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

Exports Boosting Truck Sales for North American Makers

Fed by the international economic recovery and a weak U.S. dollar, North American truck makers are enjoying a sharp upturn in sales of heavy-duty trucks to the rest of the world, particularly Central and South America, Africa, the Middle East and Australia.

June 6, 2011

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business

ATA Completes $23 Million Renovation of Capitol Hill Office for Lobbying Staff

WASHINGTON — American Trucking Associations late last month moved its legislative affairs staff into its newly renovated and expanded office complex on Capitol Hill.

June 6, 2011
Business, Fuel

Diesel Fuel, Gasoline Prices Decline Again

The average price of a gallon of retail diesel fuel in the United States declined 4.9 cents to $3.948, the fourth consecutive weekly drop, the Department of Energy reported.

June 6, 2011
Business, Logistics

GSC Logistics Buys Seattle’s Best Way Trucking

Third-party logistics provider GSC Logistics said it has purchased Seattle-based Best Way Trucking, effective June 1. Terms were not disclosed.

June 3, 2011
Business

Unemployment Rate Rises to 9.1% in May

The U.S. unemployment rate rose a tenth of a point in May to 9.1%, while the economy added 54,000 jobs to payrolls, the Labor Department said Friday.

June 3, 2011
Business, Logistics

Global Shipper Group to Incorporate

The first formal association of international shippers, including the National Industrial Transportation League, has formed under the banner of the Global Shippers Forum to raise the profile of freight groups in an increasingly global marketplace.

Rip Watson | Special to Transport Topics
June 3, 2011
Business

Descartes Systems’ Profit Jumps in Fiscal 1Q

Descartes Systems Group’s fiscal first-quarter net income rose to $2.2 million from $200,000.

June 3, 2011
Perspective, Business, Logistics

Opinion: Think Inside the Box

Because transportation costs outweigh warehousing costs several times over and continue to rise, most companies think outside that big box called the warehouse when the topic is logistics and concentrate instead on how things get to their destination.

June 3, 2011
Business

Canadian Postal Workers Begin Rolling Strikes

Canadian postal workers began a series of rolling strikes late Thursday night after talks with the government-owned postal agency failed to yield an agreement, Bloomberg reported Friday.

June 3, 2011
Business

Section of I-86 Closed in New York State

A 3.5-mile stretch of westbound Interstate 86 in New York state could remain closed for most of the summer due to a slope failure, the New York State Department of Transportation said.

June 2, 2011