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.
Consumer Confidence Improves in August
U.S. consumer confidence improved in August, according to the latest Reuters/University of Michigan monthly consumer sentiment index, released Friday.
August 29, 2008QuickBooks for Trucking: Connecting QuickBooks to Your TMS
Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.
Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region improved in August, the National Association of Purchasing Management said Friday.
August 29, 2008Gulf Oil Rigs Evacuated as Hurricane Gustav Strengthens
Workers evacuated offshore oil platforms in the Gulf of Mexico Friday as Hurricane Gustav strengthened, potentially threatening the same region that Hurricane Katrina devastated three years ago, news reports said.
August 29, 2008Personal Spending Rises 0.2% in July
Consumer personal spending rose 0.2% in July, while prices rose by the most in 17 years, the Commerce Department said Friday.
August 29, 2008DOT Won’t Block DHL-UPS Air Deal
Transportation Secretary Mary Peters told Ohio Gov. Ted Strickland (D) she does not believe the plan by DHL Express to use UPS Inc. for its U.S. air cargo operations constitutes unfair competition.
August 29, 2008Intermodal Traffic Drops for Week
Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 29, 2008Truck Tonnage Gains 4.4% in July
Truck tonnage jumped 4.4% in July from a year earlier, marking the eighth straight year-over-year increase, American Trucking Associations said.
August 28, 2008NAFTA Surface Trade Jumps 6.6%
Surface trade among the United States, Canada and Mexico jumped 6.6% in June from a year ago, the Department of Transportation said Thursday.
August 28, 2008ArvinMeritor Dedicates Mexico Plant
Truck components maker ArvinMeritor Inc. said it dedicated a new $30 million manufacturing facility in northern Mexico for trucks built in the United States and Canada.
August 28, 2008China’s Largest Truck Company’s Profit Rises 40%
China’s largest truck maker, Sinotruk, boosted a first-half profit 40% as consumers rushed to buy vehicles before the introduction of a new emissions regulation, Bloomberg reported Thursday.
August 28, 2008