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.
Mack Showcases Pink Truck for Breast Cancer Awareness
Mack Trucks Inc. is displaying a pink Pinnacle Axle Back model at its headquarters in Greensboro, North Carolina, to help increase breast cancer awareness.
October 16, 2014Clean Energy Buys Controlling Stake in ‘Virtual Pipeline’ Company
Clean Energy Fuels Corp. said it has acquired a controlling stake in the “virtual pipeline” company NG Advantage and bought its compression station in Milton, Vermont.
October 16, 2014Industrial Output Rises by Most Since November 2012
Industrial production in the U.S. rose in September by the most since November 2012, driven by a surge at utilities and a rebound in manufacturing.
October 16, 2014Manufacturing Activity Cools in New York Region
Manufacturing activity in the New York region cooled in October, the Federal Reserve Bank of New York said.
October 16, 2014Economy Expands Modestly as Transportation Sector Grows, Fed Says
The economy continued to expand modestly from late August to early October as the transportation services sector generally grew, the Federal Reserve said.
October 16, 2014Jobless Claims Drop to 14-Year Low
Applications for unemployment benefits in the U.S. unexpectedly dropped last week to their lowest level in 14 years as employers avoided trimming staff even as global growth weakens.
October 16, 2014Analysis: A Rookie Leader’s Perspective on Commercial-Vehicle Enforcement
After spending 27 years in field operations hoping someone else would take care of the big rigs, I now find myself with the privilege of leading the Commercial Vehicle Division of the Washington State Patrol.
October 15, 2014CSX's Income Rises to $509 Million
CSX’s net income increased to $509 million, or 51 cents a share, from $455 million, or 45 cents, a year earlier.
October 15, 2014FedEx Freight Workers Vote for Union in Pennsylvania
FedEx Freight drivers at a Philadelphia terminal voted in favor of Teamsters representation, becoming the first workers at the less-than-truckload carrier to become union members.
October 15, 2014All My Sons to Acquire Graebel Van Lines
Top executives at Graebel Cos., based in Aurora, Colorado, announced a deal to sell Graebel Van Lines and the domestic moving and storage operations of Graebel Movers to Robert and Vasilia Peterson, founders of All My Sons Moving & Storage, a company based in Texas, for an undisclosed amount.
October 15, 2014