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.
Oliver Rubber Offers New Drive-Position Retread
Oliver Rubber Co., a provider of rubber products to the tire-retreading industry, introduced PD Drive, an open-shoulder, SmartWay-verified, drive-position retread for linehaul and regional applications.
September 17, 2015Mark Rourke Named Executive VP, COO at Schneider
Schneider has named Mark Rourke executive vice president and chief operating officer for the Green Bay, Wisconsin-based trucking and logistics service provider.
September 17, 2015Oshkosh’s Wilson Jones Adds CEO Role
Oshkosh Corp., a manufacturer of specialty vehicles and vehicle bodies, named Wilson Jones as its CEO, effective Jan. 1.
September 17, 20153.4 Million Truckers Honored as Truck Driver Appreciation Week Continues
The country’s 3.4 million truck drivers are being honored with National Truck Driver Appreciation Week, which began Sept. 13 and runs through Sept. 19.
September 17, 2015Volvo’s North American Deliveries Rise 13% in August
Volvo Group’s North American truck deliveries rose 13% in August from the same month last year, the company reported Sept. 17.
September 17, 2015Housing Starts Fall in Sign of Slow, Steady Recovery
New-home construction in the United States fell in August, indicating the real estate recovery will take time to evolve.
September 17, 2015Jobless Claims Decline to Lowest Level in Two Months
Initial jobless claims in the United States declined last week to the lowest level in two months, highlighting a resilient labor market.
September 17, 2015Americans' Outlook for US Economy Declines to Four-Month Low
Americans’ expectations for the economy sank to a four-month low in September as households fretted about financial markets and a global economic slowdown.
Thune Would Back Three-Year House Highway Bill
Senate Commerce Chairman John Thune said he would support House Republicans if they proceed with legislation that would fund transportation programs for three years, if that meant not passing a short-term highway-funding fix next month.
FedEx Net Income Rises 6%, Helped by Express
FedEx Corp. net income rose 6% to $692 million, or $2.42 per share, for the fiscal first quarter ended Aug. 31, helped by stronger results at the Express unit and held back by slow-moving U.S. and world economic trends.
September 16, 2015