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.
Allison’s First-Quarter Income Declines
Allison Transmission Holdings said its first-quarter income and revenue declined from a year ago, on lower demand from the North American hydraulic-fracturing market.
April 30, 2013Consumer Confidence Improves in April
Consumer confidence rebounded in April from a decline in March, the New York-based Conference Board said Tuesday.
April 30, 2013Chicago Manufacturing Activity Contracts in April
Manufacturing activity in the Chicago area contracted in April, the Institute for Supply Management-Chicago said Tuesday.
April 30, 2013Obama Names Charlotte Mayor Anthony Foxx to Succeed LaHood at DOT
President Obama said Monday he will nominate Charlotte, N.C., Mayor Anthony Foxx to be the next secretary of transportation, succeeding Ray LaHood, who is stepping down.
April 29, 2013Daimler Begins Production of New Transmissions
GAGGENAU, Germany — Full production of Daimler Trucks’ first automated manual transmission for the North American market began here Monday at the company’s machining and assembly plants around this city as officials and journalists toured the facilities.
April 29, 2013Frozen Food Express’ 1Q Loss Narrows
Frozen Food Express Industries said late Monday its first-quarter loss narrowed from a year ago and its less-than-truckload operations improved.
April 29, 2013Eaton’s 1Q Earnings Rise 22%
Eaton Corp. said Monday its first-quarter earnings rose 22% in part due to its $13 billion acquisition of Ireland-based Cooper Industries last year.
April 29, 2013iTECH: Trailer-Tracking Key Is Device’s Power Source
Where is trailer No. 49343? How long has it been there? Is it loaded or empty? When was the door last opened? If it’s a refrigerated trailer, what’s the current temperature inside? Is the reefer unit about to run out of fuel?
April 29, 2013Biodiesel Production Declines in February
U.S. biodiesel production dropped to 68 million gallons in February, from 77.2 million gallons a year ago, the U.S. Energy Information Administration reported Monday.
April 29, 2013Personal Spending Rises 0.2% in March
Personal spending rose 0.2% in March, the Commerce Department said Monday.
April 29, 2013