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.
Oil Rises $1 to Finish Week Over $78 a Barrel
Oil rose nearly $1 Friday to a one-year high over $78 a barrel, as U.S. industrial production improved more than forecast, Bloomberg reported.
October 16, 2009Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
DOT Freight Index Shows Second Straight Monthly Gain
The Department of Transportation’s freight transportation services index fell in August from a year ago but showed a second straight month-to-month improvement, DOT said Thursday.
October 16, 2009Correction: Canadian Firm Bruce R. Smith Ltd. Is Restructuring
A story on TTNews.com Wednesday incorrectly stated that Canadian trucking firm Bruce R. Smith Ltd. was in “bankruptcy.”
October 16, 2009Intermodal Traffic Falls for Week
U.S. intermodal rail traffic fell 11% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 16, 2009Philadelphia Factory Index Expands in October
Manufacturing levels in the Philadelphia expanded at a slower pace in October than in September, the Federal Reserve Bank of Philadelphia said Thursday.
October 15, 2009New York Factory Index Jumps to Highest Level in 5 Years
Manufacturing activity in the New York region rose for a third straight month in October, reaching the highest level in more than five years, the Federal Reserve Bank of New York said Thursday.
October 15, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009YRC Units Announce Speedup In Service, Logistics Contract
YRC Worldwide Inc. said that its less-than-truckload unit has sped up cross-border trucking service and its logistics unit has been awarded a management contract in Peru.
October 15, 2009Oil Tops $75 a Barrel in 12-Month High
Oil held at more than $75 a barrel early Thursday, a one-year high, in advance of an Energy Department report on weekly inventories, Bloomberg reported.
October 15, 2009Consumer Price Index Increases in September
The consumer price index rose 0.2% in September, the Labor Department said Thursday.
October 15, 2009