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.
Initial Jobless Claims Fall For Week
Initial jobless claims fell by 25,000 last week, the Labor Department said Thursday.
December 6, 2012Infographic: 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.
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, 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, 2012Auto Sales Jump to Five-Year High
Automakers’ U.S. November sales rose to the highest level in almost five years, with replacement orders from Hurricane Sandy contributing to the increase, Bloomberg reported.
December 5, 2012Productivity Sees Biggest Gain in Two Years
U.S. workers’ third-quarter productivity rose at the fastest pace in two years, the Labor Department said Wednesday.
December 5, 2012Boyd Bros. Acquires Mid Seven Transportation
Boyd Bros. Transportation said Tuesday it has acquired Mid Seven Transportation, Des Moines, Iowa. Terms were not disclosed.
December 4, 2012