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.
Truck Makers, Suppliers Look Toward MATS to Help Spark Slumping Heavy-Duty Sales
North America’s heavy-duty truck makers and many major suppliers hope to reignite slumping heavy-duty sales when the Mid-America Trucking Show begins later this month at the Kentucky Exposition Center in Louisville.
March 4, 2013Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Diesel Up 0.2¢ After 6th Weekly Increase
Retail diesel prices edged up 0.2 cent last week to $4.159 a gallon, reaching the highest level ever recorded in the month of February, according to the Department of Energy.
March 4, 2013Oil Falls Below $91 to Lowest Price of Year
Oil fell to its lowest price this year, declining more than $1 to finish below $91 a barrel, Bloomberg News reported.
March 1, 2013Clean Energy’s Natural Gas Deliveries Rose 25% Last Year
Clean Energy Fuels Corp. said its natural-gas deliveries rose 25% to 195 million gallons last year, although the company reported a fourth-quarter loss.
March 1, 2013Eaton Launching New Heavy-Duty Transmissions
Eaton Corp. said it is launching its Fuller Advantage Series of heavy-duty transmissions, whose new features include reduced weight and higher efficiency, designed to help increase fuel economy.
March 1, 2013ISM Manufacturing Index Improves in February
U.S. manufacturing activity rose in February, the Institute for Supply Management said Friday.
March 1, 2013Trimac’s 4Q Income Falls
Trimac Transportation Ltd.’s fourth-quarter earnings fell to C$2.9 million, or 10 cents per unit, from C$4.2 million, or 17 cents, a year ago.
March 1, 2013TransForce Reports Higher 2012 Income, Revenue
TransForce Inc. said Friday its fourth-quarter profit slipped from a year ago, but its full-year profit jumped 51% as revenue rose to a record.
March 1, 2013Construction Spending Falls 2.1% in January
Construction spending fell 2.1% in January, the Commerce Department said Friday.
March 1, 2013Consumer Confidence Rises in February
Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 1, 2013