approves $1.5 Million for Bridge Ramp Demolition to Improve Truck Access to Port
It was first about public safety. Then, modernizing city roads. Now Jacksonville, Fla., Mayor Lenny Curry says he wants to demolish the elevated ramp connecting the Hart Bridge to downtown so cargo trucks can better access the port.