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.
Top House Republican Expects Senate to Back Trust Fund Bill
Speaker John Boehner (R-Ohio) said he thinks there will be enough senators next week who will support a 10-month Highway Trust Fund fix, legislation that easily advanced out of the House on July 15.
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.
Volvo’s Second-Quarter Profit Rises
Volvo AB’s second-quarter operating profit rose, aided by a company program designed to lower operating costs.
July 18, 2014Hub Group’s Second-Quarter Profit Rises
Hub Group Inc. said its second-quarter net income increased to $18.7 million, or 51 cents a share, from $18.6 million, or 50 cents, in the comparable period last year. Revenue rose 7% to $894 million.
July 18, 2014Amp Trillium Opens CNG Station in Waco, Texas
Amp Trillium has opened a compressed natural gas fueling location in Waco, Texas, the first of seven stations planned as part of an agreement with Dairy Farmers of America and Select Milk Producers to convert part of their diesel fleets to CNG.
July 18, 2014Leading Economic Indicators Index Increased 0.3% in June
The index of U.S. leading indicators rose in June, showing the economy continues to gain momentum following a slowdown at the start of 2014.
July 18, 2014Consumer Sentiment Declines to Lowest in Four Months
Consumer confidence in the U.S. declined in July to a four-month low as Americans’ outlook for the economy dimmed.
July 18, 2014Intermodal Rail Traffic Rises 3.2% for Week
U.S. rail intermodal traffic increased 3.2% in the week ended July 12 compared with the same week last year, the Association of American Railroads reported.
July 18, 2014White House Promotes Private Sector in New Infrastructure Initiative, Urges Congress to Act
President Obama on July 17 signed an initiative aimed at helping state agencies connect with private-sector investors to upgrade the country’s aging transportation infrastructure.
Clean Energy Opens Natural-Gas Stations in Arizona, New Mexico
Clean Energy Fuels Corp., which provides compressed and liquefied natural gas, said July 16 it opened fueling stations in Albuquerque, New Mexico, and Winslow, Arizona, as part of its America’s Natural Gas Highway network for the trucking industry.
July 17, 2014Manufacturing Activity Increases in Philadelphia Area
Manufacturing activity in the Philadelphia Region expanded in July, the Federal Reserve Bank of Philadelphia said July 17.
July 17, 2014