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.

Government, Business

States Alter Trucking Schedules to Dodge Eclipse

Several states have adjusted their freight transportation schedules to avoid the influx of traffic bound to snarl the nation’s highways as people descend on the best viewing spots for the upcoming solar eclipse.

Eleanor Lamb | Staff Reporter
August 9, 2017
Government, Business, Logistics, TCA

Port of Virginia Posts its Best July Ever for Container Volume

The Port of Virginia began its July-to-June fiscal year with another record-breaker.

Robert McCabe | The (Norfolk) Virginian-Pilot
August 9, 2017
Business

Intermodal Traffic Grows 4.5% in Second Quarter, IANA Reports

Intermodal business continued to climb out of the hole dug in 2016, recording the strongest gain in nearly three years, according to a quarterly report from the Intermodal Association of North America.

Ari Ashe | Staff Reporter
August 9, 2017
Business

CSX Service Delays Vex Shippers

Shippers frustrated with CSX Corp. deterring railroad service and extended delays are choosing to move some shipments to trucks to satisfy their urgent transportation needs, according to industry insiders.

Ari Ashe | Staff Reporter
August 9, 2017
Government, Business, Logistics

Postal Service May Get More Freedom to Raise Stamp Prices

Regulators appear likely to accept the financially beleaguered Postal Service’s request for more freedom to raise the price of mailing letters. It would be the biggest change in the Postal Service’s pricing system in nearly a half-century, allowing stamp prices to rise beyond the rate of inflation.

Hope Yen | The Associated Press
August 9, 2017
Business

FedEx Won’t Add Surcharge to Most Home Deliveries During Gift-Giving Season

FedEx Corp. won't impose a surcharge on most residential deliveries this holiday season, the package delivery giant said.

Jonathan S. Reiskin | Associate News Editor
August 9, 2017
Business, Logistics, TCA

DHL to Run New $44 Million Campbell Soup Logistics Hub

The Campbell Soup Co. broke ground Aug. 8 on a $44 million distribution center in Hancock County, Ohio, that officials said will serve as the company’s future Midwest distribution hub.

Tyrel Linkhorn | The Blade (Toledo, Ohio)
August 9, 2017
Business

Daseke Loses Money for Second Straight Quarter; CEO Still Optimistic About Future

Daseke Inc. lost $3.6 million in the second quarter, its second consecutive quarter in the red after the flatbed carrier joined Wall Street in February, but CEO Don Daseke remains upbeat.

Ari Ashe | Staff Reporter
August 9, 2017
Business, Equipment

Wabash Reaches Agreement to Acquire Supreme Industries

Trailer maker Wabash National Corp. has reached an agreement to acquire truck-body manufacturer Supreme Industries, a move that would catapult Wabash to the second-largest U.S. truck-body manufacturer as it expands its focus on e-commerce equipment.

Roger Gilroy | Senior Reporter
August 9, 2017