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, Logistics

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, 2010

Best 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.

Business

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, 2010
Business

Landstar’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, 2010
Business, Fuel

EPA 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, 2010
Business, Fuel, Government

U.S. Trade Deficit Widens

The U.S. trade deficit widened by 8.8% in August, the Commerce Department said Thursday.

October 14, 2010
Business

Producer 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, 2010
Business

Jobless Claims Increase for Week

Initial jobless claims grew by 13,000 last week, the Labor Department said Thursday.

October 14, 2010
Business

Integrated Freight Buys Wichita Truckload Carrier

Integrated Freight has acquired refrigerated truckload carrier Bruenger Trucking Co. for $11 million, the companies said.

October 14, 2010
Business, Safety

Opinion: 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, 2010
Business, Fuel

DOE 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