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.
Wholesale Inventories Rise 0.4%
Wholesale inventories rose 0.4% in January, the Commerce Department said Friday.
March 9, 2012Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Trade Gap Is Highest in More Than Three Years
The U.S. trade deficit widened in January to its highest level since October 2008, the Commerce Department said Friday.
March 9, 2012YRC Selling Stake in Chinese Firm
YRC Worldwide said late Thursday it is selling its stake in Chinese firm Shanghai Jiayu Logistics, its 35% joint-venture partner. Terms were not disclosed.
March 9, 2012Delphi Extends Logistics Contract With ProTrans
Third-party logistics provider ProTrans International Inc. said it was awarded a multi-year contract from heavy truck parts supplier Delphi Inc.
March 8, 2012UV Logistics Taps John Patterson as CEO
John Patterson has been named CEO of United Vision Logistics, replacing Howard Hoffmann, who left the firm to return to his consulting business.
March 8, 2012Senate Leaders Reach Highway Bill Agreement
Democratic and Republicans leaders reached agreement Wednesday clearing the way for a Senate vote on passage of a $109 billion federal highway bill, the Associated Press reported.
March 8, 2012Navistar Reports 1Q Loss
Navistar International Corp. Thursday reported a loss for its fiscal first quarter, citing warranty costs and a brake manufacturer’s recall of a part that affected nearly 20,000 of its trucks.
March 8, 2012Jobless Claims Rise for Week
Initial jobless claims rose by 8,000, the Labor Department said Thursday.
March 8, 2012Coalition Urges Senate to Reject Rest-Area Commercialization Amendment
A coalition representing sellers of food and fuel products is urging the Senate to reject an amendment that would allow commercialization of interstate rest areas.
March 8, 2012Obama Proposes Tax Credit for Natural Gas, Electric Trucks
MT. HOLLY, N.C. — President Obama has proposed a new federal tax credit to encourage truck fleets to purchase vehicles powered by natural gas or electricity.
March 7, 2012