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.
Teamsters See UPS Package Contract Headed for Approval
The Teamsters union said that the master contract for its UPS Inc. package workers appears headed for rank-and-file approval, and that talks will resume with the package carrier to resolve issues that were rejected in side agreements.
May Trailer Orders Slip 1%
New trailer orders for May slipped 1% from a year ago to 15,660 units, according to ACT Research.
June 26, 2013Cheetah Partners with Samsung for Increased Device Integration
Logistics software company, Cheetah Software Systems Inc. said it has partnered with Samsung so its logistics software can be more integrated with the cell phone manufacturers devices.
June 26, 2013California Trucking Association CEO to Retire
California Trucking Association CEO Michael Campbell said he will retire as soon as his successor is selected.
June 25, 2013N.C. Approves Governor’s Funding Plan, Reallocates State Road Money
North Carolina lawmakers gave final approval to Gov. Pat McCrory’s transportation reform bill, a measure that changes how road funding money is distributed in the state.
Penske Truck Leasing Orders 100 CNG Freightliner Tractors
Penske Truck Leasing today said Tuesday it has ordered 100 compressed natural gas Freightliner Cascadia tractors equipped with Cummins Westport 12-liter engines.
June 25, 2013OEMs to Display AltFuel Trucks, Talk Technology at This Week’s ACT Expo
Truck original equipment manufacturers are scheduled to display units powered by alternative fuels at this week’s Alternative Clean Transportation Expo in Washington.
June 25, 2013Navistar’s CFO Stepping Down
Truck and engine maker Navistar International Corp. said Chief Financial Officer Andrew Cederoth will leave the company by the end of June.
June 25, 2013New Home Sales Rise 2.1% to Five-Year High
New home sales rose 2.1% to an almost five-year high in May, the Commerce Department reported Tuesday.
June 25, 2013Consumer Confidence Rises in June
Consumer confidence rose in June, the New York-based Conference Board said Tuesday.
June 25, 2013