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

Trucking Payrolls Steady as Unemployment Rate Holds at 9.6%

The September U.S. unemployment rate held at 9.6%, as total payrolls fell by 95,000 jobs and trucking payrolls held steady, the Labor Department said Friday.

October 8, 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

Shipping Firm Makes Monthly Calls at S.C. Port

Liberty Global Logistics, an American-flag ocean carrier, is now making regular monthly calls at the Port of Charleston’s Veterans Terminal.

Michele Fuetsch | Staff Reporter
October 8, 2010
Business

Wholesale Inventories Rise 0.8%

Wholesale inventories rose 0.8% in August, the Commerce Department said Friday.

October 8, 2010
Business, Logistics

Intermodal Traffic Rises for Week

Intermodal rose 16.5% for the week ended Saturday, the Association of American Railroads said.

October 8, 2010
Business

Renault Sells $4.4 Billion Stake in Volvo

Renault SA, France’s second-largest automaker, is selling a 14.9% stake in Volvo AB valued at 3.15 billion euros, or about $4.4 billion, Bloomberg reported.

October 7, 2010
Business

Jobless Claims Fall 11,000 for Week

Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.

October 7, 2010
Business

UPS to Hire 50,000 Seasonal Workers

UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported.

October 7, 2010
Business, Technology

Opinion: Trucking Tech Seizes the Day

Long known for its simplistic and low-tech approach to logistics, the trucking industry fortunately has begun to realize how valuable technology can be in improving productivity and boosting efficiency throughout a company.

October 7, 2010
Business

ArvinMeritor Previews ‘Intelligent’ Axle System

Truck component maker ArvinMeritor Inc., Troy, Mich., unveiled a wired “intelligent” axle system that optimizes lubrication during operation. It may improve fuel economy in heavy trucks equipped with the technology, the company said.

October 6, 2010
Business, Logistics

P.A.M. Sells Logistics Unit

P.A.M. Transportation Services said it sold its brokerage operation in Paulsboro, N.J., which did business as East Coast Transport & Logistics.

October 6, 2010