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.
U.S. Oil to Build Five CNG Stations for C.A.T.
U.S. Oil will build five of its GAIN Clean Fuel compressed natural gas stations for Canadian carrier Canadian American Transportation Inc.
DTNA Shows Detroit Assurance Safety Technologies
MIAMI — Daimler Trucks North America demonstrated its new proprietary safety technologies here Nov. 14 as it continues to advance its vertical integration strategy.
JBS Carriers to Offer Retention Bonuses
JBS Carriers said it plans to begin a new retention-bonus program in January to reward its drivers and reduce turnover.
November 14, 2014Omnitracs Renames Predictive Analytics Unit, Promotes Croke to Lead Business
Trucking technology supplier Omnitracs has renamed its predictive analytics business and promoted Dean Croke to vice president to lead the unit.
November 14, 2014Few Drivers Harassed While Using Electronic Logging Devices, Survey Finds
About 2% of truck drivers who use electronic logging devices have experienced a carrier interaction that they considered to be harassment and that they associated with the HOS-logging capabilities of the ELD, according to a Federal Motor Carrier Safety Administration driver survey released Nov. 13.
Intermodal Rail Volume Increases 2.2% for Week
U.S. rail intermodal traffic increased 2.2% in the week ended Nov. 8 compared with the same week last year, the Association of American Railroads reported.
November 14, 2014Business Inventories Rise 0.3%
Business inventories rose 0.3% in September, and sales were flat, the Commerce Department reported Nov. 14.
November 14, 2014UPS Sees Wider Margins as E-Tailing Nears Business Volume
United Parcel Service Inc. sees the boom in online retailing as an opportunity, not a threat, as the delivery company devises new tactics to make e-commerce more profitable, Chief Executive Officer David Abney said.
November 14, 2014Price of Imported Goods Drops by Most in Two Years
The price of imported goods posted its biggest drop in more than two years, the U.S. Labor Department reported Nov. 14.
November 14, 2014Retail Sales Showed Broad-Based Gain in October
American consumers ate out and shopped for clothes in October, enjoying a windfall from cheaper gasoline and prompting a rebound in retail sales heading into the holiday-shopping season.
November 14, 2014