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.
Oversize Cargo Keeps U.S. Production on Track
Railroad and trucking operators are hauling more oversize cargo, helping to keep U.S. manufacturing activity on track for growth.
Intermodal Rail Traffic Rises to Record Level in October
Intermodal rail volume for October rose 4.9% to the highest level on record compared with the same time last year, the Association of American Railroads reported.
November 7, 2014ATA's Bill Graves Calls on Congress to Pass Omnibus in Lame-Duck Session
American Trucking Associations President Bill Graves sent a letter to every member of Congress asking them to pass a fiscal 2015 expansive omnibus funding bill during the post-election lame-duck session.
Navistar COO Jack Allen Retires
Navistar International Corp. announced the retirement of Chief Operating Officer Jack Allen and expanded roles for other executives.
Kevin Knight to Leave CEO Post; Jackson Is Successor
Knight Transportation Inc. said Kevin Knight, its first CEO, will step aside after 21 years, with President David Jackson succeeding him on Jan. 1.
November 6, 2014XPO Logistics Loss Narrows as Revenue, Margins Climb
XPO Logistics Inc. narrowed its loss on an adjusted basis of $7.3 million, or 13 cents, compared with $10.9 million in the year-earlier period as revenue growth continued and margins improved.
November 6, 2014Quality’s Third-Quarter Profit Rises
Quality Distribution Inc. reported third-quarter profit increased on growth in its chemical business.
November 6, 2014J.B. Hunt Debuts Transportation Management Software
J.B. Hunt Transport Inc. debuted a transportation management software system it says is able to streamline shipment management across multiple transit types.
November 6, 2014Icahn Tank-Car Maker Joins Industry Defying Oil’s Decline
Surging railroad tank-car orders at companies owned by billionaires Warren Buffett and Carl Icahn are defying an oil price drop that threatens to slow the U.S. drilling boom.
November 6, 2014Productivity Rises in Third Quarter
The productivity of U.S. workers rose more than projected in the third quarter, helping to contain labor costs even as employment picks up.
November 6, 2014