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.
Weekly Intermodal Traffic Improves
Intermodal traffic rose 13.1% compared with last year in the week ended Saturday, the Association of American Railroads said.
October 15, 2010Best 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.
DOT Freight Transportation Services Index Improves in August
The Department of Transportation’s freight transportation services index rose 1.2% in August from a year earlier, the sixth year-to-year gain, but slipped from July, DOT said Thursday.
October 14, 2010Landstar’s Third-Quarter Earnings Improve
Truckload carrier Landstar System said Thursday its third-quarter earnings rose to $21.8 million, or 44 cents per share, from $20.1 million, or 39 cents, a year ago.
October 14, 2010EPA to Allow 15% Ethanol for Newer Cars, Light Trucks
The Environmental Protection Agency said it will allow up to 15% ethanol content in gasoline for newer vehicles, up from the current 10%.
October 14, 2010U.S. Trade Deficit Widens
The U.S. trade deficit widened by 8.8% in August, the Commerce Department said Thursday.
October 14, 2010Producer Price Index Rises for Third Month
Prices paid to U.S. producers rose 0.4% in September, the third straight monthly gain, the Labor Department said Thursday.
October 14, 2010Jobless Claims Increase for Week
Initial jobless claims grew by 13,000 last week, the Labor Department said Thursday.
October 14, 2010Integrated Freight Buys Wichita Truckload Carrier
Integrated Freight has acquired refrigerated truckload carrier Bruenger Trucking Co. for $11 million, the companies said.
October 14, 2010Opinion: Downtime and Subrogation
Insurance companies and motor carriers pursue subrogation aggressively today. It was not always so. In years past, the focus was on adjusting claims, getting vehicles back on the road and closing files as soon as possible.
October 14, 2010DOE Boosts 2010 Diesel-Price Forecast by 3¢, to $2.96 a Gallon
The Department of Energy boosted its projected 2010 diesel-price forecast by 3 cents to $2.96 a gallon, and lifted its forecast for 2011 by 4 cents, to $3.14.
October 13, 2010