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

Port of N.Y./N.J. Opens for Emergency Fuel Deliveries Following Sandy

The U.S. Coast Guard opened the Port of New York and New Jersey Thursday in order to get emergency fuel supplies to the areas hit hardest by Hurricane Sandy, the Associated Press reported.

November 2, 2012
Business

ATRI Surveying Carriers on HOS Restart Changes

The American Transportation Research Institute is asking trucking executives to weigh in on changes to the 34-hour restart provision of the federal hours-of-service rule, set to take effect in July.

November 2, 2012
Business, Logistics

Intermodal Traffic Gains 3.9% for Week

U.S. rail intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.

November 2, 2012
Business, Logistics

Caterpillar Logistics Changes Name to Neovia

Third-party logistics firm Caterpillar Logistics Services said Thursday it has changed its name to Neovia Logistics Services.

November 2, 2012
Government, Business, Fuel

EPA Sets Waivers for N.J. Diesel, Gasoline Requirements in Eastern States

The U.S. Environmental Protection Agency Wednesday temporarily waive federal clean diesel fuel requirements in New Jersey to allow the use of home heating oil in most generators and pumps in emergency service in New Jersey.

November 1, 2012
Business

Arizona Trucking Assn. CEO Rasmussen to Lead Help Inc.

Karen Rasmussen, who has been CEO of the Arizona Trucking Association since 2001, is leaving to lead Help Inc., the provider of PrePass and other commercial vehicle safety services, effective Nov. 15.

November 1, 2012
Business, Logistics

Wabash National’s 3Q Profit Jumps

Trailer manufacturer Wabash National Corp. said its third-quarter income rose from a year ago as sales reached a record for the quarter.

November 1, 2012
Business

ISM Manufacturing Index Rises to Highest Level Since May

U.S. manufacturing activity increased in October, the Institute for Supply Management said Thursday.

November 1, 2012
Business

Roadrunner’s 3Q Net Income Improves

Roadrunner Transportation Systems’ third-quarter income rose sharply, led by strong truckload and less-than-truckload operations.

November 1, 2012
Business

Construction Spending Rises in September

Construction spending rose in September to the highest level in three years, the Commerce Department said Thursday.

November 1, 2012