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.
Iowa 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.
Port of L.A. Exports Reach Record
Container volume at the Port of Los Angeles rose 12.3% from a year ago, with exports reaching a record, the port said Tuesday.
November 15, 2011NTSB Rejects Tank Carriers’ Request in Wetlines Case
The National Transportation Safety Board has rejected a request to reconsider its findings in a 1997 fatal accident used to justify stricter wetlines rules.
Meritor’s 4Q Profit Jumps on Stronger Truck Market
Components maker Meritor Inc. said Tuesday its fiscal fourth-quarter profit jumped from a year ago on a stronger global truck market.
November 15, 2011