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.
ATRI Seeks Input on Truck Platooning
The American Transportation Research Institute is seeking input from truck drivers and motor carriers on truck platooning.
S.C. Ports Volume Rises 17% in October
Container volume at South Carolina ports increased 17% in October from the same month last year, according to the state’s port authority.
November 20, 2014Previously Owned Home Sales Increase to One-Year High
Purchases of previously owned U.S. homes unexpectedly rose in October to a one-year high as low borrowing costs helped sustain the recovery in residential real estate.
November 20, 2014FedEx Freight Workers Vote for Teamsters at N.C. Terminal; Union Calls Off N.J. Election
Workers at a FedEx Freight terminal in Charlotte, North Carolina, voted to be represented by the Teamsters union, while Teamsters withdrew a petition for an election at FedEx Freight’s terminal in South Newark, New Jersey.
New York Carriers Still Rolling With Record Snowfall, Thruway Closure
In upstate New York, a western part of which is buried in snow depths of 5 feet, carriers said their trucks are still rolling, despite the continued closure of the New York State Thruway.
Fewer Than 300,000 Americans File Jobless Claims for 10th Week
Fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.
November 20, 2014White House Nominates NTSB Board Member Rosekind to Lead NHTSA
Mark Rosekind, a member of the National Transportation Safety Board, has been nominated to run the National Highway Traffic Safety Administration. The White House made the announcement Nov. 19.
Navistar Unveils Truck Designed for Disaster Relief Efforts
WASHINGTON — Navistar Inc. has introduced a versatile truck designed to aid disaster relief efforts across the globe.
Logistics Spending on an Upward Trend
Spending on logistics services is expected to accelerate in 2014 as the economy in the United States continues to expand and more companies outsource transportation management to third-party logistics companies.
November 19, 2014Key House Democrat DeFazio Sees Opportunity to Pass Long-Term Highway Bill Next Congress
Rep. Peter DeFazio of Oregon, elected Nov. 19 as the House Democrats’ top transportation leader in the next Congress, told Transport Topics this week he is hopeful about Congress’ chances of advancing a long-term highway bill before the current law expires in May.