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.
Office Depot to Launch Service for Same-Day Delivery
Retailer Office Depot. Inc. will launch same-day delivery Aug. 28 in Atlanta and Los Angeles, and Sept. 6 in the Fort Lauderdale and Miami areas.
August 11, 2017New Containership Service to Be ‘Fruitful’ for Central America, Port Everglades
Cargo chartering company King Ocean Services Ltd. has entered into a vessel-sharing agreement with Crowley Caribbean Services to offer less-than-containerload service between Port Everglades, Fla., and Central America.
August 11, 2017Hub Group Offers New Tablet, Smartphone Platform to Track Containers
Hub Group has launched a tablet and smartphone platform to allows customers to track and trace containers.
August 11, 2017Averitt Nearing Construction Date on Larger Jacksonville Truck Terminal
Averitt Express Inc. is about to begin construction on a project to open up a truck terminal in West Jacksonville, Fla. — a 56,440-square-foot facility that will cost about $5 million to build.
August 11, 2017Unchecked Driver Shortage in Ohio Could Harm Economy, Warns State Trucking Industry, Officials
Ohio state Rep. John Boccieri met with local and regional leaders from the trucking industry to discuss a growing problem for freight haulers: a lack of qualified workers.
Pension Woes Getting Worse for Federal Agency Protecting Benefits
The Pension Benefit Guaranty Corp.’s multiemployer pension insurance program will run out of money by the end of 2025, according to a new report from the government agency in charge of taking over troubled plans such as the Central States Pension Fund.
August 11, 2017Oil Poised for Weekly Decline Amid Weaker Demand Outlook
Oil slipped, heading for the biggest weekly loss in a month, as the outlook for demand dimmed in an already shaky market.
Amazon’s Warehouse Robots Are Boosting Productivity, Getting Goods to Customers Faster
The new human jobs – 1,500 in this case – got the headlines, but it’s the robots that make online retail giant Amazon’s new Sacramento, Calif., distribution center zing.
Bendix Aftermarket Air Dryer Uses Recycled Desiccant
Bendix Commercial Vehicle Systems announced that its new aftermarket Bendix GC spin-on style air dryer cartridge is using recycled desiccant and will be available Aug. 20.
August 11, 2017Amazon Eyes the Finish Line in Online Delivery With Home Hub Lockers
Amazon.com doesn’t just want to control the “last mile” of online delivery. The company wants to own the finish line, too.