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.
Deadline Extended in East/Gulf Coast Port Contract Talks
Management and labor negotiators in the East and Gulf Coast port contract talks have agreed to a 90-day extension of a contract that was due to expire on Sept. 30, giving the two sides more time to “focus on the outstanding core issues in a deliberate manner.”
European Regulators Undecided on UPS-TNT Deal
European Union antitrust regulators have not decided on whether to object to UPS Inc.’s bid to buy Dutch package firm TNT Express, Reuters reported Friday.
September 21, 2012FMCSA to Hold Listening Session on Oilfield HOS Exemption
Federal regulators will hold a listening session near Dallas next week on recent regulatory guidance that restricts use of an hours-of-service exemption for truckers involved oil and gas exploration.
September 21, 2012Intermodal Traffic Gains 3.9% for Week
U.S. intermodal traffic rose 3.9% last week over the same week a year ago, the Association of American Railroads reported.
September 21, 2012Virginia Program Helps Veterans Get CDLs
The Virginia Department of Motor Vehicles has streamlined the commercial driver’s license application process for veterans with truck driving experience.
September 21, 2012ATRI Seeks Industry’s Input on Truck Parking
The American Transportation Research Institute is seeking the trucking industry’s input in a new survey the group has launched on truck parking information needs and system requirements.
September 21, 2012Leading Economic Indicators Fall
An index of leading economic indicators fell 0.1% in August, the New York-based Conference Board said Thursday.
September 20, 2012Philadelphia Factory Index Contracts for Fifth Month
Manufacturing activity in the Philadelphia region contracted for a fifth straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 20, 2012Norfolk Southern Sees Lower 3Q Income
Norfolk Southern Corp. said its third-quarter net income will be below a year ago on lower revenue from coal, general merchandise and fuel surcharges.
September 20, 2012C.H. Robinson to Acquire Poland’s Apreo Logistics
Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.
September 20, 2012