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.
FedEx Executives Logging Face Time With Trump, Pence
Top FedEx officials are logging face time with the Trump administration in Washington this week.
Trump May Need a Second Term to See Fruits of His Trade Deals
So far, President Trump has mostly declared policy 140 characters at a time, or through flurries of executive orders. But history shows that trade deals, a major priority for the new administration, are the opposite of quick tweets: a painstakingly slow process.
Cummins Fourth-Quarter Income Rises as Revenue Dips
Independent engine maker Cummins Inc. posted higher fourth-quarter net income and slightly lower revenue.
February 9, 2017Dana Fourth-Quarter Income Surges on Revenue Rise, Tax Break
Components supplier Dana Inc. saw fourth-quarter net income surge as a result of a tax benefit and a 5% increase in revenue compared with the same period in 2015.
February 9, 2017Jobless Claims Fall to Lowest Since November
Applications for unemployment benefits in the United States declined last week to an almost three-month low, echoing a vibrant job market.
Radiant Posts Higher Earnings; Echo Global, Forward Air Slip
Three transportation and logistics companies reported quarterly earnings after the market closed Feb. 8, with two that recorded year-over-year declines and one that showed improvement.
February 8, 2017It's No Accident How YRC Trucker Don Robinson Drove Millions of Miles Safely
For the record, Don Robinson knows exactly when and where his personal and professional milestone happened: 9 p.m. on Oct. 8 in the northbound lane of Interstate 71 in Ohio.
ArcBest Remains Profitable, But Earnings Dip From 2015 Level
ArcBest Corp. remained profitable for both the fourth quarter and all of 2016 but at lower levels than the year before, the Fort Smith, Arkansas, carrier said Feb. 8.
World’s Biggest Shipping Company Voices Alarm at Trump Trade War
A.P. Moller-Maersk A/S, the owner of the world’s biggest container shipping line, is paying particular attention to noises coming from the United States that suggest the new administration is moving closer to a trade war with China.
February 8, 2017Allison Reports Higher Fourth-Quarter Net Income as Revenue Dips
Allison Transmission Holdings Inc., the largest global provider of commercial-duty fully automatic transmissions, reported higher net income in its fourth quarter, based on various adjustments as sales fell 2% year-over-year.
February 8, 2017