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.
Canada Suspends License of Railroad Involved in Quebec Crash
Canadian regulators have suspended the operating certificate of the railroad involved with last month’s railcar crash in Quebec that killed 47 people, Bloomberg News reported.
August 14, 2013Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Ga. Trucking Company Wants to Depose Haslam, Other Pilot Flying J Executives
A Georgia motor carrier, the latest of more than 20 trucking companies to file fuel-rebate fraud lawsuits against Pilot Flying J, is seeking to depose Pilot CEO Jimmy Haslam in October.
Retail Sales Rise for Fourth Month
Retail sales increased 0.2% in July, the fourth consecutive monthly gain, the Commerce Department reported.
August 13, 2013UPS Opens Two Distribution Centers in China
UPS Inc. said Tuesday it has opened two new distribution centers in China, increasing access to developing rural and urban areas.
August 13, 2013Diesel Slides 1.3¢ to $3.896 a Gallon in Second Straight Decline; Gasoline Drops 7.1¢ to $3.561
Diesel fell modestly for a second straight week, declining 1.3 cents to $3.896 a gallon, while gasoline dropped 7.1 cents, the Department of Energy reported.
August 13, 2013TSE Acquires Chicago Logistics Firm
Transportation Solutions Enterprises said Tuesday it has acquired Chicago-based logistics firm The Treppel Group LLC. Terms were not disclosed.
August 13, 2013Clarke Reports 2Q Profit; Trucking Unit Flat
Canadian holding company Clarke Inc. reported a second-quarter profit from a loss a year ago, but its trucking segment income was flat.
August 13, 2013Business Inventories Unchanged in June
Business inventories were unchanged in June, while sales rose 0.2%, the Commerce Department reported Tuesday.
August 13, 2013Import Prices Rise in July
The price of goods imported to the United States rose in July following four declines, the Labor Department reported Tuesday.
August 13, 2013House Letter Asks DOT to Consider Size, Weight Effect on Local Roads, Bridges
Forty-five members of the U.S. House sent a letter to Transportation Secretary Anthony Foxx asking that the truck size and weight study the federal government is conducting address the effect that heavier or longer trucks would have on local roads and bridges.