Business

About Business News...

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.

Business

Dayton Freight Lines Adds Memphis Service

Less-than-truckload carrier Dayton Freight Lines has opened a new terminal in Memphis, Tennessee, to expand its service offerings.

January 22, 2016
Business

U.S. Xpress Celebrates 30 Years in Trucking

U.S. Xpress officials and employees gathered Jan. 21 at the company's Tennessee headquarters to hear what co-founder, Chairman and CEO Max Fuller and his management team would say on the trucking firm's 30th anniversary.

Alex Green | Chattanooga (Tenn.) Times Free Press
January 22, 2016
Business

US Home Sales Surge More Than Forecast, Helped by Warmer Weather

Purchases of previously owned U.S. homes rose more than projected in December, helped in part by warmer weather and wrapping up the best year since 2006.

Shobhana Chandra | Bloomberg News
January 22, 2016
Business, Logistics

Boeing Patents Design for Intermodal Container Plane

Boeing has patented a design for an airplane that can pick up and carry containers in its belly, Popular Mechanics reported.

January 21, 2016
Business, Technology, Logistics

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January 21, 2016
Business

Blizzard Watch Posted From Washington to New York

A blizzard watch has been posted from Virginia to Long Island, including Washington and New York, for a storm that threatens to bring high winds and heavy snow starting Jan. 22 and lasting through the weekend.

January 21, 2016
Business, Autonomous

J.B. Hunt Earnings Rise; Rail Results Decline

Fourth-quarter trucking earnings reports kicked off with J.B. Hunt Transport Services Inc. posting 5.8% higher earnings of $116.7 million, or $1.01 per share, led by improved profits in its dedicated, over-the-road and brokerage businesses.

January 21, 2016
Business, Logistics

Proposed North Carolina CSX Container Hub Meets Opposition

When CSX announced earlier this month that it would build a $272 million container hub in Johnston County, Jennifer Edwards found out at the same time as everyone else — but in a much different way.

Drew Jackson | The News & Observer (Raleigh, N.C.)
January 21, 2016
Business

University of Memphis, FedEx Tech Institute Launch Push Into Biologistics Research

The University of Memphis on Jan. 22 will launch the Biologistics Research Cluster, in which 16 faculty members will study the bioscience industry's transportation and logistics issues.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
January 21, 2016
Business

SmartDrive Launches SmartIQ Data Analytics Platform

SmartDrive Systems, a supplier of video-based safety technology, has launched a data analytics platform aimed at helping fleets extract actionable information from the growing amount of data captured by their vehicles and onboard technology.

January 21, 2016