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, Logistics

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, 2016
Business, Fuel

Oil 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.

Grant Smith | Bloomberg News
January 12, 2016
Government, Business, Safety, Logistics

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, 2016
Business, Technology

Google 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.

Alan Levin | Bloomberg News
January 11, 2016
Business, Fuel

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, 2016
Government, Business

Arkansas 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.

John Lovett | Times Record (Fort Smith, Ark.)
January 11, 2016
Business

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, 2016
Business

With 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.

Jay Greene | The Seattle Times
January 11, 2016
Business

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.

January 11, 2016
Business

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.

Maria Sheahan | Reuters
January 11, 2016