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.
Leading Economic Indicators Rise; Manufacturing Declines in Philadelphia
An index of leading economic indicators increased 0.3% in January, the New York-based Conference Board said Feb 20.
February 20, 2014Jobless Claims Decline by 3,000
Initial jobless claims declined last week, the Labor Department reported Feb. 20.
February 20, 2014Volvo’s North America Truck Deliveries Jump
Volvo Group’s truck deliveries in North America jumped 113% in January over a year earlier, led by the Volvo brand, the company said.
February 20, 2014Truck Tonnage Rises 1.2%; Growth Held Back by Weather
Truck tonnage rose 1.2% in January, held back by a series of nationwide winter storms, American Trucking Associations announced.
Cummins/Peterbilt ‘SuperTruck’ Reaches 10.7 MPG
A demonstration truck built by Cummins Inc. and Peterbilt Motors Co. achieved a 10.7 mile-per-gallon fuel economy reading last month under real-world driving conditions, the companies announced.
February 19, 2014DTNA Optimistic on 2014 After Strong January
CABO SAN LUCAS, Mexico — Daimler Trucks North America, which achieved nearly a 40% market share in 2013, expressed optimism about the coming year following a strong January.
Industry Reacts Quickly to Obama’s Truck Emissions Proposal
Reaction to President Obama’s call for tighter carbon dioxide emissions rules for trucks poured in quickly with the first wave of comment generally offering approval, although there were also calls for caution, including from American Trucking Associations.
Housing Starts Decline in January
January housing starts dropped 16%, the largest decline since February 2011, the Commerce Department said Feb. 19.
February 19, 2014Producer Prices Rise 0.2% in January
Prices paid to U.S. producers rose 0.2% in January, the Labor Department reported Feb. 19.
February 19, 2014Obama Orders Another Round of Greenhouse-Gas Rules for Trucks
Speaking at a Safeway Inc. distribution center in Maryland on Feb. 18, President Obama ordered his staff to develop a proposed rule further tightening greenhouse-gas emissions by heavy- and medium-duty trucks by March 2015 and to complete the process a year after that.
February 18, 2014