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.
J.B. Hunt's Income Rises in Second Quarter
J.B. Hunt Transport Services’ net income increased in the second quarter to $93.4 million, or 79 cents per share, from $87.7 million, or 73 cents per share.
July 15, 2014Navistar Ships SCR-Equipped Vocational Models
Navistar Inc. has begun customer shipments of International vocational trucks with two versions of its in-house 9.3-liter engine that are equipped with selective catalytic reduction emissions technology, the company announced.
July 15, 2014NTSB Approves Safety Regulations at I-5 Bridge Hearing
The National Transportation Safety Board on July 15 said poor preparation on the part of a trucking company, a distracted pilot escort driver, and a weak permitting process by Washington transportation officials resulted in last year’s collapse of the Interstate 5 bridge.
FMCSA Unveils New Hazardous Material Route Registry
The Federal Motor Carrier Safety Administration on July 14 unveiled an updated list of routes truckers are not allowed to use for carrying hazardous materials.
DOT Secretary Foxx Pushes for Long-Term Highway Funding
Transportation Secretary Anthony Foxx will continue to advocate for long-term funding to pay for highway construction projects during an appearance at the National Press Club today at 1 p.m. EDT.
Container Volume Rises 16.5% in June at Port of Los Angeles
The Port of Los Angeles said import container volume rose 16.5% in June from a year ago.
July 15, 2014Business Inventories Rise in May
Business inventories rose 0.5% in May, and sales increased 0.4%, the Commerce Department reported July 15.
July 15, 2014Manufacturing in New York Area Rises to Highest Level Since 2010
Manufacturing activity in the New York region increased in July to the highest level since April 2010, the Federal Reserve Bank of New York said July 15.
July 15, 2014Retail Sales Rise in June
Retail sales showed a broad-based gain in June, which probably helped the U.S. economy rebound in the second quarter.
July 15, 2014Import Prices Rise in June
The price of goods imported to the United States increased in June, the Labor Department reported July 15.
July 15, 2014