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.
Amazon to Open 800,000-Square-Foot Fulfillment Center in Kansas
Amazon.com on March 24 announced a new Edgerton, Kansas, fulfillment center that will create about 1,000 full-time jobs and help the online giant’s speed-of-delivery goals.
Peloton Exec Says Platooning Technology, Access to Data Improve Freight Movement
WASHINGTON — Improvements in platooning technology and incorporating data trends will help boost fuel efficiency and freight connectivity in the coming years, Steve Boyd, co-founder and vice president of external affairs at Peloton, said at an event here.
New Mexico UPS Driver Bids Farewell to Dogs on Route
When Robert Duplichan’s bosses at UPS Inc. tell him it's against company policy to feed the dogs on his delivery route, they know he only listens to be polite. Then he goes right on dispensing Milk Bones from his truck to any animal that needs one.
Low Rail Traffic Leads to Furloughs at BNSF
BNSF Railway has about 4,800 workers on furlough nationwide, according to a company official.
US-Nafta Freight Value Falls, Truck Shipments Off the Least
The value of U.S. trade with Canada and Mexico carried by truck declined by 1.5% in January compared with a month earlier, and was the smallest decline among all modes, the Bureau of Transportation Statistics reported March 24.
March 24, 2016USA Truck Appoints Susan Chambers to Board
Truckload carrier USA Truck Inc. named Susan Chambers, a former senior executive with Wal-Mart Stores Inc., to its board as part of an effort to strengthen its governance structure.
March 24, 2016Bongo International Relaunches as FedEx CrossBorder
FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., announced the relaunch of Bongo International as FedEx CrossBorder.
March 24, 2016Boston Port to Test Limits of Terminal with Larger Containership
Massport and one of the largest shipping companies in the world plan to test the limits of Boston’s Conley Terminal in the coming weeks, bringing in the largest containership in the port’s history.
Consumer Comfort Declines to Match Low for This Year
Consumer confidence in the U.S. fell last week to match the lowest level this year as Americans grew more pessimistic about the economy and the buying climate.
U.S. Gain, Corridor Clean Fuels to Co-Brand CNG Station
U.S. Gain said it would co-brand Corridor Clean Fuels’ compressed natural gas fueling station in Dothan, Alabama, which serves as the main transportation hub for the southeastern corner of Alabama and is a main corridor for carriers in southwest Georgia and Florida.
March 24, 2016