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.
Second-Quarter Surge Has Intermodal on Pace for New Record
This story appears in the July 16 print edition of Transport Topics. Intermodal shipments that surged late in the second quarter have pushed 2012 truck/rail freight volume ahead of the record pace set in 2006, the Association of American Railroads reported.
July 16, 2012Detroit Reman Offers More Parts Choices from Daimler in North American Aftermarket
TOOELE, Utah — As soon as Daimler Trucks offers its North American customers a new part or system, the corporation’s remanufacturing unit, Detroit Reman, is already figuring out how to get used versions of them as soon as possible, so the division can remanufacture them and sell them on the aftermarket.
July 16, 2012Diesel, Gasoline Prices Increase for First Time in Three Months
The average price of a gallon of diesel fuel in the United States rose 3.5 cents a gallon last week to $3.683, the first increase in three months, the U.S. Department of Energy reported.
July 16, 2012ATA Projects 21% Tonnage Gain by 2023
The freight transportation industry will grow “significantly” in the next decade, and trucking will increase its share of the market, American Trucking Associations said in a report released last week.
July 16, 2012Intermodal Traffic Rises 5.6% for Week
U.S. intermodal traffic rose 5.6% last week, the Association of American Railroads reported.
July 13, 2012Producer Price Index Rises 0.1%
Prices paid to U.S. producers rose in June for the first time in four months, reflecting an increase in food costs, the Labor Department said Friday.
July 13, 2012ATA Holds Video Contest for Truck Driver Appreciation Week
American Trucking Associations is holding a video contest to celebrate National Truck Driver Appreciation Week, Sept. 16-22.
July 13, 2012Lineage Logistics Buys Castle & Cooke
Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.
July 13, 2012Saia Acquires Robart Cos. Brokerage, Logistics Firms
Less-than-truckload fleet Saia Inc. announced it has acquired Robart Transportation Inc. and subsidiary, RL Services Group LLC, which offer freight brokerage and logistics services.
July 12, 2012Import Prices Fall 2.7%, Largest Drop Since 2008
The price of goods imported to the United States fell 2.7% last month, the biggest drop since December 2008, the Labor Department reported Thursday.
July 12, 2012