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.
TransChicago Truck Group Adds Open-Deck Trailers
Truck dealership TransChicago Truck Group announced its Gary, Ind., location now is a dealership for Transcraft and Benson open-deck trailers.
July 17, 2017Appropriators to Take Up Transportation Funding Bill July 17 With Meal, Rest Break Provision
House Republican leaders are measuring the degree of support within their caucus for a provision in a fiscal 2018 transportation funding bill that would pre-empt state laws on meal and rest breaks for truckers, congressional aides told Transport Topics.
Driver in Logging Truck Stops Wild Police Chase in California
A 21-year-old Merced, Calif., man landed behind bars July 12 after leading authorities on a wild chase through Merced and Mariposa counties while hauling construction equipment with a stolen flatbed truck, the Mariposa County Sheriff’s Office reported.
Second Straight Drop in Retail Sales Shows Tepid Spending
Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.
Factory Output Increased 0.2% in June
U.S. factory production increased in June in line with analysts’ forecasts, as demand for natural resources, automobiles and machinery rebounded, Federal Reserve data showed July 14.
July 14, 2017Werner's Derek Leathers on Forecasting the Shifting Business Climate
Werner Enterprises CEO Derek Leathers discusses trucking's shifting business climate with TT's Daniel Bearth, part of our July 12 LiveOnWeb program on the 2017 Transport Topics Top 100 For-Hire Carrier rankings.
July 13, 2017Celadon Chairman, CEO Paul Will Steps Down
Paul Will, a 24-year executive with truckload carrier Celadon Group Inc., will be replaced as chairman and CEO on July 24.
Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
E-Commerce Boom a Boon for 3PLs
While the e-commerce boom has been a disruptor to the traditional brick-and-mortar retail sector, it also has benefited third-party logistics companies that assist online retailers uninterested in holding inventory at their own distribution centers.
Volvo VNL Unveiling
Volvo Trucks North America introduced a redesigned version of its VNL-series over-the-road tractor July 10, 2017, in Dublin, Va. (Joe Howard/Transport Topics)
July 13, 2017