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.
Mullen, Contrans Boosting Dividends
Two Canadian trucking companies, Mullen Group and Contrans Group, said they will boost dividend payments.
January 16, 2013QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Industrial Production Rises 0.3%
Industrial production rose 0.3% in December, the second straight increase, the Federal Reserve said Wednesday.
January 16, 2013Consumer Price Index Unchanged in January
The consumer price index was unchanged in January, the Labor Department reported Wednesday.
January 16, 2013BNSF Logistics Acquires EP-Team Inc.
BNSF Logistics said it has acquired logistics and project cargo provider EP-Team Inc. Terms were not disclosed.
January 16, 2013Report Says More U.S. Infrastructure Spending Would Boost Jobs, Economy
Increasing annual U.S. infrastructure spending by $157 billion in the next eight years would save $3.1 trillion in gross domestic product, $1.1 trillion in trade and 3.5 million jobs, according to a new report.
January 15, 2013England Logistics Appoints Beardall President
England Logistics said Tuesday it has promoted Jason Beardall to president from executive vice president.
January 15, 2013Volvo Trucks to Take Restructuring Charge
Volvo Trucks announced on Tuesday the details of a restructuring charge related to the reorganization of its global businesses.
January 15, 2013FedEx Ground Names Maier Its Next CEO
FedEx Corp. said Henry Maier will succeed David Rebholz as CEO of the company’s FedEx Ground unit, which provides small-package delivery services.
January 15, 2013Mass. Weighs Tax Options as Part of Transportation Funding Plans
Massachusetts would have to increase its gasoline and diesel tax to 51 cents from 21 cents a gallon in order to erase long-standing transportation deficits and meet annual transit and highway needs, according to a report released Monday by the state’s Department of Transportation.
December Retail Sales Rise 0.5%
Retail sales rose 0.5% in December, the Commerce Department reported Tuesday.
January 15, 2013