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

Patriot Transportation Sets 3-for-1 Stock Split

Tank and bulk carrier Patriot Transportation Holding said its board has approved a 3-for-1 stock split, effective in January.

December 2, 2010

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Business, Logistics

Swift IPO Set for This Month Could Top $1 Billion

Swift Holdings Corp. said it plans to raise as much as $1.01 billion in an initial public offering this month that could be the largest ever for a truckload fleet.

December 2, 2010
Government, Business

Fed Reports Improving Transportation Demand in Many Areas

U.S. economic activity continued to improve between October and mid-November, and demand for transportation services increased in many areas, the Federal Reserve said.

December 2, 2010
Business

Jobless Claims Jump 26,000 for Week

Initial jobless claims rose by 26,000 last week, the Labor Department said Thursday.

December 2, 2010
Business

Vitran Sells Truckload Unit Frontier Transport

Vitran Corp. said it sold truckload carrier Frontier Transport Corp. to Online Transport, an Indianapolis-based carrier, for about $5 million.

December 1, 2010
Business

ISM Manufacturing Index Shows Continued Expansion

U.S. manufacturing activity slipped slightly in November but showed continued expansion for the 16th straight month, the Institute for Supply Management said Wednesday.

December 1, 2010
Business

Construction Spending Rises 0.7% in October

Construction spending rose 0.7% in October, the Commerce Department said.

December 1, 2010
Business

3Q Productivity Revised Upward to 2.3%

U.S. workers’ productivity rose at a 2.3% annual rate in the third quarter, higher than previously estimated, the Labor Department said Wednesday.

December 1, 2010
Business

Companies Add More Jobs Than Forecast, ADP Says

U.S. companies boosted payrolls by the most in three years in November, propelled by increased hiring at small businesses, according to a private report released Wednesday.

December 1, 2010
Government, Business

CARB May Be Flexible on Reefer Retrofits

California environmental regulators have pledged to cut truckers some slack early next year while enforcing the state’s amended transport refrigeration unit rule that will require all refrigerated trucks and trailers be equipped with low emission TRU retrofits or engines on their 2003 trucks and trailers by Dec. 31.

Eric Miller | Senior Reporter
November 30, 2010