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.
Trucks With 3-D Printers Coming From Amazon?
Amazon.com Inc. filed several patents for a system of printing three-dimensional products on-demand from inside a delivery truck, the Wall Street Journal reported.
April 2, 2015Factory Orders Increase for First Time in 7 Months
U.S. factory orders rose 0.2% in February, the first increase since July, the Commerce Department reported April 2.
April 2, 2015Jobless Claims Decline to Nine-Week Low
The fewest Americans in nine weeks filed applications for unemployment benefits, a sign of further strength in the labor market that will continue to support the U.S. expansion.
April 2, 2015ATA Says Truckload Turnover Stuck at Historically High Levels
Truckload driver-turnover rates remains stuck at historically high levels for fleets of all sizes, American Trucking Associations reported.
April 1, 2015Intermodal Rail Traffic Rises to 2007 Level in March
Intermodal rail traffic rose to a weekly average of 550,291 units in March, the highest weekly average for the month since 2007, the Association of American Railroads reported.
April 1, 2015UPS to Build 15 CNG Stations, Deploy 1,400 CNG Tractors and Delivery Vehicles
UPS Inc. plans to build 15 compressed natural gas fueling stations to support its purchase and deployment of 1,400 new CNG vehicles over the next year.
ARTBA Analysis: 61,000 Bridges in Need of Significant Repair
A recent review of federal data by the American Road and Transportation Builders Association concluded that more than 61,000 structurally deficient bridges nationwide require significant upgrades and repairs.
Port of Baltimore Receives Grant to Continue Truck Replacements
The Port of Baltimore said it received a federal grant to continue a popular program that replaces old diesel trucks serving the port with newer, cleaner trucks.
April 1, 2015UTi Worldwide Loss Widens in Fiscal 4Q
UTi Worldwide Inc. said its fiscal fourth-quarter loss nearly doubled to $103.2 million, or $1.02 per share, as results worsened in the freight forwarding unit and severance costs added to the loss.
April 1, 2015BNSF Slows Oil Trains Ahead of Peers
BNSF Railway Co., the largest hauler of crude by rail, moved ahead of U.S. peers in the push for safety by reducing oil-carrying train speeds beyond an agreement last year between regulators and the railroads.