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.
US Trade Deficit Rises to a Six-Month High of $47.1 Billion
America’s trade deficit widened in February to a six-month high as an increase in imports exceeded a more modest pickup in shipments overseas.
Capitol Agenda for the Week of April 5: A Different Darling
Who are you and what have you done with Scott Darling? The nominee to head FMCSA that we bumped into at the Mid-America Trucking Show last week was far different from the reserved acting administrator we encountered a year ago at the same event. Except for the hat. Here's the week ahead for trucking on Capitol Hill.
Diesel Declines for First Time Since February
The U.S. average retail diesel price declined for the first time since late February, the Department of Energy said April 4.
April 4, 2016An Insider's Look at the Hustle and Bustle of Amazon
Amazon.com conjures up many images in the minds of consumers, shippers and investors. But what makes it all tick are the worker bees who can number in excess of 300,000 during the peak of the Christmas shopping season. I should know, because I was once one of them.
Anthony Foxx to Talk Water Infrastructure at AAPA April 6
Enhancing the flow of freight along infrastructure projects at ports and the surrounding areas will be the focus of Transportation Secretary Anthony Foxx’s address to the American Association of Port Authorities conference April 6.
April 4, 2016Bertolino Is ATD Dealer of the Year; Parker Takes Office as Chairman
Steve Parker, new chairman of the American Truck Dealers, told members at the group’s annual convention in Las Vegas that he plans to focus on education and advocacy during his two year-term.
April 4, 2016Georgia Residents Hire Attorney, Form Nonprofit to Fight Proposed Inland Port
A group of Murray County, Georgia, residents don't want to see a bucolic 42-acre pasture on U.S. Highway 411 just north of the unincorporated community of Crandall turned into an "inland port" where shipping containers would be transferred from semi-trucks to railcars.
European Truck Platooning Challenge Nears Completion of Goal
The European Truck Platooning Challenge is scheduled to conclude April 6 at the Port of Rotterdam, when six platoons of two trucks each arrive at the APM terminal there, according to organizers.
April 4, 2016Idaho Kenworth Dealership to Undergo $4 Million Expansion
A $4 million expansion of Kenworth Sales Co. in Lewiston, Idaho, is aimed at minimizing the time it takes its customers to get their rigs back on the road.
Factory Orders Drop in February in Latest Sign Economic Growth Slowed in First Quarter
New orders for U.S. factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.