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.
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, 2012Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
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, 2012Patriot 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, 2012Initial Jobless Claims Fall For Week
Initial jobless claims fell by 25,000 last week, the Labor Department said Thursday.
December 6, 2012Agreement 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, 2012CSA’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, 2012Clean 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, 2012Factory Orders Rise in October
Factory orders rose 0.8% in October, the Commerce Department reported Wednesday.
December 5, 2012Transplace Acquires Canadian Logistics Company
Transplace said it has acquired Canadian logistics company Torus Freight Systems. Terms were not disclosed.
December 5, 2012ISM 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