Business

About Business News...

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.

Business

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, 2013

Infographic: 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.

Business, Fuel

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, 2013
Business, Fuel

Oil 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, 2013
Business

Clean 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, 2013
Business

Eaton 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, 2013
Business

ISM Manufacturing Index Improves in February

U.S. manufacturing activity rose in February, the Institute for Supply Management said Friday.

March 1, 2013
Business

Trimac’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, 2013
Business, Logistics

TransForce 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, 2013
Business

Construction Spending Falls 2.1% in January

Construction spending fell 2.1% in January, the Commerce Department said Friday.

March 1, 2013
Business

Consumer 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