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.
Retail Sales Rise 0.8% in July
Retail sales increased 0.8% in July, the Commerce Department said Tuesday.
August 14, 2012Cooper Tire’s 2Q Income Rises
Cooper Tire & Rubber Co.’s second-quarter net income rose to $52 million, or 82 cents a share, from $12 million, or 18 cents, a year ago.
August 14, 2012Diesel Rises for Sixth Week, Up 11.5¢ to $3.965; Gasoline Rises 7.6¢ to $3.721 a Gallon
Diesel rose 11.5 cents to $3.965 a gallon, its sixth straight gain, while gasoline rose 7.6 cents to $3.721 the Department of Energy said.
August 14, 2012Gasoline Rose 18¢ in Past Two Weeks to $3.69 a Gallon, Lundberg Reports
Gasoline rose 18 cents in the past two weeks to $3.69 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
August 13, 2012FedEx Freight Driver Named Truck Driving Grand Champion
Don Logan, a FedEx Freight driver from Topeka, Kan., was named the Grand Champion at the 2012 National Truck Driving Championships.
August 13, 2012Xata Corp. Changes Name, Introduces Mobile Platform
Xata Corp. has changed its name to XRS Corp., to go along with a new mobile platform the company unveiled during the Xata User Event in Minneapolis.
August 13, 2012PeopleNet Debuts Alert Add-On for iPad App, Other Product Upgrades at Customer Meeting
BOCA RATON, Fla. — PeopleNet Communications Corp. unveiled three new products here, including a critical events alert system for the iPad to give customers additional mobile communications options.
August 13, 2012Contrans’ 2Q Income Improves
Canadian carrier Contrans Group’s second-quarter profit rose, in part on acquisitions, the company said.
August 13, 2012Contrans’ 2Q Income Improves
Canadian carrier Contrans Group’s second-quarter profit rose, in part on acquisitions, the company said.
August 13, 2012Opinion: Appreciating Trucking’s Champions
This weekend, hundreds of competitors rose from relative obscurity to grab a share of glory in front of enthusiastic, if at times partisan, fans.
August 13, 2012