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.
Trucking Adds 5,600 Jobs as Payrolls Rise; Unemployment Rate Drops to 7.7%
The trucking industry added 5,600 jobs in February as U.S. payrolls jumped by 236,000 and the unemployment rate fell to 7.7%, the Labor Department reported Friday.
March 8, 2013Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
N.Y./N.J Port, Longshoremen Reach Tentative Agreement
Longshoremen and the Port of New York and New Jersey have reached a tentative six-year labor agreement, Reuters reported.
March 8, 2013Westport’s Natural-Gas Engine Deliveries Rise 25% for Year
Westport Innovations Inc. said its natural-gas engine sales declined for the fourth quarter but rose 25% for the year on higher North American and international demand.
March 8, 2013Wholesale Inventories Increase 1.2% in January
Wholesale inventories jumped 1.2% in January, the largest increase in more than a year, the Commerce Department said Friday.
March 8, 2013Intermodal Traffic Rises 9.7% for Week
U.S. rail intermodal traffic rose 9.7% to 249,238 units last week over the same week a year ago, the Association of American Railroads said.
March 8, 2013House Bill Would Continue Saturday Mail Delivery
A bill passed by the U.S. House of Representatives would ensure that the U.S. Postal Service continues Saturday mail service for the rest of the fiscal year, Rep. Jose Serrano (D-N.Y.) said.
March 7, 2013Accuride Reports 4Q Loss
Accuride Corp. posted a $156.5 million fourth-quarter loss, citing a charge related to its Gunite division.
March 7, 2013Productivity Drops by Most in Four Years
U.S. workers’ fourth-quarter productivity fell by 1.9%, the most in four years as labor costs rose, the Labor Department said Thursday.
March 7, 2013U.S. Trade Deficit Rose in January
The U.S. trade deficit grew by 16.5% in January, led by demand for imported crude oil, the Commerce Department said Thursday.
March 7, 2013Initial Jobless Claims Fall to Six-Week Low
Initial jobless claims fell by 7,000 to 340,000 last week, a six-week low, the Labor Department said Thursday.
March 7, 2013