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 Drops 14.9¢ to $4.353 a Gallon
The national diesel average declined 14.9 cents last week to $4.353 a gallon, the fourth straight drop that has lowered the price of trucking’s main fuel by 41.1 cents a gallon, the Department of Energy reported.
August 18, 2008Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Con-way Hires CFO from YRC Worldwide
Less-than-truckload carrier Con-way Inc. has hired the former chief financial officer of competitor YRC Worldwide as its new CFO.
August 15, 2008July Industrial Production Rises 0.2%
U.S. industrial production rose 0.2% in July, the Federal Reserve said Friday.
August 15, 2008Rail, Intermodal Traffic Decline 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 15, 2008Consumer Confidence Improves in August
U.S. consumer confidence improved this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index, released Friday.
August 15, 2008Oil Closes Week Below $114
Crude oil continued its slide of the last few weeks, falling $1.58 Friday to close the trading week at $113.43 a barrel on the New York Mercantile Exchange, Bloomberg reported.
August 15, 2008N.Y. State Manufacturing Index Shows Growth
Manufacturing growth in New York state improved this month, the Federal Reserve Bank of New York said Friday.
August 15, 2008Truck-Related Fatalities Declined Last Year, DOT Says
U.S. road fatalities and truck-related fatalities both declined last year, the Department of Transportation said Thursday.
August 14, 2008Volvo, Mack to Streamline U.S. Operations
Affiliated truck makers Mack Trucks and Volvo Trucks North America said Thursday they will concentrate each company’s manufacturing operations into a single U.S. location and will move Mack’s headquarters from Allentown, Pa., to Greensboro, N.C.
August 14, 2008Wal-Mart’s 2Q Earnings Jump 17%; Company Boosts Full-Year Outlook
Retailer Wal-Mart Stores said Thursday its fiscal second-quarter earnings jumped 17% and the company boosted its full-year outlook.
August 14, 2008