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.
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, 2012Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
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, 2012Navistar 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, 2012Mack 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, 2012Virginia 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.
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, 2012Ceva 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, 2012Initial Jobless Claims Rise
Initial jobless claims rose by 4,000 last week, the Labor Department said Thursday.
August 23, 2012Ryder Wins Multi Group Logistics Pact
Ryder System Inc. announced it has won a maintenance contract from Multi Group Logistics Inc.
August 23, 2012Navistar 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.