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.
Teamsters-Backed Strikes Continue Against Two Southern California Fleets
Teamsters-backed demonstrators continued to strike against XPO Logistics and Pacific 9 Transportation, two Southern California port trucking companies, as the battle to organize drayage drivers continued.
October 27, 2015House Easily Passes Short-Term Highway Funding Patch
The House on Oct. 27 easily passed a measure that would authorize funding for highway programs through Nov. 20. The bill now heads to the Senate, where GOP leaders there are expected to show it favorable support.
October 27, 2015National Diesel Average Declines for Second Consecutive Week
The average price of diesel fuel in the United States declined 3.3 cents a gallon to $2.498, the second consecutive weekly decline, the Department of Energy reported Oct. 26.
October 27, 2015Telogis Launches iOS Apps, Partners with Element, Expands Hino Collaboration
Fleet telematics provider Telogis has unveiled a line of mobile applications for Apple devices, announced a partnership with Element Fleet Management and expanded its collaboration with Hino Trucks.
Convoy Debuts, Aiming to Be the Uber of Trucks
Trucking isn't the first thing that comes to mind when considering industries ripe for disruption.
Trimble Unveils Fleet Management Program for Oil, Gas Industry
Trimble has introduced a fleet management program for the oil and gas industry that includes the only off-road mapping service in the United States and Canada.
October 27, 2015BATIC Executive Director: ‘Congress Needs to Fund’ Infrastructure Projects
WASHINGTON — The executive director of a newly launched office at the U.S. Department of Transportation set up to help states finance infrastructure projects said Congress remains the main driver for advancing those projects.
Roadrunner Earnings to Fall Short of Expectations
Roadrunner Transportation Systems said third-quarter earnings would be 14 cents to 17 cents per share, far below the 44 cents per share average estimate, citing a combination of one-time costs and a weaker-than-expected freight market.
Wal-Mart Seeks to Test Drones for Home Delivery
Wal-Mart Stores Inc. applied to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with Amazon in using drones to fill and deliver online orders.
Orders for Business Equipment in US Unexpectedly Decline
Orders for business equipment unexpectedly declined in September as tepid global markets gave American companies little reason to expand.
October 27, 2015