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.
Housing Starts Dip in October
Housing starts slipped 0.3% in October but building permits jumped to their highest level in almost a year and a half, the Commerce Department said Thursday.
November 17, 2011Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Jobless Claims Decline to Lowest Level Since April
Initial jobless claims decreased by 5,000 last week to 388,000, the lowest level in seven months, the Labor Department said Thursday.
November 17, 2011Equity Firm Increases Investment in Syncreon
Private equity firm GenNx360 Capital Partners on Thursday announced it has increased its investment in and ownership of syncreon, a global logistics and supply chain company.
November 17, 2011Iowa Reopens 3-Mile Stretch of I-680 After Summer Flooding Destroyed It
Iowa reopened a 3.1-mile section of Interstate 680 near the Nebraska state line earlier this month after a complete reconstruction of the road that took only 34 days.
November 17, 2011Oil Tops $100 for First Time Since June
Oil jumped above $100 a barrel Wednesday, closing over that level for the first time in five months, Bloomberg reported.
November 16, 2011Volvo’s North American Deliveries Rise 43%
Volvo AB’s North American truck deliveries rose 43% in October from a year ago, to 4,045 units, the company said Wednesday.
November 16, 2011Trailer Bridge Files for Chapter 11
Trailer Bridge Inc., which provides high cube container shipping from Florida to Puerto Rico and the Dominican Republic, has filed for bankruptcy.
November 16, 2011Industrial Production Rises in October
Industrial production rose 0.7% in October, led by a gain in automobile output, the Federal Reserve said Wednesday.
November 16, 2011Consumer Price Index Dips 0.1% in October
The consumer price index declined 0.1% in October, the first decrease in four months, the Labor Department said Wednesday.
November 16, 2011Mica Praises Senate but Cites Concern on Highway Bill Approach
House Transportation Committee Chairman John Mica (R-Fla.) has sent a letter to his counterpart in the Senate congratulating her on the introduction of a surface transportation bill but taking issue with her two-year approach.