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.
Trucking Joins to Fight Internet Thieves as Identity Theft, Fake Pickups Increase
Increasingly popular Internet swindles are bringing a new dimension to the chronic problem of theft in the trucking sector, but the industry is uniting to battle this latest threat.
December 9, 2013Diesel Price Rises 3.9¢
U.S. retail diesel prices rose for a second straight week, with the national average gaining 3.9 cents to $3.883 a gallon, while gasoline declined, the Department of Energy reported Dec. 2.
December 9, 2013Cass Freight Index Rises 1% in November
The Cass Freight Index, which measures shipment activity in trucking and other transport modes, increased 1.1% in November from a year ago. Expenditures increased 7.8% from 2012.
December 6, 2013Intermodal Rail Traffic Highest on Record in November
The weekly average intermodal rail volume for November rose to the highest level on record, the Association of American Railroads reported.
December 6, 2013Consumer Confidence Rises to Five-Month High
Consumer confidence rose to the highest level in five months, according to the Thomson Reuters/University of Michigan consumer sentiment index released Dec. 6.
December 6, 2013Trucking Adds 8,400 Jobs; U.S. Unemployment Hits 5-Year Low
The U.S. unemployment rate was 7% in November, the lowest rate in five years, as the trucking industry and the economy as a whole added jobs, the Labor Department reported Dec. 6.
December 6, 2013FedEx Ground Sets 4.9% Rate Increase for 2014
FedEx Ground will raise its 2014 rates by an average 4.9%, the company announced Dec. 5.
December 5, 2013DEF Prices Stable in November
North American prices for diesel exhaust fluid changed little in November, with the U.S. price increasing and the Canadian price dipping, said the Dec. 5 issue of DEF Tracker.
December 5, 2013Safety Technology Could Transform Trucking, Tech Leaders Say
IRVING, Texas — New developments in active safety technology have the potential to dramatically transform the trucking industry, perhaps even culminating someday in driverless trucks, technology leaders told fleet executives here at a meeting organized by American Trucking Associations.
Ingram Micro Buys Shipwire to Expand e-Commerce Services
Ingram Micro Inc., a wholesale distributor of electronics and mobile phones, said it will expand its supply chain services after purchasing Shipwire Inc., a global company that ships products ordered online.
December 5, 2013