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.
Companies in US Added 263,000 Employees in March, ADP Says
Companies added workers to U.S. payrolls in March at the fastest pace since December 2014 on solid gains in construction and manufacturing and at small businesses, data from the ADP Research Institute in Roseland, N.J., showed April 5.
Kevin Burch: Taking the Story of Trucking to the White House
I love trucks. As I travel the country as chairman of American Trucking Associations, I wear a simple button with a simple message: “I Love Trucks.” I even wear it in my official ATA chairman’s portrait. It’s a button I encourage everyone I meet to wear. It starts conversations about this great industry and gives me a chance to tell our story.
Capitol Agenda for the Week of April 4: Lighting a Fire Under Infrastructure Urgency
The section of I-85 that collapsed in Atlanta last week didn't collapse on its own, but the ensuing traffic nightmares are symptomatic of the nation's overall infrastructure crisis. Will that incident help prompt action in Congress? Eno's Jeff Davis joins Eugene Mulero to take a look at the week ahead for trucking on Capitol Hill.
Minnesota Legislators Debate Who Pays if Freight Train, Light Rail Collide
Residents have long worried about plans for Southwest light rail to operate alongside freight trains hauling ethanol, especially in densely populated areas such as Minneapolis.
Infrastructure Overhaul May Top $1 Trillion, Cut Red Tape: Trump
President Donald Trump vowed on March 4 to cut red tape to speed up approval of infrastructure projects and said his overhaul could top $1 trillion on roads, tunnels and bridges, one of his 2016 election campaign promises.
Saia Partners With TST Overland Express for Cross-Border LTL Service
Saia Inc. has signed a deal to partner with TST Overland Express to provide cross-border less-than-truckload service between the United States and Canada, effective May 22.
April 4, 2017Analysis: What's Really Driving the Trade Deficit With China
Before President Trump can shrink America's lopsided trade deficits — with China or anyone else — he first must recognize what's driving them.
Ridgemont Equity Partners Invests in Dickinson Fleet Services
Private equity firm Ridgemont Equity Partners has invested in the maintenance services company Dickinson Fleet Services, but financial terms of the transaction were not disclosed.
April 4, 2017Manufacturing in US Kept Expanding at Robust Pace in March
America’s factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3.
Roadrunner Fires Chief Financial Officer Peter Armbruster
Roadrunner Transportation Systems Inc. terminated chief financial officer Peter Armbruster on March 29, two months after the company admitted it would have to refile quarterly and annual earnings reports from 2014 forward due to accounting errors and record a goodwill impairment charge up to $200 million on two previous acquisitions.