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.
Ryder’s Second-Quarter Income Improves
Ryder System’s second-quarter profit rose to $62.6 million, or $1.19 per share, from $46.8 million, or 91 cents, a year ago.
July 23, 2013QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Commercial Vehicle Group Reports 2Q Loss
Commercial Vehicle Group reported a second-quarter loss, the truck and auto components maker said.
July 23, 2013Roehl Transport to Equip 500 Trailers With Trailer Tails
Roehl Transport said it will install drag-reducing aerodynamic “tails,” supplied by ATDynamics Inc., on 500 trailers.
July 23, 2013Staffing Firm TransForce Acquires DriveForce
Driver staffing firm TransForce said it has acquired DriveForce, a regional staffing company. Terms were not disclosed.
July 23, 2013Senate Confirms Gina McCarthy as EPA Administrator
The Senate on Thursday confirmed President Obama’s nominees to lead the Environmental Protection Agency and Department of Labor, news services reported.
July 22, 2013Bill Would Boost Carriers’ Insurance Minimums Nearly 500%
A House bill would increase the minimum liability insurance trucking companies must have to $4,422,000, from the current $750,000, which hasn’t changed in 33 years.
EFS Launches Upgraded Interface for McLeod Dispatch Software
Corporate payment company Electronic Funds Source said Monday it has launched an upgraded interactive interface with McLeod Software’s dispatch software.
July 22, 2013Postal Service Renews Call for Five-Day Delivery
The U.S. Postal Service said it has again asked Congress to allow for a five-day delivery schedule as part of its five-year business plan.
July 22, 2013Oil Falls From Highest Level in 16 Months on Weak Home Sales
Oil prices fell from a 16-month high Monday on reports of weaker existing home sales, Bloomberg News reported.
July 22, 2013Existing Home Sales Decline 1.2% in June
Existing home sales fell 1.2% in June due to lack of supply, the National Association of Realtors said Monday.
July 22, 2013