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.
Consumer Confidence Drops in June
Consumer confidence fell in June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 1, 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.
South Carolina Ports Approve Budget
The board of directors at the South Carolina State Ports Authority has approved a fiscal 2012 budget that includes more than $80 million in capital projects, and projects a 6.6% rise in container traffic for the fiscal year beginning Friday, July 1
July 1, 2011Intermodal Traffic Rises 3.3% for Week
Intermodal traffic rose 3.3% last week from a year ago, the Association of American Railroads reported.
July 1, 2011DOT Sets $527 Million in New Transportation Grants
Transportation Secretary Ray LaHood said Thursday that $527 million will be available for a third round of competitive transportation grants to fund infrastructure projects nationwide.
June 30, 2011Oil Rises to Top $95 a Barrel
Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.
June 30, 2011Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area rose in June, the Institute for Supply Management-Chicago said Thursday.
June 30, 2011Initial Jobless Claims Dip 1,000 for Week
Initial jobless claims fell by 1,000 to 428,000 last week, the Labor Department said Thursday.
June 30, 2011NAFTA Surface Trade Rises 12.1%
Surface transportation trade among the United States, Canada and Mexico increased 12.1% in April from a year ago, the U.S. Department of Transportation said Wednesday.
June 29, 2011UPS, Merck Expand Logistics Agreement
UPS Inc. and pharmaceutical firm Merck & Co. said they have broadened their existing distribution and logistics agreement to include aspects of Merck’s global supply chain.
June 29, 2011FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011