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.
Nafta Surface Trade Grows 6.5% in December
Surface trade among the United States, Canada and Mexico increased 6.5% in December, the Department of Transportation announced.
February 27, 2014Vancouver Port Work Stoppage Could Hamper Operations, Official Warns
A work stoppage among truckers at Port Metro Vancouver could soon hamper operations at the facility, a port official said.
February 27, 2014Durable Goods Orders Decline in January
Orders for durable goods declined in January, the Commerce Department reported.
February 27, 2014Jobless Claims Rise Last Week
Initial jobless claims increased last week, the Labor Department reported Feb. 27.
February 27, 2014Businesses Urge Highway Bill to Help Freight Movement
Trucking and other industries that rely on highways to move goods pressed Congress again Feb. 26 to pass a fully funded, long-term surface transportation bill to improve the nation’s highways.
Echo Global Acquires Comcar Logistics
Echo Global Logistics Inc. said it has acquired Comcar Logistics, the truckload brokerage unit of Comcar Industries.
February 26, 2014Quality Distribution Reports Loss in 4Q
Quality Distribution Inc. reported net losses in the fourth quarter and full-year 2013, driven primarily by various noncash charges.
February 26, 2014Trailer Orders Jump 28% in January
January orders for truck trailers rose 28% over the previous year, ACT Research reported.
February 26, 2014Kalmar Ottawa Debuts New Terminal Tractor
Kalmar Ottawa announced a newly designed terminal tractor, the T2, after two years of research and testing.
February 26, 2014New Home Sales Rise to Five-Year High
New home sales increased 9.6% in January, the biggest rise in more than five years, the Commerce Department reported Feb. 26.
February 26, 2014