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.
Senate Panel to Examine Pipeline Safety Sept. 29
A Senate subcommittee has scheduled a hearing to examine the management and safety of the country’s intricate pipeline system.
A Critical Examination: What is the Path Towards Gaining 100% Visibility on Every Brokered Load?
View this webinar.
September 24, 2015WEC Energy Group to Sell Trillium CNG
WEC Energy Group will sell its subsidiary Trillium CNG, a provider of compressed natural gas fueling services as well as a fueling station design, construction, operation and maintenance, said a Trillium spokeswoman representing both companies.
September 24, 2015Commodity Forwarders Acquires Peninsula of Boston
Commodity Forwarders has reached an agreement to acquire perishables forwarder Peninsula of Boston. The acquisition of Peninsula gives Commodity Forwarders a presence in Boston to tap into the local market and strengthen its position in New York.
September 24, 2015Caterpillar to Cut 10,000 Jobs Over Four Years as Mining, Energy Slumps Continue
Caterpillar Inc., the world’s biggest mining and construction machinery manufacturer, reduced its sales forecast and said it will cut as many as 10,000 jobs over four years in response to a slowdown in the mining and energy industries.
September 24, 2015China Sitting on an Ocean of Diesel Fuel
Fewer Americans Than Expected File for Jobless Claims
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign that a steady labor market will bolster U.S. growth.
Orders for Business Equipment Stall After Two-Month Gain
The momentum in orders for business equipment stalled in August after gains the prior two months as U.S. investment took a breather amid volatility in financial markets and concerns that global growth is slowing.
September 24, 2015Did Indiana Spend $71 Million on Defective Asphalt?
Indiana roads are crumbling prematurely, and lawmakers want to know if the state bought $71 million in defective asphalt.
September 23, 2015FedEx Freight’s Eric Vos Named TMC SuperTech 2015 Grand Champion
Eric Vos of Boise, Idaho, and FedEx Freight has been named Grand Champion of the TMC SuperTech 2015 National Technicians Skills Competition. See a list of all station winners as well.
September 23, 2015