IMF Cuts US Economy Outlook, Calls Trump's Growth Target Unlikely
The International Monetary Fund cut its outlook for the U.S. economy, removing assumptions of President Donald Trump’s plans to cut taxes and boost infrastructure spending to spur growth.
June 28, 2017Wisconsin DOT Gets Corporate Sponsor
The Wisconsin Department of Transportation announced June 26 that it has sold corporate sponsorship of the department’s roadside assistance services to insurance giant State Farm.
June 28, 2017Navistar Announces Management Shake-Up
Navistar International Corp. promoted Michael Cancelliere to president of the truck and parts businesses and shitfed Bill Kozek from that job to a focus on electric vehicles and disruptive technologies.
June 28, 2017John Sommers' Favorite Trucking Photos
Freelance photographer John Sommers has been taking trucking photos for Transport Topics since 2010. As part of our celebration for the launch of the redesigned TTNews.com, we wanted to show you what our photo galleries would look like, and asked John to pick out his favorite images that he has shot for us. Enjoy!
June 28, 2017Amazon to Become Major Produce Shipper With Purchase of Whole Foods
With its pending purchase of the Whole Foods grocery chain, Amazon.com will become a major shipper for fresh produce, a transport market that has always been difficult and is now getting even more challenging.
June 28, 2017Some Shippers Implement Longer Payment Policies
Some shippers are taking longer to pay freight bills, forcing carriers and brokerage firms to accept either discounts on invoices paid within a shorter payment cycle or to absorb additional expenses associated with extending credit to customers.
June 27, 2017XPO Plans 'Testing Ground' for the Future of Logistics
XPO Logistics is designing a testing center for the next generation of supply chain management, which would automate warehousing, CEO Brad Jacobs told Transport Topics in a one-on-one interview.
June 27, 2017Gas Prices See Record Lows Just in Time for Holiday Weekend
National gasoline prices are hovering at an all-time low for the year at $2.26 per gallon — the lowest they’ve been since February, according to auto club AAA.
June 27, 2017Welcome to the Redesigned TTNews.com!
We welcome you to a brighter, better TTNews.com experience, whether you're on a phone or your desktop! Click here for a recap of our 'relaunch day' special coverage, plus a way to offer feedback.
June 27, 2017FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground
FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.
June 26, 2017