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.
Freight Shows More Growth in February Despite Series of Severe Winter Storms
Several February reports appear to indicate that a steadily improving economy holds long-term promise for trucking, despite the negative freight effects of recent winter weather.
February 21, 2011EDI 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.
Canada Pushes Ahead With Biodiesel Plan Regardless of Trucking Industry Concerns
The Canadian government announced it is pushing forward with its plan for a national 2% biodiesel mandate, setting July as its implementation date despite truckers’ concerns.
February 21, 2011ATA, L.A. Port File Final Briefs With Court in Dispute on Use of Owner-Operators
Lawyers for American Trucking Associations and the Port of Los Angeles completed filing their written legal arguments last week over the port’s attempted ban on independent owner-operators.
February 21, 2011Recent Surge in Orders for New Trucks Expected to Slow in 2011, Experts Say
CORAL GABLES, Fla. — The recent surge in heavy-duty truck orders will slow as the buying focus shifts from better-capitalized large fleets to smaller carriers that may not be able to afford as much new equipment, industry experts said.
February 21, 2011FedEx Lowers 3Q Forecast Due to Weather, Fuel Costs
Severe winter weather, along with rising fuel prices, are taking a toll on some freight companies, prompting FedEx Corp. to reduce its earnings forecast for its current quarter by 25 cents a share.
February 21, 2011Diesel Jumps 2.1¢ to $3.534 for 11th Straight Increase
The U.S. diesel average rose for the 11th straight week, this time by 2.1 cents a gallon, to $3.534, the Department of Energy said, making for an 11.8% increase since the end of November.
February 21, 2011Oil Finishes Week Over $86 a Barrel
Oil fell slightly Friday but finished the trading week over $86 a barrel to the New York Mercantile Exchange, Bloomberg reported.
February 18, 2011England Logistics Buys Software Company
England Logistics said Tuesday it bought software maker TMS Technologies for an undisclosed sum.
February 18, 2011Two Logistics Providers Expand Through Acquisitions
Two logistics companies expanded through acquisitions, with a Philadelphia freight forwarder buying parts of two California firms and a Detroit-area company buying a Spanish firm.
February 18, 2011ATA, Port of L.A. File Final Court Briefs Over Use of Owner-Operators
American Trucking Associations and the Port of Los Angeles have completed filing written legal arguments over the port’s attempted ban on independent owner-operators.
February 18, 2011