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, Logistics

LinkAmerica to Merge with Arnold Transportation

Arnold Transportation Services said that truckload and logistics firm LinkAmerica Corp. will merge with Arnold at the beginning of the year.

December 6, 2012

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business, Logistics

UTi Worldwide’s 3Q Profit Declines

UTi Worldwide said Thursday its third-quarter net income fell to $10.5 million, or 10 cents a share, from $28.5 million, or 28 cents, a year earlier.

December 6, 2012
Business

Patriot Transportation’s 4Q Income Slips

Patriot Transportation Holding said its fourth-quarter profit fell from a year ago but its transportation revenue rose slightly.

December 6, 2012
Business

Initial Jobless Claims Fall For Week

Initial jobless claims fell by 25,000 last week, the Labor Department said Thursday.

December 6, 2012
Business

Agreement Reached to End Strike at California Ports of Los Angeles, Long Beach

Clerical workers at the Southern California ports of Los Angeles and Long Beach have agreed to end an eight-day strike that affected about $1 billion of trade a day, Bloomberg reported Wednesday.

December 5, 2012
Business

CSA’s Negative Effect Less Than Feared, ATRI Study Finds

The negative effect of the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program has been less severe than carriers first expected, according to a recently released report by the American Transportation Research Institute.

December 5, 2012
Business, Fuel

Clean Energy Completes First Stage of ‘Natural Gas Highway’ for Trucking

Clean Energy Fuels Corp. said Wednesday that with the completion of a liquefied natural gas fueling station in Missouri this month it has concluded the first stage of its “America’s Natural Gas Highway” for trucking.

December 5, 2012
Business

Factory Orders Rise in October

Factory orders rose 0.8% in October, the Commerce Department reported Wednesday.

December 5, 2012
Business, Logistics

Transplace Acquires Canadian Logistics Company

Transplace said it has acquired Canadian logistics company Torus Freight Systems. Terms were not disclosed.

December 5, 2012
Business

ISM Services Index Rises in November

An index of the U.S. economy’s service sector increased in November, the Institute for Supply Management said Wednesday.

December 5, 2012