Business

About Business News...

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.

Business

Vote: Is 'Road Rage' Getting Worse? Florida Truckers Say So

If commuters only understood. That is the prevailing mentality of truck drivers when it comes to courtesy, and the lack thereof, on Florida’s highways. Take our one-question poll on whether you think road rage is on the rise.

Benjamin Conarck | The Florida Times-Union (Jacksonville, Fla.)
January 6, 2017
Business, Logistics

Trucking Executives Frustrated Shippers Trying to Lock In Low Rates

While many in the industry believe this year will be better than 2016, trucking executives are concerned about shippers trying to lock in low rates to get ahead of the curve on the contract market.

Ari Ashe | Staff Reporter
January 6, 2017
Business

Truckload Spot Rates Show Trucking Industry Rebound in 2017, Analysts Say

An index that measures truckload pricing showed that spot rates continue to exceed contract rates, which analysts predict will result in a rebound in the industry in 2017.

January 6, 2017
Business, Logistics

Best Logistics Group Acquires Carpet Distribution Firm

Best Logistics Group has purchased C&S Carpet Distribution, a carrier based in Dalton, Georgia, that provides consolidation and delivery services for manufacturers of carpet and floor coverings located in Northwest Georgia.

January 6, 2017
Business

Americans See Enduring Wage Gains as Labor Market Tightens

After six straight years of annual job gains topping 2 million, America’s labor market is as tight as ever, and it’s entering the next phase: an enduring pickup in wages.

Sho Chandra | Bloomberg News
January 6, 2017
Business

Snow Disrupts FedEx Hub, But Memphis Airport Remains Open

Snow disrupted operations at the FedEx Express Memphis hub overnight and prompted Delta Air Lines to cancel four Jan. 6 afternoon flights between Memphis and Atlanta.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 6, 2017
Business

Greenbrier Surges as Rail-Car Maker Sees Recovery Next Year

Greenbrier Cos. jumped the most in four years as the railcar maker said a recovery in freight volume means 2018 earnings will be stronger than analysts have been expecting.

Thomas Black | Bloomberg News
January 6, 2017
Government, Business, Technology, Equipment

Smart Windshields Seen as the New Ad Billboards

The next frontier in digital advertising may be your car’s windshield.

Alex Webb | Bloomberg News
January 6, 2017
Business

Norm Ellis Named President of Electronic Logging Device Firm ERoad

ERoad, a supplier of electronic logging devices, said it has hired industry veteran Norm Ellis as its president.

January 6, 2017
Business

Factory Goods Orders Fall, But Trend Points to Recovery

New orders for U.S.-made goods fell in November, weighed down by a plunge in the volatile civilian aircraft category, but the underlying trend suggested manufacturing is gradually firming.

Lucia Mutikani | Reuters
January 6, 2017