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.
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.
Verizon Launches Asset Tracking Product
Verizon Enterprise Solutions introduced a new GPS asset-tracking product Nov. 14.
November 14, 2013N.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.
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.
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, 20133Q 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, 2013Trade 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, 2013Weekly Jobless Claims Decline by 2,000
Jobless claims declined by 2,000 for the week ended Nov. 9, Bloomberg News reported.
November 14, 2013Supply 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, 2013Panel 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.