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.
Oil Finishes at Three-Month High Near $94 a Barrel
Oil rose 72 cents on Thursday, finishing the trading day at a three-month high of $93.82 a barrel following a report of stronger economic growth in China, Bloomberg News reported.
January 10, 2013Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
LaHood Not on List of White House Cabinet Holdovers
Transportation Secretary Ray LaHood is not among the group of Cabinet officials the White House said would remain on the job in President Obama’s second term, The Hill newspaper reported.
January 10, 2013Volkswagen Offers to Buy Out MAN to Push Truck Integration
Volkswagen AG will offer to buy out the rest of MAN SE’s shareholders to take full control of the German truck maker, Bloomberg News reported Thursday.
January 10, 2013Wholesale Inventories Rise 0.6%
Wholesale inventories increased 0.6% in November, the Commerce Department said Thursday.
January 10, 2013Amazon to Open Distribution Center in N.J.
Amazon.com said it plans to open a 1-million-square-foot distribution center in New Jersey that it expects will create hundreds of jobs.
January 10, 2013Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
January 10, 2013Private Equity Firm Acquires American Fast Freight
Private equity firm The Jordan Company said it has acquired American Fast Freight, an ocean freight forwarding company. Terms were not disclosed.
January 10, 2013Diesel to Average $3.87 This Year, DOE Says
Diesel fuel will average $3.87 a gallon this year, the Department of Energy said, raising a previous forecast by 3 cents.
January 10, 2013DOT Freight Transportation Index Rebounds
The Department of Transportation’s freight transportation services index rebounded in November from October, matching its year-ago level, DOT said Wednesday.
January 9, 2013Port Logistics Group Acquires Pacific Distribution Services
Port Logistics Group said it has acquired Pacific Distribution Services, a warehousing and transportation provider serving the ports of Seattle and Tacoma, Wash. Terms were not disclosed.
January 9, 2013