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.
Arconic Signs $450 Million in Agreements for Its Forged Wheels
Arconic Inc. has signed more than $450 million in long-term global agreements for its forged aluminum wheels over the past year with customers in the truck, trailer, bus and recreational vehicle segments — with its largest agreement involving truck maker Paccar Inc.
January 4, 2017Slow Freight Growth, Political Upheaval Define Year in Trucking
It was a year of generally slow growth for freight carriers as well as shifting political winds as Americans elected business mogul and reality television personality Donald Trump to be the next president of the United States.
2016 by the Numbers
As we close the books on an eventful 2016 in trucking, let’s quantify the most popular content on TTNews.com and on our social media channels this year.
January 4, 2017Top 10 Most Popular News Stories of 2016
A year after it made big splashes by acquiring Norbert Dentressangle SA and Con-Way Inc., XPO Logistics continued to make news — not with acquisitions, but in other arenas. And when XPO acts, people listen. And read.
January 4, 2017Diesel’s Rise Continues, Up 4.6¢ to $2.586
The U.S. average retail price of diesel rose 4.6 cents to $2.586 a gallon, according to the Department of Energy, as the price of oil rose past $55 to an 18-month high, then fell later in the day Jan. 3.
January 3, 2017Baylor Trucking Raises Driver Pay a Penny Per Mile
Baylor Trucking of Milan, Indiana, is the latest carrier to increase pay rates at the beginning of 2017, one that an industry analyst on driver pay believes could spread across the industry.
January 3, 2017That Bubbling Sound Coming From US Factories May Be Inflation
Champagne wasn’t the only thing bubbling at the start of 2017 for U.S. manufacturers: So was inflation, a potential warning sign in an otherwise broadly positive report on American factories.
Port of Corpus Christi Sizes Up Infrastructure to Better Handle Growth
It'll be weeks before Port of Corpus Christi officials know exactly how many ships sailed through their waters in 2016. One thing they've already learned: They'll need more space for customers in 2017.
Maine Troopers Keep State Weigh Stations Flowing Freely
They trundle down the off-ramp from Interstate 95 by the hundreds, a long parade of hissing air brakes and roaring turbocharged diesel engines.
Overcoming Teamsters Opposition, XPO Shareholders OK Higher Exec Compensation
XPO shareholders overwhelmingly approved a plan Dec. 20 to increase the maximum number of shares the company can issue to executives as compensation, to 2.5 million shares from 500,000, easily overcoming opposition from the International Brotherhood of Teamsters.
January 3, 2017