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

YRC Freight Appoints Hawkins Senior VP of Sales and Marketing

YRC Freight said it has named Darren Hawkins senior vice president of sales and marketing, effective Jan. 14.

January 8, 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

Celadon to Acquire Midwest, Southeast Carriers

Celadon Trucking Services said it will acquire Rock Leasing Inc. and Kelly Logistics Inc. Terms were not disclosed.

January 7, 2013
Business, Technology

Comdata Expands Cardless Payment Options

Comdata Corp. announced it expanded its cardless payment options with a new point-of-sale platform called Smart Solutions.

January 7, 2013
Business, Fuel

Clean Energy, Covanta to Partner on CNG Stations

Covanta Energy Corp. and Clean Energy Fuels Corp. said they will develop compressed natural gas fueling stations at Covanta locations, beginning this month at Covanta’s Newark, N.J., facility.

January 7, 2013
Business

Mississippi River Navigable Through End of January, Army Corps Says

The Mississippi River, facing reduced levels due to drought, will be safe for barge traffic through the end of January as the U.S. Army Corps of Engineers removes submerged rocks, Bloomberg reported Monday.

January 7, 2013
Business

Postmaster Urges Congress to Make Postal Service Reform a Priority

U.S. Postmaster General Patrick Donahoe has urged Congress to make postal reform a priority, as the U.S. Postal Service is currently losing $25 million a day and has defaulted on $11.1 billion in Treasury payments.

January 7, 2013
Business, Fuel

Ethanol Production Declines for First Time Since 1996

U.S. ethanol production fell last year — the first annual decline since 1996 — on record corn prices, Bloomberg reported.

January 7, 2013
Business

Maersk Wants Port of Hong Kong to Ban Dirty Fuel

Maersk Line, the world’s largest container-shipping company, has threatened to stop using cleaner fuel at the Port of Hong Kong if the government doesn’t mandate higher quality oil for carriers in the city, Bloomberg News reported.

January 7, 2013
Perspective, Business, Equipment

Opinion: Timing Your Equipment Financing

Given today’s growing equipment demand and ongoing economic uncertainty, many businesses are finding noncash equipment financing to be a key acquisition strategy.

January 7, 2013
Editorial, Business

Editorial: ‘Fiscal Cliff’ Averted

While the solution that Washington “crafted” to the looming “fiscal cliff” was far from perfect, it seems to have gotten the job done.

January 7, 2013