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.
Trucking Forecast Good in Short Term, but Recession Could Hit Before 2020
LAS VEGAS — Truckload carriers and freight brokers should see improved profits in late 2017 and early 2018, but FTR economist Noël Perry warned executives at the Transportation Intermediaries Association that they won’t be as robust as earlier this decade and a recession could be looming.
JaxPort Discussed Asking for $93 Million to $167 Million to Deepen Port
JaxPort officials discussed with city administrators Jacksonville paying between $93 million and $167 million to deepen 13 miles of the St. Johns River to accommodate larger ships with more cargo, according to e-mails former port authority CEO Brian Taylor deleted from his computer during his resignation last month.
E-fulfillment Warehouses Growing Not Just Wider But Higher
The growth in e-commerce has increased demand for bigger warehouses to fulfill orders, storage space that isn’t only larger in square footage but also height, according to a report from commercial realtor CBRE Group Inc.
April 10, 2017TIA Honors Five for Industry Contribution
LAS VEGAS — The Transportation Intermediaries Association honored five people for their contributions to transportation and logistics and the larger community at its conference on April 7.
Technology Hits Workers' Income Share More Than Trade, IMF Says
The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study by the International Monetary Fund.
UPS Buys First Used Boeing 767s With New Ones Out of Reach
UPS Inc. purchased its first used Boeing Co. 767s, grabbing older models that are in high demand as package shipments increase globally and production slots for new versions of the plane are sold out.
April 10, 2017Mexico Sees Swift NAFTA Rewrite as Trump Eases Rhetoric
Mexico’s top trade negotiator said he was heartened by a retreat from more protectionist rhetoric in the United States and that talks to redo the North American Free Trade Agreement may conclude as soon as January.
Opinion: American Trucking Industry Depends on Drivers
The American trucking industry depends on drivers: a simple statement but one that bears repeating. As president of American Trucking Associations, I have the great privilege of representing 3.5 million professional truck drivers, working on their behalf in Washington to make our industry better, to make their jobs easier.
April 10, 2017Editorial: Time to Streamline
It’s been another busy week for legislative efforts to improve the nation’s roads.
April 10, 2017Road Plan Expected in May
WASHINGTON — A $1 trillion infrastructure funding plan President Donald Trump intends to unveil would seek to connect private investors with officials who manage big-ticket projects, the country’s top transportation officer told port executives April 5.