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.
Initial Jobless Claims Decline 9,000 for Week
Initial jobless claims fell by 9,000 last week, the Labor Department reported Thursday.
June 27, 2013Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
UPS to Purchase 285 Natural-Gas Powered Trucks in 2014
UPS Inc. said it will purchase 285 more natural-gas powered trucks in 2014 for its small-package delivery business, Bloomberg News reported.
June 27, 2013Nafta Surface Trade Rises 7.5% in April
Surface trade among the United States, Canada and Mexico rose 7.5% in April from the same month last year and increased 2.4% from March, the Department of Transportation said Wednesday.
June 26, 2013ATA Report Projects Freight Volumes Growing Through 2024
Freight volumes through 2024 are projected to increase by more than 20% for all modes of transportation, with trucking taking a larger share, according to a new report by American Trucking Associations.
June 26, 2013Patriot Considers Splitting Transportation, Real Estate Businesses
Patriot Transportation Holding said Wednesday it is considering separating its transportation and real estate businesses into two public companies.
June 26, 2013Teamsters See UPS Package Contract Headed for Approval
The Teamsters union said that the master contract for its UPS Inc. package workers appears headed for rank-and-file approval, and that talks will resume with the package carrier to resolve issues that were rejected in side agreements.
May Trailer Orders Slip 1%
New trailer orders for May slipped 1% from a year ago to 15,660 units, according to ACT Research.
June 26, 2013Cheetah Partners with Samsung for Increased Device Integration
Logistics software company, Cheetah Software Systems Inc. said it has partnered with Samsung so its logistics software can be more integrated with the cell phone manufacturers devices.
June 26, 2013California Trucking Association CEO to Retire
California Trucking Association CEO Michael Campbell said he will retire as soon as his successor is selected.
June 25, 2013N.C. Approves Governor’s Funding Plan, Reallocates State Road Money
North Carolina lawmakers gave final approval to Gov. Pat McCrory’s transportation reform bill, a measure that changes how road funding money is distributed in the state.