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

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, 2017
Business

New 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, 2017
Business, Technology

Hub 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, 2017
Business

Averitt 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, 2017
Government, Business, Logistics, TCA

Unchecked 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.

Graig Graziosi | Youngstown (Ohio) Vindicator
August 11, 2017
Government, Business

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, 2017
Business, Fuel

Oil 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.

Jessica Summers | Bloomberg News
August 11, 2017
Business, Technology, Equipment, TCA

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.

Ed Fletcher | The Sacramento (Calif.) Bee
August 11, 2017
Business, Technology, Equipment

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, 2017
Business, Technology, Logistics, TCA

Amazon 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.

Thomas Lee | San Francisco Chronicle
August 10, 2017