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

CP Railroad Strike Likely to Continue Through Friday

A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.

May 30, 2012

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business, Fuel

Diesel Falls 5.9¢ to $3.897; Gasoline Drops Again

Diesel’s pump price continued its recent  slide, falling 5.9 cents to $3.897 a gallon, its seventh straight decline and the lowest price since early February, the Department of Energy said.

May 30, 2012
Business, Government, Logistics

Consumer Confidence Falls to Four-Month Low

Consumer confidence fell to a four-month low in May, the New York-based Conference Board said.

May 30, 2012
Business

AIT Worldwide Logistics Sold to New Board, Top Managers

AIT Worldwide Logistics said that co-founders Dan Lisowski and Steve Leturno have sold a majority of the company to a new board headed by AIT President Vaughn Moore and executive vice presidents Keith Tholan, Ray Fennelly and Joe Kayser.

May 30, 2012
Business, Safety, Government

Andrew Hadland Named President of CRST Unit

CRST International Inc. has announced the appointment of Andrew Hadland as president of Specialized Transportation Inc., one of CRST’s operating companies.

May 30, 2012
Government, Business

NAFTA Trade Hits Record Over $85 Billion

Surface trade among the United States, Canada and Mexico jumped to a record in March, topping $85 billion for the first time, the Department of Transportation said Tuesday.

May 29, 2012
Business, Logistics

FedEx to Acquire Brazilian Logistics Company

FedEx Corp. said it has signed an agreement to acquire Brazilian transportation and logistics company Rapidão Cometa Logística e Transportes S.A. to boost its Latin American business.

May 29, 2012
Business, Fuel

Oil Rises for Third Day; Holds Near 7-Month Low

Oil prices rose for a third day in early trading Monday on forecasts of higher U.S. economic growth, but held near a seven-month low under $92 a barrel, Bloomberg reported.

May 29, 2012
Business

Volvo Debuts Remote System of Diagnostics

Volvo Trucks North America has introduced a remote diagnostics aftermarket service that is intended to mitigate downtime for heavy trucks.

May 29, 2012
Business

FedEx Express Years Ahead of Making ‘Green’ Fleet Goal

FedEx Express said it is “years ahead of schedule” in its goal of making its fleet 20% more fuel efficient by 2020.

May 29, 2012