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.
Initial Jobless Claims Rise for Week
Initial jobless claims rose last week from the lowest level in four years the previous week, the Labor Department said Thursday.
July 19, 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.
Werner’s Second-Quarter Profit Rises 11%
Werner Enterprises’ second-quarter profit rose 11%, resulting from a “seasonally improving freight market,” the truckload carrier said.
July 19, 2012Cummins Completes Hilite’s SCR Emissions Acquisition
Engine maker Cummins Inc. said Wednesday it completed its acquisition of the emission control assets of Germany-based Hilite International.
July 18, 2012Trucking Shows Mixed Activity, Fed ‘Beige Book’ Says
The U.S. economy grew at a moderate pace in June as manufacturing improved slowly, while trucking and logistics activity was mixed, the Federal Reserve said Wednesday.
July 18, 2012Housing Starts Rise to Highest Level Since 2008
Housing starts rose 6.9% in June to the highest level in almost four years, the Commerce Department said Wednesday.
July 18, 2012CSX Reports Higher 2Q Income
CSX Corp.’s second-quarter earnings rose as growth in container-car shipments eased the effects of sliding coal volumes, Bloomberg reported.
July 18, 2012Port of L.A. Container Volume Up 6% in June
The Port of Los Angeles said its import container volume rose 6% in June from a year ago.
July 18, 2012Marten’s 2Q Profit Improves
Marten Transport’s second-quarter profit rose on higher truckload and logistics revenue, the truckload carrier said.
July 18, 2012Peterbilt Begins Building Model 579
Peterbilt Motors Co. on July 10 announced it is now producing its new Model 579 truck, launched at the Mid-America Trucking Show in March.
July 18, 2012Trucking, Business Groups Form Coalition to Oppose Toll Hikes on N.Y. Thruway
Twenty-two business groups have formed a coalition to oppose the 45% toll increase for trucks proposed by the New York State Thruway Authority.