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.
Trailer Bridge’s 3Q Income Declines
Trailer Bridge Inc.’s third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago.
November 16, 2010EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Producer Price Index Rises 0.4%
Prices paid to U.S. producers rose 0.4% in October, the Labor Department said Tuesday.
November 16, 2010P.A.M. to Open Mexico Offices
P.A.M. Transportation Services said it has received authorization from Mexico’s Department of Economy to establish a network of offices in that country as “key markets” in which it plans to expand.
November 16, 2010FedEx Calls for Tax Credits for Electric Vehicles
FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported.
November 15, 2010European Truck Makers MAN, Scania Consider Joint Efforts
European truck makers Scania AB and MAN SE are considering a joint effort to make commercial vehicles and potentially become Europe’s largest truck maker, Bloomberg reported Monday.
November 15, 2010Caterpillar to Buy Mining Equipment Firm for $8 Billion
Heavy-equipment maker Caterpillar Inc. said Monday it will buy a mining equipment company in a deal valued at more than $8 billion.
November 15, 2010Business Inventories Rise 0.9%
Business inventories rose 0.9% in September, the Commerce Department said Monday.
November 15, 2010New York ‘Empire’ Manufacturing Index Contracts
Manufacturing activity in the New York region contracted this month, the Federal Reserve Bank of New York said Monday.
November 15, 2010Retail Sales Take Biggest Jump in Seven Months
October U.S. retail sales jumped 1.2%, the biggest gain in seven months, the Commerce Department said Monday.
November 15, 2010Changes in LTLs’ Vocabulary Illustrate Improving Business
Unfamiliar words such as “stability” and “price increases” are creeping into the less-than-truckload sector’s vocabulary these days, after a turbulent two years of rate cutting, market-share swings and some astronomical losses.
November 15, 2010