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.
Nafta Surface Trade Slips 3.2% in December
Surface trade among the United States, Canada and Mexico fell 3.2% in December from the same month a year earlier, the Department of Transportation said Thursday.
February 28, 2013Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
ATA Says No Delay of HOS Rule Will Cost Trucking Industry $320 Million
American Trucking Associations said Thursday the Federal Motor Carrier Safety Administration’s decision not to delay implementation of FMCSA’s hours-of-service rule will cost the trucking industry about $320 million between now and July 1.
February 28, 2013Nat Gas Production Seen Robust Through 2040, Journal Reports
Natural-gas production in the United States will continue strong growth through 2040, the Wall Street Journal reported Thursday.
February 28, 2013Visteon Posts Fourth-Quarter Profit
Vehicle parts manufacturer Visteon Corp. posted a fourth-quarter profit, improving upon the loss it experienced during the same time in 2011.
February 28, 2013Chicago Manufacturing Activity Expands in February
Manufacturing activity in the Chicago area expanded in February, the Institute for Supply Management-Chicago said Thursday.
February 28, 2013Initial Jobless Claims Fall for Week
Initial jobless claims fell by 22,000 last week, the Labor Department said Thursday.
February 28, 2013XPO Logistics Reports 4Q Loss
XPO Logistics reported a fourth-quarter loss, citing “investments in long-term growth.”
February 27, 2013Oil Holds Under $93, Near Lowest Price of Year
Oil rose slightly Wednesday from its lowest price this year to finish the trading day at just under $93 a barrel, following a Department of Energy report that said supplies rose last week, Bloomberg News reported.
February 27, 2013YRC, Clean Energy Set Partnership in LNG Pilot Project
YRC Freight said it has completed an agreement with Clean Energy Fuels Corp. to purchase four liquefied natural gas trucks to operate in Southern California.
February 27, 2013Barber Appointed President of UPS International
UPS Inc. said Jim Barber will become president of UPS International, succeeding Dan Brutto, who will retire at the end of April.
February 27, 2013