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.
Leading Indicators Rise in February
An index of leading economic indicators rose in February by the most in 11 months, the New York-based Conference Board said Thursday.
March 22, 2012Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
FedEx Corp.’s 3Q Profit Improves
FedEx Corp. said Thursday its third-quarter net income more than doubled, to $521 million, or $1.65 per share, from $231 million, or 73 cents, a year ago.
March 22, 2012Jobless Claims Fall to Four-Year Low
Initial jobless claims declined by 5,000 last week to the lowest level in four years, the Labor Department said Thursday.
March 22, 2012Cummins Kicks Off Natural Gas Theme at MATS With New Engine
LOUISVILLE, Ky. — Engine maker Cummins Inc. told reporters here that the company is moving forward with spark-ignition natural gas engines with a heavy-duty 12-liter engine now, and a 15-liter model in two or three years.
Kenworth, Peterbilt Unveil New Sleepers, Day Cabs
LOUISVILLE, Ky. — Kenworth Truck Co. and Peterbilt Motors Co. showed off their new heavy-duty trucks here on Wednesday, which they described as premium but competitive tractors.
March 21, 2012NAFTA Surface Trade Rose 14.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 14.3% last year from 2010, the Department of Transportation said Wednesday.
March 21, 2012Giant Container Ship Docks at Port of Long Beach
The largest container ship ever to dock in North America arrived at the Port of Long Beach on Friday, the port said.
March 21, 2012Meritor Affirms 2012 Earnings Guidance
Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.
March 21, 2012XPO Logistics Nets $137 Million from Stock Offering
XPO Logistics announced the closing of its public stock offering late Tuesday and said it received about $137 million in proceeds.
March 21, 2012P.A.M. Declares Special Dividend
P.A.M. Transportation Services said its board of directors has approved a special dividend of $1 per share.
March 21, 2012