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.
October Retail Sales Decline
Retail sales fell in October for the first time in four months, the Commerce Department said Wednesday.
November 14, 2012Producer Price Index Falls 0.2%
Prices paid to U.S. producers fell 0.2% in October for the first time in five months, the Labor Department said Wednesday.
November 14, 2012Contrans’ 3Q Income Improves
Canadian carrier Contrans Group’s third-quarter profit rose, in part on acquisitions, the company said.
November 14, 2012DOE Releases 100,000 Barrels of Diesel to Connecticut Following Sandy
The Department of Energy is releasing 100,000 barrels of diesel fuel to the state of Connecticut as part of the ongoing recovery efforts from Hurricane Sandy.
November 13, 2012GE Sets $200 Million for Clean Energy Corp. LNG Expansion
GE Energy Financial Services said Tuesday it is providing $200 million to Clean Energy Corp. for two liquefied natural gas plants.
November 13, 2012Roadrunner Buys A&A Express
Roadrunner Transportation Systems said it has acquired South Dakota-based truckload carrier A&A Express for about $24 million.
November 13, 2012Trimble’s Earnings Surge, Aided By PeopleNet, TMW
Trimble Navigation Ltd., the parent company of PeopleNet Communications Corp. and TMW Systems Inc., said its third-quarter profit nearly doubled from last year.
November 13, 2012DOE Launches Online Tool for Alternative Fuel
The Department of Energy’s National Renewable Energy Laboratory launched an online tool for fleet managers to evaluate the benefits of using alternative fuels.
November 13, 2012Qualcomm’s Earnings Rise for 4Q, Year
Wireless technology and service provider Qualcomm Inc. reported a higher profit for both its fiscal fourth quarter and fiscal year.
Letters: Driver Pay Revisited
This is in reference to a story headlined “Design Transportation Offers Higher Driver Pay, Bonuses,” which appeared in the Oct. 22 issue on p. 11.
November 12, 2012