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.
Editorial: Amazon Invests in the Future
We’ve all heard the saying, “You have to spend money to make money.” A recent announcement from Amazon.com indicates that it is willing to invest heavily to expand its in-house delivery capabilities and boost its e-commerce business.
February 13, 2017ATA Infrastructure Group Urges Action on Funding
WASHINGTON — Transportation Secretary Elaine Chao and congressional leaders were urged to take bold action to solve the nation’s long-standing shortfall in infrastructure development during meetings with American Trucking Associations’ Infrastructure Task Force.
Transport ‘Lockbox’ Advocates Say Success Requires Simplicity
Advocates who helped transportation lockboxes receive approvals from voters in Maryland, Illinois and New Jersey in 2014 and 2016 said that keeping the proposals simple is critical to their success at the polls.
LTL Fleets Post Profits for 2016 But Come Up Short of Forecasts
Recent less-than-truckload earnings reports point to a sector that ended 2016 profitably but at lower levels than the year before.
Equipment Suppliers Post Quarterly Gains
Equipment manufacturers and diversified suppliers reported mostly stronger fourth-quarter results.
Tighter Brokerage Margins Crimp 3PL Profits
Third-party logistics companies reported a flurry of quarterly earnings, many with lower profits compared with a year ago.
Intermodal Rail Traffic Up as Turnaround Takes Hold
Intermodal rail traffic grew slightly in the fourth quarter, but it wasn’t enough to reverse a 2.1% decline in total volume for 2016, according to the Intermodal Association of North America.
Tire Price Increases as High as 8% Likely
Fleets can expect single-digit increases in tire prices soon, as several manufacturers issued price hikes set to take effect this year.
Cartoon Caption Classic: Week Two Results
In Week Two of the Cartoon Caption Classic, two of our three top seeds were eliminated as voters trimmed our overall classic field from 12 competitors to just six. Here's a look at the Week Two cartoon, captions and voting results:
February 13, 2017Autonomous Vehicles to Run on Data
The financial arm of computing firm Intel is investing $250 million in autonomous vehicle technology, targeting three areas that the company’s leader believes will place Intel at the forefront of an approaching wave of change in transportation.
February 10, 2017