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.
Hino Trucks Signs Transmission Pact With Allison
Hino Trucks has signed a multi-year contract that makes Allison Transmission the exclusive supplier of transmissions for all Hino conventional trucks in the United States.
November 30, 2011Truckbase 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.
Groups Argue Merits of Revised HOS Rule Before House Panel
WASHINGTON — A proposed hours-of-service rule that would cut truck drivers’ hours would be very costly and exacerbate a shortage of truck drivers, while putting more trucks on the road, a panel of trucking and logistics executives told a House panel Wednesday.
November 30, 2011Economy Shows Modest Growth, Fed Says
Economic activity rose at a “slow to moderate pace” in October and November while freight volumes were mixed, the Federal Reserve said Wednesday.
November 30, 2011Patriot Transportation’s 4Q Profit Slips
Patriot Transportation Holding’s fiscal fourth-quarter net income slipped to $1.8 million, or 19 cents a share, from $2 million, or 21 cents, a year ago.
November 30, 2011Goodyear to Supply Tires to Con-way Truckload
Goodyear Tire & Rubber Co. said it was chosen to be the principal supplier of wide-based truck tires for Con-way Truckload.
November 30, 2011Chicago Manufacturing Index Rises More Than Forecast
Manufacturing activity in the Chicago area rose in November, the Institute for Supply Management-Chicago said Wednesday.
November 30, 2011Third-Quarter Productivity Revised Upward
U.S. workers’ productivity increased in the third quarter and labor costs declined, the Labor Department said Wednesday, raising an earlier productivity estimate.
November 30, 2011Oil Tops $100 a Barrel in Early Trading
Oil rose to more than $100 a barrel in early trading Wednesday, marking a fourth straight day of increases, Bloomberg reported.
November 30, 2011Caterpillar Boosting India Operations
Caterpillar Inc. said Wednesday it will build a $150 million engine manufacturing facility in India to produce engines and will invest $62 million in its existing off-highway truck manufacturing facility there.
November 30, 2011NAFTA Surface Trade Rises 13.8%
Surface trade among the United States, Canada and Mexico rose 13.8% in September from a year ago, the Department of Transportation said.
November 29, 2011