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.
Existing Home Sales Fall 3.4% in October
Sales of previously owned U.S. homes retreated in October from the second-highest level since 2007 as lean inventory limited momentum in residential real estate.
November 23, 2015DHL Express Announces 4.9% Rate Hike in 2016
Package carrier DHL Express on Nov. 19 announced a 4.9% average rate increase for U.S. customers next year, matching the direction of package pricing adjustments by UPS Inc. and FedEx Corp.
November 23, 2015Cyber Monday Will Come Early for Wal-Mart Shoppers
Wal-Mart plans to start offering its Cyber Monday deals on more than 2,000 items starting at 8 p.m. the Sunday night before.
November 23, 2015Volvo Heavy-Duty Deliveries Rise Slowly
The Volvo Group said its wholly owned operations delivered 20,193 trucks of all sizes across the globe in October, up 2.8% compared with September.
November 23, 2015Werner Launches 3-Year Mechanic Apprenticeship Program for Veterans
Werner Enterprises has started a 36-month diesel mechanic apprenticeship program that the truckload carrier said has been approved by the Department of Veterans Affairs.
November 23, 2015Columbia Group Opens N.J. Chassis Depot
Columbia Group of Cos. announced the opening of a chassis depot in Bayonne, New Jersey, to give truckers more options to obtain equipment.
November 23, 2015Lessors, Carriers React Positively to New Lease Reporting Standard
After years of study, the Financial Accounting Standards Board has voted to proceed with a new standard for reporting lease obligations.
Class 8 Sales Decline 12.6%
U.S. retail sales of Class 8 trucks declined on a year-over-year basis in October for the first time in 26 months as a softer economy sent mixed signals to the industry.
Letter: Thanks for Helping Train Technicians
The Diesel Equipment Technology program at Northeastern Junior College in Colorado has come a long way in the four years that I have been teaching here. It went from two graduates to about 14.
November 23, 2015Opinion: ITS: A Path Forward for Transportation’s Future
It’s hard to believe, but on average, more than 90 people die each day in motor vehicle crashes across the United States.
November 23, 2015