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.
Construction Spending Rises 0.3%
Construction spending rose in April for a second straight month, the Commerce Department said Friday.
June 1, 2012ISM Manufacturing Index Slips in May
U.S. manufacturing activity slowed in May but showed continued expansion, the Institute for Supply Management said Friday.
June 1, 2012O&S Trucking Files for Bankruptcy
O&S Trucking, Springfield, Mo., has filed for Chapter 11 bankruptcy protection, the Springfield News-Leader reported Thursday.
June 1, 2012Personal Spending Rises in April
Consumer personal spending rose 0.3% in April as incomes increased, the Commerce Department said Friday.
June 1, 2012ATA Tells Congress Security Efforts Must Be Risk-Based
Efforts to protect the nation’s transportation system from terrorist attack should promote information sharing between the public and private sectors and focus on areas most at risk, a trucking executive told a Congressional panel.
Radiant Logistics Opens Center in Charlotte
Radiant Logistics Inc. has opened a new location in Charlotte, N.C., for its Distribution by Air network.
June 1, 2012Oil Falls to 10-Month Low Under $87 a Barrel
Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012Senator Asks DOT to Create Freight Initiative
Sen. Maria Cantwell (D-Wash.) has asked Transportation Secretary Ray LaHood to create a multimodal freight initiative within the Department of Transportation.
Trimac to Acquire Ontario Bulk Carrier
Canadian bulk trucking company Trimac Transportation said it will acquire Ontario-based specialized bulk carrier Liquid Cargo Lines.
May 31, 2012Chicago Manufacturing Activity Slows
Manufacturing activity in the Chicago area slowed in May but showed continued expansion, the Institute for Supply Management-Chicago said Thursday.
May 31, 2012