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.
FHWA Gives Louisiana $3.5 Million for Isaac Repairs
The Federal Highway Administration has released $3.5 million to help repair Louisiana highways damaged by Hurricane Isaac.
September 7, 2012Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Intermodal Traffic Rose 6.5% for Week
U.S. intermodal traffic rose 6.5% last week over the same week last year, the Association of American Railroads reported.
September 7, 20123PL Wheels Group to Buy Broker, Forwarder MSM
Third-party logistics provider Wheels Group Inc. has signed an agreement to acquire freight broker and forwarder MSM Group of Cos. for $18.8 million in cash and stock.
September 7, 2012East, Gulf Dock Contract Talks to Resume This Month
Stalled labor negotiations between the International Longshoremen’s Association and management negotiator United States Maritime Alliance will resume the week of Sept. 17, the Federal Mediation and Conciliation Service said Thursday.
Navistar Reports Lower 3Q Profit, Will Review Noncore Business Units
Navistar International Corp. said Thursday that its fiscal third-quarter profit fell from a year ago and it was reviewing its noncore businesses. It also outlined a cost-reduction plan, including job cuts.
September 6, 2012Wright Express to Buy Fleet One for $369 Million
Payment processing and information management services provider Wright Express said it will buy fuel-card provider Fleet One for $369 million.
September 6, 2012ISM Services Index Improves in August
An index of the U.S. economy’s service sector improved in August, the Institute for Supply Management said Thursday.
September 6, 2012Initial Jobless Claims Drop for Week
Initial jobless claims dropped by 12,000 to 365,000 in the week ended Sept. 1, the Labor Department said Thursday.
September 6, 2012Colorado Chain Law Goes Into Effect for I-70
Vehicles weighing more than 26,000 pounds are required to carry snow chains while driving on Interstate 70 between Dotsero, Colo., and Morrison, Colo., according to the Colorado Department of Transportation.
September 6, 2012Drivers Dreams Program Seeking Submissions
The Drivers Dreams program is seeking submissions from truck drivers for wishes the newly created program can make come true.
September 6, 2012