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.
Trade Deficit in US Narrows in February to Four-Month Low
The U.S. trade deficit narrowed in February to a four-month low as imports declined and exports improved amid a brighter outlook for global manufacturing, Commerce Department data showed April 4.
2017: Four Daimler Brands Display at MATS Despite Support of Alternate-Year Format
LOUISVILLE, Ky. — Daimler Trucks North America, the most vocal proponent of a two-year cycle for truck shows, has actually mounted a strong presence here at the Mid-America Trucking Show despite its strong support for the new Atlanta-based event in September.
Diesel, Up 2.4¢ a Gallon, Follows Oil’s Rise to $50
The U.S. average retail price of diesel jumped 2.4 cents to $2.556 a gallon, and crude oil prices climbed out of a 2 1/2-week trough, rising to $50 a barrel but still lagging prices a month earlier
April 3, 2017Magnate Adds to Expedited Services With Purchase of Premium Transportation Logistics
Magnate Worldwide has acquired Premium Transportation Logistics, a company based in Toledo, Ohio, that provides expedited ground transportation and freight brokerage services.
April 3, 2017FedEx CEO Backed by Generals Tries to Nudge Trump on Fuel Rules
To get Donald Trump to come around to tougher fuel-economy standards, a corporate titan is calling in the troops and following a battle plan that worked when George W. Bush was president.
UPS Adds Saturday Deliveries to Meet Online Shopping Demand
UPS Inc. will add Saturday ground deliveries, making one of the biggest shipping-time changes in its 109-year history in response to rising demand from online shoppers.
US Manufacturing Expands 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.
In Warehouses of the Future, Robots Do the Walking
Warehouse workers who used to tire themselves out walking from one end of a sprawling building to the other have new tools to do their jobs more quickly and with a lot less shoe leather: robots.
April 3, 2017Trump Orders Study of 'Trade Abuse' Contributing to Deficits
President Donald Trump ordered on March 31 a comprehensive study to identify every form of “trade abuse” that contributes to U.S. deficits with foreign countries.
April 3, 2017MATS Attendees, Exhibitors Decline
The Mid-America Trucking Show reported that 72,271 people came to the show this year and 1,012 firms exhibited, drops of 3.6% and 8.2%, respectively, compared to 2016 levels.
April 3, 2017