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

Dependable Highway Express Acquires Drayage Firm

Dependable Highway Express, the regional trucking division of Dependable Logistics Services, said Wednesday it had acquired drayage firm J & M Trucking.

March 25, 2009
Business, Logistics

DSC Logistics Launches Short-Term Storage Program

DSC Logistics has launched a program called FLEXSPACE 2009, a short-term storage space option intended to give shippers flexibility as their supply chain needs change, the company said Tuesday.

March 25, 2009
Business, Fuel, Government

FedEx May Scrub $7.7 Bln. Order for New Jets

FedEx Corp. said it may not go through with a $7.7 billion purchase of 30 new jet planes for air freight if federal law is changed to make it easier for its employees to join a union, Bloomberg reported.

March 25, 2009
Business, Safety, Government

LaHood Says U.S. Seeking to Revive Mexican Trucking Plan

Transportation Secretary Ray LaHood wants to revive the cross-border trucking program with Mexico that lets some carriers from that country deliver goods into the United States beyond a set border zone, Bloomberg reported Tuesday.

March 24, 2009
Business, Government

Sen. Specter Opposes Card Check Bill

Sen. Arlen Specter, the only Republican senator to support the Employee Free Choice Act when it was debated two years ago, said Tuesday he would vote against the legislation, the Associated Press reported.

March 24, 2009
Fuel, Business, Logistics

Diesel Jumps 7.3¢ to $2.09 a Gallon

Diesel fuel rose 7.3 cents to a national average $2.09 per gallon, sharply reversing its downward trend since last summer, the Department of Energy said Monday.

March 24, 2009
Business, Government, Safety, Fuel

EPA Eyes Regulating Greenhouse Gas Emissions

The Environmental Protection Agency may seek to limit greenhouse gas emissions, the Washington Post reported Tuesday.

March 24, 2009
Business, Logistics

AutoInfo Profit Jumps in 2008

Logistics provider AutoInfo Inc. said it earned $2.2 million, or 7 cents per share, in 2008, compared with a profit of $1.6 million, or 5 cents, the previous year.

March 24, 2009
Business

Hub Issues 1Q Outlook

Hub Group Inc. said its first-quarter will be 15 to 20 cents per share, including an $800,000 severance plan.

March 24, 2009
Business

WABCO’s CEO to Become Chairman in May

WABCO Holdings said Tuesday that the company’s chief executive officer, Jacques Esculier, will become the company’s chairman in May.

March 24, 2009