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.
UPS to Open High-Tech Package Center in California
UPS said Sept. 21 it will open a new package center in Compton, California, equipped with its latest automation technology and state-of-the-art sorting equipment.
September 21, 2016New York Seeks More Than $800 Million From UPS Over Cigarettes
UPS Inc. ought to pay more than $800 million in penalties for turning a blind eye to shipments of untaxed cigarettes to New Yorkers, lawyers for the state’s top cop said at the start of a trial.
Truck Tonnage Climbs 5.9% in August
U.S. truck tonnage jumped 5.9% in August, the largest year-over-year gain for the American Trucking Associations index since May — an increase attributed to volatility rather than clear economic growth.
September 20, 2016Daimler Shows Three Electric Concept Vehicles Focused on Urban Transportation
HANOVER, Germany — Daimler Trucks focused on improving urban transportation during its media event ahead of the IAA commercial vehicles show, presenting three electric concept vehicles.
2016 Management Conference & Exhibition Live Blog
The 2016 ATA Management Conference & Exhibition will be held at the Mandalay Bay Resort & Casino in Las Vegas, Oct. 1-4. Make this your one-stop shop for live updates, photos, video, social media and more from the event.
September 20, 2016FedEx Income Rises 12.7% in First Quarter
FedEx Corp. reported net income rose 12.7%, excluding one-time costs, for the first quarter of its fiscal 2017 calendar compared with the same period last year.
US Commerce Department Urged to Resolve Hanjin Shipping Crisis
The National Retail Federation and other U.S. trade groups are urging the Commerce Department to work with the South Korean government to resolve the Hanjin Shipping Co. crisis, which stranded an estimated $14 billion of goods at sea.
Nearly Twice as Many Transportation Initiatives on 2016 Ballots as 2012
While presidential candidates Hillary Clinton and Donald Trump dominate the election coverage, from Baldwin County, Alabama, to Los Angeles County, California, at least 57 transportation-related initiatives will appear on state and local ballots Nov. 8.
VW Truck Unit to Expand Global Presence After Navistar Deal
Volkswagen AG’s heavy-truck unit will continue to expand its global presence after striking a deal to buy a stake in U.S. peer Navistar International Corp., as the European manufacturer readies for technological change including rollouts of all-electric vehicles.
VW's MAN to Sell Trucks With New Digital Features in 2017
BERLIN — Volkswagen division MAN will next year start selling heavy-duty commercial vehicles with new digital services to make its trucks more efficient, as VW looks to challenge rivals Daimler and Volvo AB.