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.
DOT Freight Transport Index Jumps 6.9%
The Department of Transportation said its freight transportation services index jumped 6.9% in January from a year earlier, and sharply revised upward the reading for 2010.
March 9, 2011Navistar Reports Fiscal 1Q Profit Excluding Integration Costs
Navistar International Corp. Wednesday reported a loss for its fiscal first quarter but said the period was profitable excluding integration costs.
March 9, 2011Celadon Sees Benefits in U.S.-Mexico Cross-Border Trucking Pact
Celadon Group has prepared for the U.S.-Mexican border to open to commercial truck traffic for years and is well positioned for an expanded agreement between the two countries, Bloomberg reported Wednesday.
March 9, 2011Opinion: S Corporations and Trucking
What was the most important event that occurred in 1958? The creation of NASA? Perhaps the birth of the King of Pop? For privately owned trucking and logistics companies, there is only one answer: tax legislation permitting S corporations.
March 9, 2011Rule Would Allow More Hazmat Inspections
An impending Department of Transportation rule will expand enforcement authority of federal regulators to conduct “enhanced inspections” and investigations of packaged hazardous materials.
March 8, 2011DOE Boosts Diesel, Gas Price Projections
The Department of Energy boosted its projected diesel average this year by 38 cents, to $3.81 a gallon, though the most recent weekly price already tops that level.
March 8, 2011Correction
Due to a production error, Navistar’s ad in this week’s print edition, entitled “The Customer-Friendly Emissions Solution,” failed to print properly. As a result, much of the text on Page 3 is missing. We will be printing a corrected version of the ad in the March 14 edition.
March 8, 2011CARB Reefer Compliance Deadline is March 31
The California Air Resources Board’s deadline for food transporters with model-year 2003 transport refrigeration units to install retrofits is March 31, the agency said.
March 8, 2011ABF’s Regional Network Adds Western Reach
ABF Freight System said it is expanding service to the western United States to provide increased shipment velocity to 95% of lanes between major markets in the West.
March 8, 2011NFI Acquires 3PL World Warehouse and Distribution
NFI Industries said it acquired World Warehouse and Distribution, a Champlain, N.Y., third-party logistics and warehousing firm. Terms were not disclosed.
March 8, 2011