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.
XPO Logistics to Lease Pennsylvania Warehouse ‘as Part of its Continued Growth’
XPO Logistics is leasing a 628,475-square-foot warehouse in Palmer Township, Pa.
Paccar Team of Kenworth, DAF Funded for SuperTruck II Research
The Kenworth Truck Co. and European DAF Trucks brands of Paccar Inc. have been selected as the fifth team to participate in the Department of Energy’s SuperTruck II research program, the government agency announced Aug. 30.
Self-Driving Cars Now Roam Across Former California Military Facilities
The empty runway stretching before Mark Hendrickson extends so far that its edges vanish in the heat shimmer of a broiling Central Valley afternoon.
FedEx Taps University of Memphis Students to Run Call Center
The call center agents talk on headsets to FedEx employees, helping with passwords and other basic troubleshooting and handing off to specialists if necessary.
Second Round of NAFTA Talks Ends With Major Issues Unresolved
Representatives of the United States, Mexico and Canada declared “progress” but unveiled no breakthroughs at the conclusion Sept. 5 of a second round of talks to revise the North American Free Trade Agreement
Amazon to Open First Fulfillment Center in New York
Amazon.com Inc. is opening its first fulfillment center in New York, part of an ongoing push to store inventory closer to customers to enable faster deliveries.
Navistar Posts Second Quarterly Profit in Last 20
Truck and engine maker Navistar International Corp. returned to profitability during the fiscal quarter ended July 31, posting net income of $37 million, or 38 cents a share, as sales rose by 6.1% to $2.21 billion.
Proposal to Delay ELD Mandate Advances to House Floor
A closely watched provision that would halt the December mandate on electronic logging devices for trucks will reach the floor of the House as early as Sept. 6.
Trucker on FEMA Run Endured Harrowing Highway Floodwater
Winston Mullings jumped into action after Hurricane Harvey to deliver to those in need, but the unimaginable happened in Houston: Floodwaters overpowered his truck on a major highway.
Trucks, Planes and Tankers Putting Houston Back in Business After Hurricane Harvey
Houston’s roads, skies and waterways saw increased traffic Sept. 5 as some of the city’s biggest industries continued a slow march toward business as usual.