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.
More Suppliers Are Unsure About Exhibiting at MATS
By mid-autumn, trucking suppliers usually are well into preparations for the Mid-America Trucking Show that takes place each March, but this year is different.
Trucking Fleets Report Mixed Third-Quarter Profits
Earnings reports from ArcBest Corp., USA Truck and Expeditors International of Washington presented a mixed picture of freight trends in a softening economy.
House Passes Highway Bill
A multiyear highway bill that would reform a controversial safety performance scoring program for carriers and set in motion a program to expand the role of young truckers in interstate commerce easily passed the House on Nov. 5.
Opinion: ELD Mandate’s Effect on Day-to-Day Operations
The electronic logging mandate is upon us and can’t be ignored. Although we all have heard about the technical changes the mandate will bring, we haven’t heard as much about the effect it will have on operations.
November 9, 2015Editorial: The House's Highway Bill
After so much talk — and even more short-term extensions — Congress appears finally ready to approve a long-term highway bill.
November 9, 2015Analysts: Amazon May Launch Own Package Delivery Fleet
Amazon.com Inc., the world’s largest online retailer, may be close to launching a third-party transportation and logistics service and reportedly has begun recruiting executives to develop its own delivery fleet, according to industry sources and recently published reports.
3Q Fleet Failures Remain Low, Aided by Fuel, Rates, Capacity
Fleet failures remained at historically low levels in the third quarter as fuel, rate and capacity conditions remained favorable enough to keep marginal fleets afloat, according to a new report.
Michigan OKs Fuel Tax Increase in $1.2 Billion Infrastructure Plan
After making little progress for months in producing a bipartisan highway bill, both chambers of the Michigan Legislature passed two bills not long before midnight Nov. 3 that eventually will deliver $1.2 billion for the state’s roads.
3Q Intermodal Freight Growth Slows to 3.4%; Fuel Prices, Capacity Stunt Domestic Business
Growth in truck-rail freight slowed to 3.4% in the third quarter, the Intermodal Association of North America reported, as domestic growth was stunted by truckers taking advantage of favorable fuel prices and capacity.
XPO Completes Con-way Purchase; Picks LTL Chief, Begins Cost Cuts
XPO Logistics Inc. last week began consolidating its latest acquisition, Con-way Inc., and also announced higher profit targets as well as revenue that tripled in the third quarter.