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 Trade Exceeds $100 Billion in October
Trade among the United States, Canada and Mexico grew to $103.5 billion in October, the first time it has exceeded $100 billion, the Department of Transportation reported.
January 7, 2014TTPG Launches Truck Fleet Management
Transport Topics Publishing Group has announced the launch of Truck Fleet Management, a magazine and website focused on the ownership and operation of vocational, public, utility and other diversified commercial fleets.
January 7, 2014Union Leaders Endorse New UPS Freight Deal, Clearing Way for Vote
Local Teamsters leaders cleared the way for members in UPS Inc.’s Freight unit to vote on a new tentative contract that comes seven months after the company’s original proposal was rejected by the union by a wide margin.
Steve O’Kane to Retire at A. Duie Pyle
A. Duie Pyle Cos. President Steve O’Kane is retiring this month, and Randy Swart was named chief operating officer to lead the less-than-truckload operation.
Maersk to Sell Stake in Supermarket to Focus on Transport, Energy
A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported.
January 7, 2014Record Cold Halts Some Planes, Trains
The record cold across the Midwest contributed to the cancellation of thousands of flights and stopped some trains in Chicago, Bloomberg News reported.
January 7, 2014Vipar Acquires Power Heavy Duty
Aftermarket truck-parts chain Vipar Heavy Duty Inc. said it has purchased the Power Heavy Duty network of parts stores.
January 7, 2014Trade Deficit Declines to Four-Year Low
The U.S. trade deficit declined in November to a four-year low, the Commerce Department reported Jan. 7.
January 7, 2014Diesel, Gasoline Each Rise Slightly
Diesel and gasoline each edged up by less than a penny, with diesel rising 0.7 cent to $3.91 a gallon, the Department of Energy reported Jan. 6.
Lobbyist Phillips to Leave ATA
Mary Phillips, the chief lobbyist for American Trucking Associations for more than three years, will leave ATA on Jan. 7 to open her own government-affairs consulting firm.