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.
J.B. Hunt Inc. Opens Its First Enterprise Sales Branch in Canada
J.B. Hunt Transport Services Inc. opened an “enterprise sales branch” in Toronto, its first such office in Canada, the intermodal and truckload carrier said.
March 30, 2017Firestone Boosts Price of Air Spring Products
Firestone Industrial Products announced an average price increase of up to 6% on its heavy-duty and light-duty air spring products.
March 30, 2017Amazon Wants Cheerios, Oreos and Other Brands to Bypass Chain Stores
Amazon.com has invited some of the world's biggest brands to its Seattle headquarters in an audacious bid to persuade them that it's time to start shipping products directly to online shoppers and bypass chains like Wal-Mart, Target and Costco.
March 30, 2017Indiana's Pozzo Truck Center Celebrates 95th Year as Mack Dealer
Pozzo Truck Center Inc. recently achieved a milestone in its history of serving Mack customers as it celebrated its 95th year as a Mack Trucks dealer, the truck maker said
March 30, 2017Uber Crash Shows Human Traits in Self-Driving Software
A recent crash involving an Uber Technologies Inc. driverless car suggests autonomous software sometimes takes the same risks as the humans it may one day replace.
‘Time Might be Right’ for Bipartisan Infrastructure Bill, Sen. Nelson Says
The mood on Capitol Hill is suitable to advancing a long-term infrastructure funding package, the top Democrat on the Senate Commerce Committee said he told Vice President Mike Pence this week.
Truckload Turnover Rate Drops to Lowest Level in Six Years
Driver turnover at large truckload fleets declined to 71% in the fourth quarter, the lowest level in six years, according to a new report from American Trucking Associations released March 29.
March 29, 2017Online Freight Firm Freightos Raises $25 Million in Funding
Freightos, an online marketplace for international shipping, said on March 29 that it raised $25 million in funding led by GE Ventures, bringing the company's total funding to date to $50 million.
Ryder to Outfit Commercial Rental Fleet With Advanced Safety Technology
Ryder System Inc. announced that all new vehicles that come into its North American commercial rental fleet now will include innovative safety technologies, such as forward-looking radar and collision mitigation systems.
March 29, 2017Boeing Makes Billion-Dollar Bet on 747 Hauling Cargo, Not People
Boeing Co. has a temporary plan to save the iconic but slow-selling 747 jumbo jetliner: buying its own planes and leasing them to cargo haulers.