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.
Philadelphia Manufacturing Index Rises to Four-Month High
Manufacturing activity in the Philadelphia region expanded at a faster pace in January, reaching a four-month high, the Federal Reserve Bank of Philadelphia said Thursday.
February 16, 2012Jobless Claims Drop to Four-Year Low
Initial jobless claims fell last week to the lowest in four years, the Labor Department said Thursday.
February 16, 2012Producer Prices Rise 0.1%
Prices paid to U.S. producers rose 0.1% in January, the Labor Department said Thursday.
February 16, 2012Housing Starts Rise in January
Housing starts increased 1.5% in January, the Commerce Department said Thursday.
February 16, 2012Oil Holds Over $100 a Barrel
Oil slipped from a five-week high but remained over $100 for a fourth day in early trading Thursday, Bloomberg reported.
February 16, 2012Canadian National Opens Wisconsin Intermodal Terminal
Canadian National Railway said it has opened a new intermodal facility in Chippewa Falls, Wis., to serve the upper Midwest, including the Minneapolis/St. Paul, Minn. area.
February 16, 2012TT to Be Closed Monday for Presidents’ Day
Transport Topics will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 19, for the latest trucking and freight transportation news.
February 15, 2012Rush Enterprises’ Income Jumps on Higher Truck Sales
Truck dealership Rush Enterprises said its fourth-quarter and full-year profit and revenue jumped on higher truck sales.
February 15, 2012UPS Acquires European Delivery Firm
UPS Inc. on Wednesday said it has acquired Kiala, a European company that provides delivery options to consumers purchasing goods over the Internet. Terms were not disclosed.
February 15, 2012TransCore’s Canadian Link Logistics Upgrades Database
TransCore Link Logistics on Wednesday announced it has expanded its database of loads and equipment posted throughout North America by integrating live data from multiple load board sources.
February 15, 2012