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, Logistics

Intermodal Traffic Rises 3.6% for Week

U.S. intermodal traffic rose 3.6% last week from a year ago, the Association of American Railroads reported.

August 24, 2012

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business, Logistics

FleetPride Buys Great Lakes Truck & Trailer

Truck and trailer parts supplier FleetPride Inc. , said it has acquired Great Lakes Truck & Trailer, Westlake, Mich., for an undisclosed sum.

August 24, 2012
Business

Navistar Gets Approval for China Engine Venture

Chinese government regulators have approved a joint engine-making venture between Navistar International Corp. and Chinese truck maker Anhui Jianghuai Automobile Co. Ltd., Navistar said.

August 23, 2012
Business

Mack Gets $14.5 Million Military Contract for Trucks

Mack Trucks said its defense division will supply the U.S. Army with 100 Mack Granite trucks destined for Iraq.

August 23, 2012
Business

Virginia Counties, Cities Oppose I-95 Tolls

Sixteen local governments on or near Interstate 95 in Virginia have come out in opposition to the state’s plan to impose tolls on I-95, a group opposing the plan said.

Timothy Cama | Staff Reporter
August 23, 2012
Business

New Home Sales Rise to Match Two-Year High

New home sales rose 3.6% in July to match a two-year high, the Commerce Department said Thursday.

August 23, 2012
Business, Logistics

Ceva Speeds Less-Than-Container Distribution

Ceva Logistics, Houston, said it has cut four days off some delivery times by routing inbound less-than-container load shipments to its container freight station in Elk Grove, Ill.

August 23, 2012
Business

Initial Jobless Claims Rise

Initial jobless claims rose by 4,000 last week, the Labor Department said Thursday.

August 23, 2012
Business

Ryder Wins Multi Group Logistics Pact

Ryder System Inc. announced it has won a maintenance contract from Multi Group Logistics Inc.

August 23, 2012
Business

Navistar Sets Strategy for Revamped Product Line

LISLE, Ill. — Navistar International Corp. executives revealed their new strategy for introducing an updated product line with new emissions equipment, in a bid to recapture market share and counter competitors who have capitalized on stalled regulatory approval of Navistar’s own technology.

Rip Watson | Special to Transport Topics
August 23, 2012