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.
Opinion: A Brief History of Trucking Documents
They say that information is as important as the freight, as if that’s a recent idea. It isn’t.
January 2, 2017Editorial: Curtain Rises on 2017
How could someone not have a lot of questions about the year just starting? We are very happy our job is to report the news and not predict it. Not to wish away a year of life, but we can’t wait to read our “year in review” story in 11½ months.
January 2, 2017Letters: Skepticism Over Hydrogen Claims, Shipper Tactics
The Nikola One isn’t actually a zero-emissions vehicle when you see the entire process.
January 2, 2017November Trailer Orders Down 8%; Still Strongest Month of 2016
U.S. trailer orders in November were more than 36,000 and, while the strongest month of the year, they fell just short of the year-earlier volume, analysts said.
EPA Plans to Propose Regulation to Tighten NOx Limit in 2024
The Environmental Protection Agency is beginning work on a proposed rule that would set new standards to further reduce nitrogen oxide emissions from heavy-duty truck engines beginning in 2024, the same year a provision kicks in for the agency’s heavy-duty Phase 2 greenhouse-gas program.
2017 Year in Preview: ‘Expect the Unexpected’ for Trucking, Nation
Uncertainty dominates the outlook for trucking and freight transportation in 2017.
FedEx Net Income Up 1.3% in 2Q, Tempered by Decline in LTL Profit
FedEx Corp. reported profits rose 1.3% for its fiscal second quarter versus one year ago, as growth was hampered by a decline in profitability at the less-than-truckload division, according to the company’s Dec. 20 earnings release.
Diesel, Crude Prices Ascend to 2016 Peaks at Year’s End
The average U.S. retail price of diesel jumped 1.3 cents a gallon to $2.54, the Department of Energy reported Dec. 26, as the price of oil rose past $53 a barrel because evidence is growing that plans to cut production will jell.
Schneider Files to Go Public; Family, Execs to Keep Control
Truckload and intermodal carrier Schneider National Inc., No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed financial documents with the Securities and Exchange Commission on Dec. 22 as a prelude to the company going public, possibly later this year.
Navistar Trims Net Losses in 4Q, Fiscal 2016
Truck and engine maker Navistar International Corp. reported lower net losses, year-over-year, for its fourth quarter and 2016 fiscal year ended Oct. 31.