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.
Executives in Training Tackle Trucking Issues During Second Meeting of LEAD ATA Program
TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
DOT Freight Transportation Index Declines in December
The Department of Transportation’s freight transportation services index declined in December from the highest level on record the prior month, DOT said Feb. 12.
February 12, 2014Missouri Bill Proposes Penny Hike in Sales Tax to Fund Infrastructure
A bill recently introduced in the Missouri Legislature would put a referendum on the November ballot to raise the state’s 4.225-cent-per-dollar sales tax by a penny to pay for transportation projects.
Trimble Reports Higher Fourth-Quarter Profit
Trimble Navigation Ltd. reported higher fourth-quarter profit than a year ago and increased revenue.
February 11, 2014USA Truck Expands Loss in 4Q
Truckload carrier USA Truck Inc. said it lost more money in the fourth quarter than the same period last year, but its earnings improved on a full-year basis.
February 11, 2014N.Y. Governor, Lawmakers Push Lower Tolls for Verrazano-Narrows Bridge
New York Gov. Andrew Cuomo (D) and legislative leaders have endorsed a plan to reduce tolls on the bridge connecting New York City boroughs Staten Island and Brooklyn.
February 11, 2014Trillium CNG to Have 77 Stations Open by June
Trillium CNG expects to have 77 compressed natural gas stations open by June, representatives said in a meeting with Transport Topics.
February 11, 2014Forward Air’s 4Q Income Declines
Forward Air Corp. said its fourth-quarter net income dipped from a year ago, and the carrier authorized a 2 million-share buyback.
Wholesale Inventories Rise 0.3% in December
Wholesale inventories rose 0.3% in December, the slowest pace since last summer, the Commerce Department reported Feb. 11.
February 11, 2014UPS Acquires UK Health-Care Logistics Firm
UPS Inc. said it has acquired Polar Speed, a U.K.-based health-care logistics company. Terms were not disclosed.
February 11, 2014