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.
UPS, Google’s Schmidt Invest in Uber-Type Delivery Startup
Google Inc. chairman Eric Schmidt and UPS Inc. have invested in Roadie Inc., a service that links people who want packages shipped with people willing to drive them.
TSE Changes Name to Redwood Logistics
Transportation Solutions Enterprises, a Chicago-based company that provides a variety of transportation services, has changed its name to Redwood Logistics.
January 27, 2015Jan. 27 Roundup: Oshkosh, Caterpillar Earnings Decline
Specialty truck maker Oshkosh Corp. reported its fiscal first-quarter profit declined from a year ago, and Caterpillar Inc. said its fourth-quarter income fell.
January 27, 2015Sales of New Homes Rise to Highest Level in Six Years
Purchases of new homes in the U.S. jumped in December to the highest level in more than six years, a sign the industry is poised to keep expanding in 2015.
Orders for Capital Goods Decline, Signaling Global Growth Slowdown
Orders for business equipment unexpectedly fell in December for a fourth month, signaling a global growth slowdown is weighing on American companies.
Fierce Snowstorm Still Stalling Freight in New England; N.Y., N.J. Open Roads
New York and New Jersey have reopened their roads, but freight traffic was stalled in upper New England as snow continued to fall farther north in Massachusetts and Maine and trucks were forced to layover in states to the south and west.
Blizzard Dies Out in New York, Roars Through New England
The New York region lurched back to life after a storm advertised as a potentially life-threatening blizzard ended up as a mundane winter snowfall.
FedEx Delivers Lombardi Trophy for Super Bowl XLIX
FedEx Corp. played an important role in the preparations for Super Bowl XLIX by delivering a key piece of hardware to the game — the Vince Lombardi Trophy.
January 26, 2015West Coast Negotiators Reach Chassis Deal
West Coast port contract negotiators have reached an agreement on how to handle chassis-related issues, raising hopes for a tentative contract agreement.
January 26, 2015Trucking Industry to Congress: Raise Fuel Taxes
American Trucking Associations is calling on members of the 114th Congress to approve an increase of federal fuel taxes to fund infrastructure programs under a long-term highway bill this year.