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.
FedEx Money-Laundering Charge Adds Pressure to Drug Case
By adding money laundering to the charges against FedEx Corp., federal prosecutors are trying to force the package-shipping company to settle its drug-trafficking case, attorneys and analysts said.
August 19, 2014Truck Tonnage Rises 3.6% in July, ATA Says
Truck tonnage rose 3.6% last month over July of last year, helped by the improving pace of factory orders and new home construction, American Trucking Associations reported.
August 19, 2014TMW, 3Gtms Create Partnership
TMW Systems announced a partnership with 3Gtms to provide a broader set of services to companies such as third-party logistics operators and brokers that manage both asset-based and non-asset-based freight services.
PeopleNet Signs Distribution Deal With Pana-Pacific
PeopleNet announced a distribution agreement with supplier Pana-Pacific aimed at bringing its mobile fleet-management technology to small fleets.
Talking-Car Plans Advance as US Sees 1,083 Lives Saved Yearly
The U.S. Department of Transportation moved forward on writing rules that may mandate automakers’ use of talking-car technology, saying more than a thousand lives a year might be saved on the nation’s roadways.
August 19, 2014Maersk Raises 2014 Profit Forecast on Container Increase
A.P. Moeller-Maersk A/S raised its full-year profit forecast after the company’s container-shipping line, the world’s largest, said earnings are rising because of higher freight volumes and lower costs.
August 19, 2014Housing Starts Rise to Highest Level in Eight Months
Housing starts surged in July to the highest level in eight months, underscoring the recent pickup in builder optimism and showing more traction in the residential real estate market.
August 19, 2014Consumer Prices Rise at Slowest Pace in Five Months
The cost of living in the U.S. climbed in July at the slowest pace in five months, indicating price pressures remain limited even as the economy picks up.
August 19, 2014NTDC Recap: Photos, Video, News, Features and More
The 2014 National Truck Driving Championships and National Step Van Driving Championships are complete! Take a look back at four days of coverage.
August 18, 2014Celadon Acquires 1,500 Tractors
Celadon Trucking Services has purchased 1,500 tractors, a mix of Kenworth T680s and LoneStar and ProStars from International.
August 18, 2014