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.
Existing Home Sales Rise in January
Existing home sales rose 0.4% in January, the National Association of Realtors said Thursday.
February 21, 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.
Initial Jobless Claims Rise for First Time in Three Weeks
Initial jobless claims rose by 20,000 last week, the first rise in three weeks, the Labor Department said Thursday.
February 21, 2013White House Outlines Plan for $50 Billion in Infrastructure Spending
The White House on Wednesday outlined a set of infrastructure proposals, including $40 billion for a “fix-it-first” policy to prioritize repairing existing roads, bridges and other facilities before building new ones, as part of a $50 billion total plan.
Volvo’s January North American Truck Deliveries Drop 38%
Volvo AB said Wednesday its North American truck deliveries fell 38% in January from a year ago.
February 20, 2013Truck Tonnage Rises to Record High in January
Truck tonnage rose 6.5% in January from the same month last year to a record high reading, American Trucking Associations said.
February 20, 2013Supreme Court to Hear Oral Arguments in April in ATA’s Appeal in Port of L.A. Case
The U.S. Supreme Court has scheduled oral arguments for April 16 in American Trucking Associations’ appeal over what ATA has called “burdensome” requirements the Port of Los Angeles has put on fleets serving the port.
New Century Transportation Names Mark Olszewski President
New Century Transportation said Wednesday it has named Mark Olszewski the company’s new president.
February 20, 2013Con-way Launches New U.S.-Mexico Intermodal Service
Con-way Truckload and Con-way Multimodal announced they would combine resources for a new U.S.-Mexico intermodal service.
February 20, 2013Diesel Rises 5.3¢ to $4.157 a Gallon; Price Is Highest Since August 2008
Diesel rose 5.3 cents to $4.157 a gallon, its fifth straight increase and the highest price in four-and-a-half years, while gasoline jumped 13.6 cents, the Department of Energy reported.
February 20, 2013Vitran Reports Fourth-Quarter Loss
Vitran Corp. on Wednesday reported a loss for the fourth quarter and full year, and the company said it would focus on its less-than-truckload operations following its recently announced plan to sell its supply chain business.
February 20, 2013