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.
Growth at Service Providers Near Strongest in Decade
Growth at service industries from retailers to restaurants hovered in August near the strongest in a decade, a sign U.S. demand was buoyant in the face of financial-market turmoil.
Omnitracs Offers Professional Services Suite
Omnitracs said it is offering a compilation of tools, resources and services designed to help fleet customers make fuller use of its technology products.
Shrinking US Trade Gap Shows Economy's Underlying Strength
The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.
Consumer Comfort Eases as Attitudes on Economy Falter
Consumer confidence in the United States eased last week, with Americans becoming more pessimistic about the state of the economy as global financial markets turned south.
September 3, 2015Jobless Claims Rise to 8-Week High
Filings for U.S. unemployment benefits rose more than forecast to an eight-week high, representing a pause in a trend of more muted firings.
Foxx, Hoffa, Barbour to Talk Infrastructure at Press Club on Sept. 9
The need to fund infrastructure projects nationwide will be discussed at the National Press Club on Sept. 9 during a panel featuring Transportation Secretary Anthony Foxx, Teamsters President James Hoffa and former Mississippi Gov. Haley Barbour (R).
FRA Offers Grants for Grade-Crossing Safety Features
The Federal Railroad Administration is soliciting applications for $10 million in competitive grants available to states to improve highway-rail grade crossings and track along routes that transport energy products such as crude oil and ethanol.
September 2, 2015Sen. Barbara Boxer: Congress Will Get Three-Year Highway Bill Done
The top Democrat on the Senate’s transportation panel is predicting that Congress will approve a three-year highway bill, possibly as early as this fall.
Eaton Names Pattada President of North American Vehicle Group
Truck component maker Eaton Corp. has appointed Pavan Pattada president of its Vehicle Group in North America.
September 2, 2015First Commercial Tire Retread Facility Opens In Western Canada
Continental Tire and Quality Tire Service, the largest independent tire dealer in Saskatchewan, said they have opened the first commercial tire retread facility in western Canada.
September 2, 2015