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.
Durable Goods Orders Rise 3.3% in April
Durable goods orders rose 3.3% in April, the Commerce Department said Friday.
May 24, 2013EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
I-5 Closed in Wash. State After Bridge Struck by Truck Collapses
A section of the Interstate 5 bridge over the Skagit River north of Seattle collapsed after it was struck late Thursday by a heavy-duty truck, closing the West Coast’s main north-south highway in both directions.
May 24, 2013Holiday Weekend Driving to Rise Slightly, AAA Says
The number of Americans driving during the Memorial Day holiday weekend will rise slightly, with a majority saying gasoline prices will not impact their plans, according to AAA.
May 24, 2013Foxx Says Top Priorities at DOT Would Be Safety, Efficiency, Infrastructure
Transportation Secretary nominee Anthony Foxx told a Senate committee that, if confirmed, his top priorities would be on improving safety, efficiency and infrastructure.
Celadon to Acquire Canadian Carrier Hyndman Transport
Celadon Trucking Services said it will acquire Canadian carrier Hyndman Transport Ltd. Terms were not disclosed.
May 23, 2013Commercial Vehicle Group Hires New CEO
Component supplier Commercial Vehicle Group said former Caterpillar executive Richard Lavin has been hired as CEO.
May 23, 2013New Home Sales Rise to Three-Month High
New home sales rose 2.3% in April to a three-month high, the Commerce Department said Thursday.
May 23, 2013Initial Jobless Claims Fall by 23,000 for Week
Initial jobless claims fell by 23,000 last week, the Labor Department said Thursday.
May 23, 2013Oil Slides Below $93 a Barrel
Oil fell for a third day Thursday, falling more than $1 to below $93 a barrel after dropping almost $2 on Wednesday, on reports that Chinese manufacturing slowed, Bloomberg News reported.
May 23, 2013YRC Freight Implements New Network Plan
YRC Freight said it has implemented its planned changes in operations that the company said “will deliver even greater service reliability and consistency across their network.”
May 22, 2013