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.
Brakes, Telematics Center Stage at Upcoming TMC Annual Meeting
Brakes and telematics will take center stage at two important technical sessions during TMC’s 2023 Annual Meeting & Technology Exhibition at the Orange County Convention Center in Orlando, Fla., Feb. 27-March 2.
February 3, 2023Top 10 Equipment Financing Trends for 2023 See Economic Headwinds
According to the Equipment Leasing and Finance Association, real private investment by U.S. businesses in equipment and software is forecast to be more than $2 trillion in 2023, with a substantial amount of that investment activity financed. It’s one of the many trends to impact a significant portion of the U.S. economy for the new year.
February 3, 2023Amazon Revenue Beats Q4 Estimates, Profits Slump
NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.
Advances in Diagnostics Help Technicians Identify Problems, Streamline Repairs
In trucking, costly service interruptions and delays stemming from equipment problems can be reduced with the use of diagnostic repair technology, said fleet maintenance experts and vendors of systems.
Democrats Tout Biden’s Big Infrastructure Implementation
The leader of the U.S. Senate is among senior Democrats praising the Biden White House’s management of a $1.2 trillion infrastructure law amid renewed calls for oversight from congressional Republicans.
Fending Off a Cyberattack
For this new year, there are plenty of concerns fleet managers have about the future of trucking maintenance. However, an emerging problem has been the danger of cyberattacks.
Mitsubishi Warehouse Deal With Port of San Diego Falls Through
A deal between the Port of San Diego and Mitsubishi Cement Corp. for a storage facility at the 10th Avenue Marine Terminal has fallen through, officials announced Feb. 1.
C.H. Robinson Reports 58.2% Earnings Drop for Q4
C.H. Robinson Worldwide Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Feb. 1.
February 2, 2023Three Companies Expand in Kentucky Distribution, Logistics Hub
Northern Kentucky’s footprint for logistics, distribution, transportation and cargo businesses has recently grown with three company expansions totaling $17.4 million.
House GOP Pursues Conservative Energy Agenda
The new House Republican majority recently launched its oversight agenda of the Biden administration’s energy policy portfolio.