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.
Video: Interview With Brad Jacobs of XPO Logistics
XPO Logistics CEO Brad Jacobs talks with Transport Topics' Dan Bearth on why he expects to see more outsourcing of transportation services by shippers.
April 14, 2015Marten Transport’s 1Q Profit Nearly Doubles
Marten Transport said first-quarter earnings nearly doubled from a year ago.
J.B. Hunt’s First-Quarter Income Jumps
J.B. Hunt Transport Services’ first-quarter income jumped to $91.9 million, or 78 cents per share, from $68.7 million, or 58 cents, a year ago.
April 14, 2015Retail Sales Rise Less Than Forecast in March
Sales at U.S. retailers rose less than forecast in March after being depressed by harsh winter weather, signaling consumers are intent on not overextending themselves.
April 14, 2015Investments Are Reshaping Logistics Industry
An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry’s landscape.
April 13, 2015Diesel Falls 3¢ to $2.754; Price Is Lowest Since 2009
Diesel’s national average price fell to the lowest level since 2009, dropping 3 cents to $2.754 a gallon, the Department of Energy reported April 13.
Top Transport Execs Tell Washington: Fix Infrastructure Funding Now
ORLANDO, Fla. — Executives from four of the largest U.S. transportation companies have a blunt, direct message to the Washington political establishment: do what’s needed to support infrastructure improvements now or risk real damage to the economy and competitiveness.
US Oil Boom Could End in May After Price Collapse
The shale oil boom that pushed U.S. crude production to the highest level in four decades is grinding to a halt.
GE to Sell GE Capital Assets
General Electric Co. said it will sell most of its GE Capital assets in the next two years and focus on its traditional industrial and manufacturing businesses.
Goodyear Enhances Fuel Max Lineup
Goodyear Tire & Rubber Co. has added a retread option for its Fuel Max line of truck tires the company started rolling out in the fall.
April 13, 2015