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.
The $15 Million Flying J Party Mansion Up For Sale
In the early 1990s, Tamra Call and her husband, O. Jay Call, began to look for a vacation property that they could develop and eventually retire on.
Port Everglades Cargo Volume Rises to Highest in 90 Years
The final month of 2016 produced record-setting cargo movement through Port Everglades and marked the highest producing month in its 90-year history, port officials announced.
US Trade Gap Widens in 2016 as Exports, Imports Both Shrink
The U.S. trade deficit widened in 2016 to the biggest since 2012 as exports fell more than imports, though a narrowing gap in December suggests demand is stabilizing overseas for American goods.
Oil Declines on Projected US Crude, Gasoline Supply Gains
Oil dropped to the lowest in more than two weeks amid estimates that U.S. crude and gasoline inventories continue to climb.
Job Openings Little Changed in December as Hiring Rises Slightly
Job openings were little changed at still-elevated levels in December, signaling steady progress in U.S. employment, a Labor Department report showed Feb. 7.
February 7, 2017Trump Should Play Nice in Nafta Talks, US Chamber Chief Says
President Trump should renegotiate Nafta in a way that builds upon — rather than hinders — the movement of goods and people between Canada, the United States and Mexico, the head of the U.S. Chamber of Commerce said.
Diesel Creeps Lower Again, Falling 0.4¢ to $2.558
The U.S. average retail price of diesel fell 0.4 cent to $2.558 a gallon as crude oil prices were buffeted by a strong dollar and settled at about $53 a barrel while U.S. rig counts continued to rise, analysts said.
YRC Worldwide Loses $7.8 Million in Fourth Quarter
YRC Worldwide Inc. posted a net loss of $7.8 million in the fourth quarter, better than $23.5 million in the red from the same period in 2015, but the carrier still fell short of industry analysts' expectations.
February 6, 2017Trucking Companies Remain Committed to Alternative Fuels Despite Low Diesel Prices
About five years ago, when diesel prices were averaging around $4 a gallon, John Sheehy began looking into alternative-fuel vehicles as a potential solution to rein in his trucking company’s rising costs.
How One Exec Went From Growing Up Poor in Tennessee to Leading a $100 Million Shipping Business
When Johnny Jones was a 12-year-old boy growing up poor in East Ridge, Tennessee, he had one pair of pants and one shirt.