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.
Infinity Logistics Expands Routes Linking Pacific Northwest With Miami, Toronto
Infinity Transportation Logistics, which provides refrigerated intermodal services, has announced the addition of new routes linking the Pacific Northwest with Miami and Toronto.
January 12, 2016Oil Trades Near 12-Year Low as US Surplus Seen Worsening
Oil rose from the lowest close in more than 12 years in New York as volatility climbed amid speculation that prices have fallen too fast.
Rep. Doris Matsui Headlines UC Davis’ Freight Discussion on Capitol Hill
Rep. Doris Matsui (D-Calif.) will share her perspective on the economic benefits realized when freight corridors are improved at an event hosted by the National Center for Sustainable Transportation on Jan. 12 on Capitol Hill.
January 11, 2016Google Exec Says Package Delivery by Drone Possible Within a Few Years
Product delivery-by-drone in urban areas may be possible within a few years if the U.S. government and the aviation industry agree to work cooperatively on the new technology, the chief of Google Inc.’s drone cargo project said Jan. 11.
Diesel Falls to $2.177, Down 3.4¢; Gasoline Below $2
The U.S. average retail diesel price fell for the ninth consecutive week, down 3.4 cents a gallon to $2.177, the Department of Energy reported Jan. 11.
January 11, 2016Arkansas Trucking Association President Supports Gas-Tax Hike
The Arkansas Trucking Association supports an increase in the state’s portion of the gasoline and diesel tax to make roads and bridges safer.
Natso’s Online Learning Program Offers Responses to Worst-Case Scenarios
Natso, the trade association representing the travel-plaza and truck-stop industry, said its foundation launched an online learning program to help teach members of the industry how to respond to requests for help from people in need of assistance in various life-threatening scenarios.
January 11, 2016With Delivery Ambitions, Amazon Takes on Industry Giants UPS, FedEx
Within a few weeks, Amazon.com Inc. will begin competing directly with longtime partners UPS Inc., FedEx Corp. and DHL.
Rail Traffic Worrisome for US Economy, Bank of America Says
It's not the jobs report or the latest housing data but railway cargo that has analysts at Bank of America concerned.
Global Airfreight Demand May Have Bottomed Out, IATA Says
The decline in global demand for airfreight may be bottoming out, with cargo volumes growing month-on-month in November, the International Air Transport Association said Jan. 11.