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, Safety

Intermodal Traffic Rises 5.8% for Week

Intermodal traffic rose 5.8% last week compared with a year ago, though trailer traffic was down slightly, the Association of American Railroads reported.

January 21, 2011

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business

Intermec Acquires Warehouse Tech Firm

Supply chain technology firm Intermec Inc. said it will acquire Vocollect Inc., a warehouse technology firm focused on voice-enabled products.

January 21, 2011
Business

Covenant to Report Fourth-Quarter Profit

Covenant Transportation Group said it will report a fourth-quarter 2010 profit of 3 to 7 cents per share, topping its performance in the year-ago quarter.

January 20, 2011
Business

Existing Home Sales Jump 12% in December

Existing home sales rose 12% in December, the National Association of Realtors said Thursday.

January 20, 2011
Government, Business

Leading Economic Indicators Jump in December

An index of leading economic indicators increased in December, the six consecutive monthly increase, the New York-based Conference Board said Thursday.

January 20, 2011
Business, Equipment

Philadelphia Manufacturing Expands in January

Manufacturing activity in the Philadelphia region slipped but still showed expansion for a fourth straight month, the Federal Reserve Bank of Philadelphia said Thursday.

January 20, 2011
Business, Logistics

Union Pacific’s 4Q Profit Jumps 41%

Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.

January 20, 2011
Business

Initial Jobless Claims Decline for Week

Initial jobless claims fell by 37,000 last week, the biggest weekly decline in almost a year, the Labor Department said Thursday.

January 20, 2011
Perspective, Business

Opinion: Driver Dock Detention Costs All

Anne Ferro, administrator for the Federal Motor Carrier Safety Administration, recently addressed members of the National Industrial Transportation League about an issue that’s become all too common industrywide — driver detention at the docks.

January 20, 2011
Business

Con-way Freight Sets New Cargo-Loading System

Con-way Freight said Wednesday it has deployed a SafeStack load management and cargo protection system across its fleet of 16,800 freight trailers in North America.

January 19, 2011