Business

About Business News...

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.

Business

Freight Haulers Sending Philippines Money, Logistics Help

Freight haulers are pledging aid, both cash and logistics help, to relief efforts in the Philippines, parts of which were devastated by a massive typhoon Nov. 8 that has left at least 4,460 dead and 660,000 homeless.

Michele Fuetsch | Staff Reporter
November 14, 2013
Business, Technology

Verizon Launches Asset Tracking Product

Verizon Enterprise Solutions introduced a new GPS asset-tracking product Nov. 14.

November 14, 2013
Government, Business

N.Y. Improperly Spending Toll Revenue, ATA Says in Lawsuit

Officials with the New York State Thruway, a major artery for commercial trucking, are improperly spending millions of dollars in toll revenues annually on the state’s mostly recreational canal system, according to a federal class-action lawsuit filed Nov. 14 by American Trucking Associations.

Eric Miller | Senior Reporter
November 14, 2013
Government, Business

AAR Asks PHMSA to Tighten Tank Car Rules

A freight railroad trade group said it has asked the Department of Transportation to tighten federal regulations on rail tank cars for hauling flammable liquids.

Jonathan S. Reiskin | Associate News Editor
November 14, 2013
Business, Fuel

Clean Energy to Supply LNG to UPS Stations in Texas

Clean Energy Fuels Corp. announced that it has signed an agreement to provide liquefied natural gas for two private UPS stations in Texas.

November 14, 2013
Business, Government, Safety

3Q Productivity rises 1.9%

U.S. workers’ productivity rose at a 1.9% annual rate in the third quarter, the Labor Department reported.

November 14, 2013
Business

Trade Deficit Rises 8% in September

The U.S. trade deficit increased 8% in September to a four-month high, the Commerce Department reported Nov. 14.

November 14, 2013
Business

Weekly Jobless Claims Decline by 2,000

Jobless claims declined by 2,000 for the week ended Nov. 9, Bloomberg News reported.

November 14, 2013
Business, Technology

Supply Chain Software Firm Accellos Acquires Profitsystems

Supply chain software company Accellos announced that it has acquired technology firm Profitsystems. Terms were not disclosed.

November 13, 2013
Government, Business

Panel Recommends Including Logistics Companies in SmartWay

SmartWay should be expanded to include the other freight modes besides trucking and should recruit members among the logistics companies that steer work to drayage haulers at ports, said a special advisory panel to the Environmental Protection Agency.

Michele Fuetsch | Staff Reporter
November 13, 2013