Business

About Business News...

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.

Business, Government

Consumer Price Index Rises 0.5% in July

The consumer price index rose 0.5% in July as food and energy costs increased, the Labor Department said Thursday.

August 18, 2011

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business

Initial Jobless Claims Rise 9,000 for Week

Initial jobless claims increased by 9,000 last week to 408,000, the Labor Department said Thursday.

August 18, 2011
Perspective, Business

Opinion: No Longer a ‘Penny Business’

Vernaculars can expedite commerce, provided all parties understand the lingo, but using it outside an industry may frustrate communications when being clearly understood is vitally important — particularly if money is involved.

August 18, 2011
Government, Business

DOT Awards $417 Million for State Highway Projects

Transportation Secretary Ray LaHood said DOT will grant $417 million to fund highway infrastructure projects, ranging from interstate maintenance to research into innovative bridge materials and construction methods.

August 17, 2011
Business

Producer Price Index Rises 0.2% in July

Prices paid to U.S. producers rose 0.2% in July, the Labor Department said Wednesday.

August 17, 2011
Business

Con-way Freight Driver Named Truck Driving Grand Champion

ORLANDO, Fla. — Paul Phillips, a Con-Way Freight driver from Coarsegold, Calif., was named the 2011 Bendix National Truck Driving Championships Grand Champion.

Greg Johnson | Staff Reporter
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August 17, 2011
Business

Con-way Earns $29.4 Million, Doubling Its 2Q 2010 Income

Con-way Inc. more than doubled its net income from the second quarter last year, based on strong improvements at both of its trucking units.

August 17, 2011
Business, Technology

iTECH: Rebooting IT Systems After Disasters

PHOENIX — Motor carriers have long feared disasters such as fires, floods, hurricanes and tornadoes because of their ability to snarl freight transportation, but with fleets now more dependent on computer systems than ever before, there is also an information technology component to disaster recovery.

August 17, 2011
Business

Industrial Production Jumps 0.9% in July

Industrial production jumped 0.9% in July, the largest gain this year, as automobile manufacturing surged, the Federal Reserve said Tuesday.

August 16, 2011
Business, Fuel

Diesel Drops 6.2¢ to $3.835 in Third Straight Decline

Diesel’s national average pump price fell for a third straight week, declining 6.2 cents to $3.835 a gallon, while gasoline dropped 7 cents to $3.604, the Department of Energy reported.

August 16, 2011