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.
Diesel 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, 2009Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Onboard 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, 2009YRC Names Tim Wicks Chief Operating Officer
YRC Worldwide has named Tim Wicks, formerly the company’s chief financial officer, to the newly created position of chief operating officer.
October 6, 2009Opinion: It’s the Message That Matters
As someone who spent many years campaigning with a political “R” after his name, you might think what I’m about to say seems a little strange: There is a lot to like about President Obama.
October 6, 2009