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.
R.R. Donnelley Acquires Express Postal
Printing and mailing company R.R. Donnelley & Sons said it has acquired Express Postal Options International. Terms were not disclosed.
September 13, 2012DOT Freight Transportation Index Rises 1.9%
The Department of Transportation’s freight transportation services index rose 1.9% in July from the same month last year, DOT said Thursday.
September 13, 2012Ryder’s Christopher Barnett Wins TMC’s SuperTech Competition
PITTSBURGH — Christopher Barnett, a technician with Ryder System Inc., won the title of SuperTech grand champion this week, with a consistently strong performance as he navigated a written test and 17 diverse hands-on skills stations designed to challenge the nation’s top truck technicians.
Producer Price Index Rises 1.7%
Prices paid to U.S. producers rose 1.7% in August, reflecting an increase in energy costs, the Labor Department said Thursday.
September 13, 2012Initial Jobless Claims Rise for Week
Initial jobless claims rose last week in the biggest gain in two months, the Labor Department said Thursday.
September 13, 2012DOE Boosts 2012 Diesel Forecast by 12¢, to $3.96 a Gallon
Diesel will average $3.96 this year, the Department of Energy said, boosting its most recent forecast by 12 cents on projected higher crude oil prices.
September 13, 2012Driver Turnover Rate Surges Past 100% at Large Truckload Fleets
The annual driver turnover rate surged in the second quarter, breaking the 100% barrier at large truckload fleets for the first time in more than four years, American Trucking Associations said Wednesday.
September 12, 2012Paccar’s 3Q Truck Production Down 15% to 20% from Second Quarter
Paccar Inc. said its third-quarter truck production will be 15% to 20% lower than the second quarter, “reflecting build-rate adjustments in North America and the normal two-week summer shutdown in Europe.”
September 12, 2012Wholesale Inventories Rise 0.7%
Wholesale inventories increased 0.7% in July, the most in five months, while sales slipped 0.1%, the Commerce Department said Wednesday.
September 12, 2012Import Prices Rise for First Time in Five Months
The price of goods imported to the United States rose in August for the first time in five months, while export prices saw their biggest gain in more than a year, the Labor Department said Wednesday.
September 12, 2012