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.
China’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, 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.
Jobless Claims Fall for Third Week
Initial jobless claims fell for a third straight week, the Labor Department said Thursday.
August 28, 2008Missouri Sets Some Left-Lane Restrictions
Beginning Thursday, Missouri will ban big rigs from driving in the left lane of highways with three or more lanes in a single direction, the Kansas City Star reported.
August 28, 2008Editorial: Truck Driver Appreciation
A good rule of thumb is that you cannot appreciate truck drivers too much. But we’re convinced that expression of admiration for what America’s 3.5 million professional drivers accomplish on a daily basis carries a certain value.
August 27, 2008Volvo’s North American Sales Drop 2%
Volvo AB said deliveries by its four truck brands rose 2% worldwide in July, but fell by 2% in North America, Bloomberg reported Wednesday.
August 27, 2008Chicago’s O’Hare Conducts Mobile Cargo Screening
The Transportation Security Administration for the first time has used a mobile X-ray machine capable of screening contents of large cargo containers to check trucks entering Chicago’s O’Hare International Airport, the Associated Press reported.
August 27, 2008Durable Goods Orders Rise 1.3% in July
Durable goods orders rose 1.3% in July, the Commerce Department said Wednesday.
August 27, 2008Diesel Falls 6.2¢ to $4.145 a Gallon
The average national price of retail diesel fuel continued its downward trend, falling 6.2 cents to $4.145 a gallon, the Department of Energy said Monday.
August 26, 2008Opinion: Outsourcing — Trucking’s Elephant in the Room
The transportation industry is in a dangerous place, one where even well-known industry players such as Jevic Transportation, which closed its doors in May, and Jim Palmer Trucking, which filed for Chapter 11 bankruptcy protection in July, can go under — taking their employees with them.
August 26, 2008New Home Sales Rebound in July
New home sales rose in July from a 17-year low the previous month, the Commerce Department said Wednesday.
August 26, 2008