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.
Deutsche Post’s 4Q Profit Improves
Deutsche Post, the Germany-based parent company of DHL USA, said its fourth-quarter financial results due to the economic recovery, the Associated Press reported.
March 11, 2011FMCSA Extends EOBR Comment Period
The Federal Motor Carrier Safety Administration has extended to May 23 the comment period on its proposed onboard electronic recorder mandate.
March 11, 2011Business Inventories Rise 0.9%
Business inventories rose 0.9% in January, the Commerce Department said Friday.
March 11, 2011Consumer Confidence Falls From 3-Year High
Consumer confidence fell this month from a three-year high in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 11, 2011Intermodal Traffic Rises 1% for Week
Intermodal traffic rose 1% last week from a year ago, the Association of American Railroads said.
March 11, 2011U.S. Trade Deficit Jumps 15%
The U.S. trade deficit widened 15% in January, the biggest jump in seven months, the Commerce Department said Thursday.
March 10, 2011FMCSA to Pay for EOBRs on Mexican Trucks
The Federal Motor Carrier Safety Administration will require all Mexican trucks entering the United States to be equipped with electronic onboard recorders — and will pay for them, a Department of Transportation official said Wednesday.
March 10, 2011Quality Reports Fourth-Quarter Loss
Tank truck carrier Quality Distribution reported a loss for its fourth-quarter and full year but said it had operating profits for both periods.
March 10, 2011Steven Sill Named President of National Truck Equipment Assn.
The National Truck Equipment Association installed Steven Sill, president of the Aspen Equipment Co., as its new president, replacing Allen Birmingham.
March 10, 2011Jobless Claims Rise from Three-Year Low
Initial jobless claims rose by 26,000 last week from a three-year low, the Labor Department reported Thursday.
March 10, 2011