Business

About Business News...

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.

Business

Truck Freight Capacity Dips in June

Truck freight capacity dipped in June, reflecting a relatively weak freight environment, according to the FTR Associates’ Shippers Conditions Index.

August 20, 2013

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

Business

Ill. Interstate Speed Limit Raised to 70 MPH

Illinois Gov. Pat Quinn (D) signed into law legislation boosting the states rural interstate speed limit to 70 mph, the Associated Press reported.

August 20, 2013
Business, Logistics

Railroad Involved in Quebec Crash Expects to Win Approval to Keep Operating

The railroad involved with last month’s railcar crash in Quebec that killed 47 people said it expects to win approval to keep operating, Bloomberg News reported.

August 20, 2013
Business, Logistics

U.S. to Remain Key Driver for Growth, Says Largest Shipping Line

A.P. Moeller-Maersk A/S, owner of the world’s largest shipping line, said the United States will continue to be an important driver for growth, even as emerging markets show potential, Bloomberg News reported.

August 20, 2013
Business

YRC Subsidiary Back in Operation after Unauthorized Walkout

YRC Worldwide Inc.’s regional Reddaway less-than-truckload unit resumed normal operations on Monday after an unauthorized walkout by Teamsters at Southern California terminals in Fontana and Compton, the unit’s president said.

Rip Watson | Special to Transport Topics
August 19, 2013
Business, Technology

XRS, Samsung Collaborate on Dedicated Device for Trucking Industry

XRS said Monday it is working with Samsung to develop an integrated mobile device and software package designed  for the trucking industry.

August 19, 2013
Business, Logistics

XPO Completes Acquisition of 3PD

XPO Logistics said Monday it has completed its previously announced acquisition of supply chain services company 3PD Inc. for about $365 million.

August 19, 2013
Business

South Florida Ports Test Importing South American Fruit

Port Everglades in Fort Lauderdale, Fla., said state and federal agencies are finalizing a pilot program to import grapes and blueberries from Peru and Uruguay into Port Miami and Port Everglades starting in October.

August 19, 2013
Business

Ryder Begins New Services for Oil, Gas Industry

Ryder System said it is offering new transportation and logistics management services for the oil and gas industry.

August 19, 2013
Business, Fuel

Oil Drops as Storm Concerns Fade

The price of oil dropped after the National Hurricane Center in Miami said there was no tropical cyclone activity in the Atlantic basin, Bloomberg News reported.

August 19, 2013