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.
Initial Jobless Claims Fall to 10-Month Low
Initial jobless claims fell to a 10-month low last week, the Labor Department said Thursday.
October 8, 2009EDI 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.
ATA’s Graves Cites Trucking’s ‘Transformational Moment’
LAS VEGAS — American Trucking Associations President Bill Graves told trucking executives here that even after surviving a tough 2009, trucking’s future could hold more challenges given the changes being faced by both the industry and the country as a whole.
October 7, 2009Diesel to Average $2.60 in Fourth Quarter, DOE Says
Diesel will average $2.60 in the fourth quarter, down slightly from the August-September average of $2.63, the Department of Energy said in its monthly short-term energy outlook.
October 7, 2009Onboard Systems Are Safe, Providers Say
Manufacturers of onboard communication systems for trucking defended their products’ safety, and some said that they can be used with minimal distraction from driving.
October 7, 2009Oil Dips Following Inventory Report
Oil dipped slightly Wednesday following a Department of Energy report that showed inventories of gasoline and distillates rose last week, Bloomberg reported.
October 7, 2009ProLogis Warehouse Report Shows Declines in Activity
Vacancy rates have increased while utilization and new construction of distribution facilities have fallen in the past year, according to a Sept. 21 report on industrial property trends by warehouse operator ProLogis.
October 7, 2009Echo Global Logistics Files Stock Sale Plan With SEC
Echo Global Logistics Inc. filed a registration statement with the Securities and Exchange Commission that said the third-party logistics operator intends to raise about $80 million by selling shares to the public.
October 7, 2009Scania to Supply Trucks for DHL Contractors
Swedish truck maker Scania said it signed an agreement with German transport and logistics company DHL, which recommends Scania as the truck vendor for DHL contractors.
October 7, 2009Outlook Uncertain on Highway, Climate-Change Bills
LAS VEGAS — With the attention of Congress and the Obama administration focused elsewhere, several political observers said the prospects for major actions like the highway bill and climate change legislation passing this year could be dim.
October 6, 2009DHS Extends States’ REAL ID Deadline
The Department of Homeland Security has given states an additional six weeks to request an extension to implement toughened drivers’ licenses and identification card security standards mandated by the REAL ID Act of 2005.
October 6, 2009