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.
Old Dominion Boosts 1Q Tonnage Outlook
Old Dominion Freight Line said it has boosted its expectations for first-quarter tonnage growth, to 4.5% to 5% from a year ago, up from its previous guidance of 4% to 4.5% growth.
March 26, 2013Diesel Falls 4.1¢ to $4.006 a Gallon
Diesel fell for a fourth consecutive week, matching its 4.1-cent decline of a week ago in falling to $4.006 a gallon, while gasoline dipped, the Department of Energy reported.
March 26, 2013Durable Goods Orders Jump 5.7%
Durable goods orders took the biggest jump since September, rising 5.7% in February, the Commerce Department said Tuesday.
March 26, 2013Consumer Confidence Falls in March
Consumer confidence fell in March from a three-month high in February, the New York-based Conference Board said Tuesday.
March 26, 2013New Home Sales Fall 4.6% in February
New home sales fell 4.6% in February, the Commerce Department said Tuesday.
March 26, 2013Oil Rises to 5-Week High, Topping $95 a Barrel
Oil rose almost $1 early Tuesday to a five-week high of more than $95 a barrel, Bloomberg News reported.
March 26, 2013Bosch Displays Esitronic Truck Scan
LOUISVILLE, Ky. — Bosch is showcasing the new Esitronic Truck scan for the first time in North America at the Mid-America Trucking Show.
March 25, 2013Georgia Ports’ Cargo Increases 6.9% in February
The Georgia Port Authority said Monday total cargo in the state’s ports increased 6.9% in February over the same month last year.
March 25, 2013Eaton Unveils New Transmission for Navistar
LOUISVILLE, Ky. — Eaton Corp. executives said the company has launched a new version of its UltraShift Plus automated manual transmission exclusively for Navistar Inc., designed to maximize fuel efficiency in linehaul applications.
Eaton Unveils New Transmission for Navistar
LOUISVILLE, Ky. — Eaton Corp. executives said the company has launched a new version of its UltraShift Plus automated manual transmission exclusively for Navistar Inc., designed to maximize fuel efficiency in linehaul applications.