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.
Congress, Obama Extend Transportation Funding Through Early March
President Obama has signed legislation extending funding of federal transportation programs through March 4.
December 30, 2010Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region jumped this month, indicating overall strength in the U.S. economy, the Institute for Supply Chain Management-Chicago said Thursday.
December 30, 2010Saddle Creek Buys ProLog to Add Service
Logistics company Saddle Creek Corp. said it acquired ProLog Logistics Inc., a warehousing operator.
December 30, 2010Court Grants FMCSA Extension on HOS Logbook Rule
A federal appeals court granted the Federal Motor Carrier Safety Administration an extension on its proposal for hours-of-service documents until Jan. 31.
December 30, 2010Intermodal Traffic Jumps for Holiday Week
Intermodal traffic jumped 25.1% last week compared with the same week a year ago, the Association of American Railroads said Thursday.
December 30, 2010Intermodal Freight Volume Moved Back to Pre-Recession Levels in 2010
Intermodal freight volume climbed back late in 2010 to pre-recession levels, driven by cost considerations of both shippers who moved more international import goods and truckers who shifted more freight onto the rails.
December 30, 2010Initial Jobless Claims Drop for Week
Initial jobless claims fell last week to the lowest level in almost two and half years, the Labor Department said Thursday.
December 30, 2010Federal Funds Helped States Pay for Transportation Work in 2010
Fallout from the recession continued to dominate states’ transportation decisions during 2010, as some federal money flowed in, but tax revenues for many remained depressed.
December 30, 2010Accuride Resumes NYSE Trading
Commercial vehicle parts maker Accuride Corp. was relisted on the New York Stock Exchange in December.
December 29, 2010FMCSA Posts Proposed Hours-of-Service Rule
The Federal Motor Carrier Safety Administration published its proposed hours-of-service rule in Wednesday’s Federal Register, outlining the details of the proposal it first released last week.
December 29, 2010