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.
Minn. DOT Testing Cameras to Monitor for Truck Parking Spots
The Minnesota Department of Transportation has said it will test using cameras to help truck drivers find available parking slots.
January 25, 2013Intermodal Traffic Rises 13.5% for Week
U.S. rail intermodal traffic rose 13.5% last week over the same week a year ago, the Association of American Railroads said.
January 25, 2013RSI Logistics Acquires Freight Resources Network
RSI Logistics Inc. said it has acquired transportation software company Freight Resources Network. Terms were not disclosed.
January 25, 2013J.B. Hunt’s 4Q Income Improves
J.B. Hunt Transport Services’ fourth-quarter and full-year profits rose, led by gains at its intermodal and dedicated contract services segments.
January 24, 2013Leading Economic Indicators Rise 0.5%
An index of leading economic indicators rose 0.5% in December, the New York-based Conference Board said Thursday.
January 24, 2013Union Pacific Reports $1 Billion 4Q Profit
Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.
January 24, 2013QualaWash Acquires Two Firms
QualaWash Holdings said it has acquired Shreveport Tank Wash and Tank Wash Specialists. Terms were not disclosed.
January 24, 2013Jobless Claims Fall to Five-Year Low
Initial jobless claims decreased by 5,000 to 330,000 last week to the lowest level in five years, the Labor Department said Thursday.
January 24, 2013Heartland Express Reports Lower 4Q Income; Revenue Rises
Heartland Express said its fourth-quarter profit fell from a year ago, though revenue improved, and the company continued to upgrade its fleet.
January 24, 2013Swift Reports Higher 4Q Profit
Swift Transportation Co. said its fourth-quarter and full-year profit rose and that it recorded the highest quarterly revenue and operating profit in its history.
January 24, 2013