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.
Teamsters Union Scores Victory With Intermodal Workers
A battle to unionize is ongoing at Parsec Inc., a company that provides equipment and other services to those in the intermodal section, as the Teamsters won a second victory.
July 17, 2017J.B. Hunt Reports 6.8% Drop in 2Q Profits, Missing Analyst Forecasts
J.B. Hunt Transport Services Inc. kicked off the earnings reporting season on a sour note for the truckload industry, announcing profits dropped 6.8% year-over-year and missing the Bloomberg News consensus forecast of industry analysts.
Ingram Micro to Offer Amazon Prime Fulfillment Service
A&R Logistics, Georgia Ports Team on Plastic Resin Initiative
A&R Logistics will collaborate with the Georgia Ports Authority to start a supply chain to export plastic resins out of the Port of Savannah.
July 17, 2017Ward Transport Launches Improved Expedited LTL Service
Ward Transport & Logistics Corp., based in Altoona, Pa., announced it is offering real-time quotes and truck availability for expedited shipments.
July 17, 2017Sun Valley Secret Tech Demos Feature Trucking Networks, Quantum Physics
Nearly all of the biggest names in media and technology descended on Sun Valley, Idaho, July 11-16, and in the mix this year were trucking networks, spider silk and quantum physics.
Americans Feel Good About the Economy, Not so Good About Trump
Almost six months into Donald Trump’s presidency, Americans are feeling fairly optimistic about their jobs, the strength of the U.S. economy and their own fortunes. That should be welcome news for the president, except for one thing: The public’s confidence largely appears to be in spite of Trump, not because of him.
Navistar Begins Selling Telematics Service
Navistar International Corp.’s OnCommand Connection Telematics product is available for purchase, as scheduled, after being introduced in March.
July 17, 2017TPS Logistics Creates Subsidiary
TPS Logistics launched subsidiary company Beauty Logistics.
July 17, 2017Instantly Rechargeable Vehicle Battery Emerges at Purdue
A technology developed by researchers at Purdue University could provide an “instantly rechargeable” method that is safe, affordable and environmentally friendly for recharging electric and hybrid vehicle batteries, according to the West Lafayette, Ind., school.
July 17, 2017