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.
Intermodal Rail Traffic Rises to Highest Level on Record
U.S. rail intermodal traffic rose to the highest level on record for the week ended June 13, the Association of American Railroads reported.
June 17, 2015Final Rules Could Clear the Way for Widespread Drone Use by Next Year
WASHINGTON — U.S. commercial drone operations could take flight on a large scale by this time next year, as federal regulators finalize rules allowing widespread unmanned aerial system use by companies, according to congressional testimony on June 17.
West Coast Ports Report Higher Cargo Volumes in May
Three West Coast ports have reported higher cargo volumes in May compared with a year earlier.
RoadOne IntermodaLogistics Receives Investment From Private Equity Firm
RoadOne IntermodaLogistics said it has received an investment from Tritium Partners, a private equity firm based in Austin, Texas.
June 17, 2015J.J. Keller Offers ALK Navigation on Compliance Tablet
J.J. Keller & Associates has added ALK Technologies’ CoPilot Truck navigation software as an option on the J.J. Keller Compliance Tablet.
June 17, 2015ATA's Graves: Fuel Tax ‘Viable Revenue Source’ for Trust Fund
WASHINGTON — American Trucking Associations President Bill Graves told House lawmakers June 17 increasing fuel taxes would ensure investments for highway programs are met for the next several years.
Amazon Considering Skipping Carriers, Paying Regular People to Deliver Packages
Amazon.com is developing an app that would pay regular people, rather than carriers like UPS Inc., to deliver packages, the Wall Street Journal reported.
June 17, 2015Obama’s Fast-Track Trade Bill Set for New Vote in House
The House plans to vote June 18 on a bill to revive President Obama’s fast-track trade proposal, members were told June 17.
US Drivers Take Equivalent of 3,900 Trips to the Sun as Refiners Churn Out Gasoline
Oil supplies are abundant. America’s refiners are running the hardest in 10 years. So why isn’t the country awash in gasoline?
June 17, 2015FedEx Adjusted Net Income of $753 Million Reflects Improved Unit Results
FedEx Corp. reported net income, excluding one-time costs, of $753 million, or $2.66 per share, for its fiscal fourth quarter ending May 31 that included improved results at the Express, Ground and Freight units.
June 17, 2015