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

FedEx Reports Lower Earnings; Reduces Future Profit Forecasts

FedEx Corp. last week reported a lower fiscal first-quarter profit and reduced earnings forecasts, but said its less-than-truckload unit provided a bright spot by more than doubling its results.

September 24, 2012

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business

Deadline Extended in East/Gulf Coast Port Contract Talks

Management and labor negotiators in the East and Gulf Coast port contract talks have agreed to a 90-day extension of a contract that was due to expire on Sept. 30, giving the two sides more time to “focus on the outstanding core issues in a deliberate manner.”

Rip Watson | Special to Transport Topics
September 21, 2012
Business

European Regulators Undecided on UPS-TNT Deal

European Union antitrust regulators have not decided on whether to object to UPS Inc.’s bid to buy Dutch package firm TNT Express, Reuters reported Friday.

September 21, 2012
Business

FMCSA to Hold Listening Session on Oilfield HOS Exemption

Federal regulators will hold a listening session near Dallas next week on recent regulatory guidance that restricts use of an hours-of-service exemption for truckers involved oil and gas exploration.

September 21, 2012
Business, Logistics

Intermodal Traffic Gains 3.9% for Week

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

September 21, 2012
Business

Virginia Program Helps Veterans Get CDLs

The Virginia Department of Motor Vehicles has streamlined the commercial driver’s license application process for veterans with truck driving experience.

September 21, 2012
Business

ATRI Seeks Industry’s Input on Truck Parking

The American Transportation Research Institute is seeking the trucking industry’s input in a new survey the group has launched on truck parking information needs and system requirements.

September 21, 2012
Government, Business

Leading Economic Indicators Fall

An index of leading economic indicators fell 0.1% in August, the New York-based Conference Board said Thursday.

September 20, 2012
Business, Equipment

Philadelphia Factory Index Contracts for Fifth Month

Manufacturing activity in the Philadelphia region contracted for a fifth straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.

September 20, 2012
Business

Norfolk Southern Sees Lower 3Q Income

Norfolk Southern Corp. said its third-quarter net income will be below a year ago on lower revenue from coal, general merchandise and fuel surcharges.

September 20, 2012