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 Expects Cyber Monday to be Busiest Day of Year
FedEx Corp. expects to see its busiest day in company history Cyber Monday, Dec. 2, moving more than 22 million shipments worldwide.
October 23, 2013EBay Acquires Startup to Expand Same-Day Delivery
EBay announced Oct. 22 an agreement to acquire startup Shutl in an effort to expand same-day delivery and compete with other Internet retailers. EBay did not disclose how much it agreed to pay for Shutl.
October 23, 2013Import Prices Rise in September
The price of goods imported to the United States rose in September, on higher fuel costs, following a gain the prior month, the Labor Department reported Oct. 23.
October 23, 2013Rush Reports Higher Third-Quarter Earnings
Rush Enterprises said its third-quarter profit increased to $15.2 million, or 37 cents a share, from $14.9 million, or 38 cents, a year ago. Sales rose 22.5% to $913.1 million.
October 23, 2013ATA Opens NTDC to State Association Members
ORLANDO, Fla — American Trucking Associations is opening participation in its National Truck Driving Championships to members of affiliated state trucking associations who may not be ATA members, officials announced.
Trucking Launches New Image Campaign
ORLANDO, Fla. — Trucking officials announced here the beginning of a new, collaborative campaign to enhance the image of the entire industry.
Phil Byrd Elected ATA Chairman
ORLANDO, Fla. — Philip Byrd Sr., president of Bulldog Hiway Express in Charleston, S.C., was elected the 69th chairman of American Trucking Associations here Oct. 22.
October 22, 2013Daimler, Volvo Argue Against EPA’s Fee Rule for Navistar
WASHINGTON —Attorneys for Daimler Trucks North America and Volvo group today asked a federal appeals court to throw out an Environmental Protection Agency rule that allowed Navistar Inc. to pay “nonconformance penalties” for engines that failed to meet 2010 federal emissions standards for nitrogen oxide compounds.
Sagging Wis. Bridge Expected to Open by January
The Wisconsin Department of Transportation announced Oct. 22 that it expects to reopen by January the bridge that carries Interstate 43 traffic though Green Bay.
Tonnage Rises 8.4% in September
American Trucking Associations’ advanced seasonally adjusted tonnage index rose 8.4% in September.
October 22, 2013