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, Autonomous

RoadLink USA Buys Intermodal Firm Transus

Intermodal and logistics firm RoadLink USA said Thursday that it has acquired Transus Intermodal, an intermodal trucking services company.

January 11, 2007

TT Podcasts: RoadSigns Archive

How can autonomous trucks fit into the freight transportation industry? Host Seth Clevenger chats with Waabi's Vivian Sun and Apex.ai's Jan Becker.

Business

Initial Jobless Claims Drop 26,000 for Week

First-time U.S. jobless claims fell by 26,000 last week to 299,000, the Labor Department said Thursday.

January 11, 2007
Business, Safety, Government, Equipment, Autonomous

ArvinMeritor to Develop Diesel-Electric Drivetrain for Wal-Mart

Trucking component maker ArvinMeritor and Wal-Mart Transportation have agreed to develop a dual-mode, diesel-electric drivetrain for a Class 8 tractor, the two said.

January 11, 2007
Business, Fuel, Government

Schwarzenegger Orders Calif. to Further Cut Fuel Emissions

California Gov. Arnold Schwarzenegger (R) plans to ask state regulators to require the state’s petroleum refiners and gasoline sellers to cut greenhouse-gas emissions by 10%, the New York Times reported Wednesday.

January 10, 2007
Business, Government, Autonomous

Trucking-Related Revenue Rose to $292 Billion in ’05

Trucking, couriers and messengers, and warehousing and storage revenue reached $292 billion in 2005, up from $266 billion the year before, the U.S. Census Bureau reported.

January 10, 2007
Business, Government, Autonomous

Paccar to Build $400 Mln. Powertrain Plant in Southeastern U.S.

Paccar Inc., the parent company of Kenworth Truck Co. and Peterbilt Motors Co., said late Tuesday it plans to build a new $400 million powertrain manufacturing plant in the southeastern United States.

January 10, 2007
Business, Government

Wholesale Inventories, Sales Gain for November

Wholesale inventories jumped 1.3% in November as sales rebounded from two consecutive declines, rising 1%, the Commerce Department said Wednesday.

January 10, 2007
Business, Government

U.S. Trade Deficit Narrowed in November, Commerce Reports

The U.S. trade deficit narrowed in November to its smallest level since July 2005 and, as exports reached a record and oil imports declined, the Commerce Department reported Wednesday.

January 10, 2007
Business, Technology, Equipment, Safety

DHS ’07 Security Grants Include More Port Security Funding

The Department of Homeland Security said Tuesday it will grant $445 million for fiscal year 2007 to protect critical infrastructure, including ports and transit systems.

January 10, 2007
Business, Safety, Government, Autonomous

Security & Safety Briefs — Jan. 4 - Jan. 10

Highway Watch Report Leads to Arrest • McMurray Named FMCSA’s Chief Safety Officer • Mass. Trucking Company Files Complaint Against FMCSA • Survey Cites Drivers’ HOS Compliance Concerns • And more...

January 10, 2007