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.
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.
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.
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.
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.
TravelCenters of America Reports Net Loss of $3 Million in Second Quarter
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.
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.
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.
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.
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.