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.
FedEx Ground Workers Win in Kansas, Are Deemed Employees by Appeals Court
A federal appeals court has ruled that about 500 FedEx Ground workers in Kansas were employees in the latest of a series of recent rulings on worker status.
Navistar Becomes 3rd OEM to Skip MATS Next Year
Navistar Inc. said it will not attend the 2016 Mid-America Trucking Show, making it the third major truck manufacturer to pull out of the annual event.
Video: First FAA-Approved Drone Delivery
In what was being called "a Kitty Hawk moment," a secluded health clinic in rural Virginia received medicine from the first government-approved drone delivery July 17.
July 17, 2015Volvo's Net Income Doubles in Second Quarter
Volvo Group doubled net income for the second quarter to 5.19 billion Swedish krona ($597 million), led by stronger profits and rising sales in its truck business.
NHTSA Requests Comment on Underride Guards
The National Highway Traffic Safety Administration on July 17 announced an advanced notice of proposed rulemaking seeking comment on the cost benefits of underride guards on single-unit trucks.
Higher Rates Trigger 11% Profit Jump at J.B. Hunt
J.B. Hunt Transport Services Inc. announced second-quarter net income rose 11% to $103.4 million, or 88 cents per share, spurred by rate increases.
Video: Transplace's Ben Cubitt Offers Tips for Shipper-Fleet Relationships
What can shippers do to make themselves more appealing to motor carriers? Watch the full interview TT's Dan Bearth conducted with Transplace Senior Vice President of Consulting and Engineering Ben Cubitt for the answer.
July 17, 2015Consumer Sentiment in US Backpedals Over Concerns About Economy
Consumer confidence declined in July on concerns global risks will dim prospects for the U.S. economy.
July 17, 2015Consumer Prices in US Rose in June, Paced by Higher Rents
The cost of living in the United States rose in June for the fifth consecutive month, paced by increases in rents that are helping nudge inflation toward the Federal Reserve’s goal.
July 17, 2015Housing Starts in US Surge to Second-Highest Level Since 2007
New-home construction in the United States climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects.
July 17, 2015