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.
Eaton Launching New Heavy-Duty Transmissions
Eaton Corp. said it is launching its Fuller Advantage Series of heavy-duty transmissions, whose new features include reduced weight and higher efficiency, designed to help increase fuel economy.
March 1, 2013ISM Manufacturing Index Improves in February
U.S. manufacturing activity rose in February, the Institute for Supply Management said Friday.
March 1, 2013Trimac’s 4Q Income Falls
Trimac Transportation Ltd.’s fourth-quarter earnings fell to C$2.9 million, or 10 cents per unit, from C$4.2 million, or 17 cents, a year ago.
March 1, 2013TransForce Reports Higher 2012 Income, Revenue
TransForce Inc. said Friday its fourth-quarter profit slipped from a year ago, but its full-year profit jumped 51% as revenue rose to a record.
March 1, 2013Construction Spending Falls 2.1% in January
Construction spending fell 2.1% in January, the Commerce Department said Friday.
March 1, 2013Consumer Confidence Rises in February
Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 1, 2013Intermodal Traffic Rises 11% for Week
U.S. rail intermodal traffic rose 11% to 238,083 units last week over the same week a year ago, the Association of American Railroads said.
March 1, 2013Personal Spending Rises in January as Incomes Drop
Personal spending rose 0.2% in January as incomes fell by the most in 20 years, the Commerce Department said Friday.
March 1, 2013Commercial Vehicle Group CEO Dunn to Retire This Year
Component supplier Commercial Vehicle Group said Friday that CEO Mervin Dunn will retire this year but will remain in the post until a successor is appointed.
March 1, 2013Nafta Surface Trade Slips 3.2% in December
Surface trade among the United States, Canada and Mexico fell 3.2% in December from the same month a year earlier, the Department of Transportation said Thursday.
February 28, 2013