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.
Chicago Manufacturing Index Slips
An index of manufacturing activity in the Chicago area slowed in January but showed continued expansion, the Institute for Supply Management-Chicago said Tuesday.
January 31, 2012ATA Promotes Sharma to General Counsel
Prasad Sharma has been promoted to senior vice president and general counsel of American Trucking Associations, ATA said Monday.
January 31, 2012Biodiesel Production Hit 1 Billion Gallons in 2011
The U.S. biodiesel industry produced more than 1 billion gallons of fuel in 2011, the National Biodiesel Board said.
January 30, 2012Hub Group’s 4Q, Full-Year Income Rise
Hub Group’s fourth-quarter profit rose on higher intermodal and logistics revenue.
January 30, 2012Oil Slips Below $99 a Barrel
Oil fell slightly and held under $100 a barrel for a seventh straight trading day Monday on signs that European leaders may not take steps to end their debt crisis, Bloomberg reported.
January 30, 2012Personal Spending Unchanged in December
Consumer personal spending was unchanged in December following a 0.1% gain the previous month, the Commerce Department said.
January 30, 2012Stretch of I-75 Closed Following Deadly Weekend Pileup in Fla.
Florida state police were investigating a huge weekend pileup on Interstate 75 near Gainesville, Fla., that killed 10 people as cars and trucks drove into dense fog and smoke, and a section of the highway remained closed Monday, news services reported.
January 30, 2012Ferro: FMCSA in 2012 Will Mandate EOBRs, Revise CSA, Set Medical Examiner Standards
WASHINGTON — The Federal Motor Carrier Safety Administration will move forward in 2012 with regulations concerning medical examiners, a drug and alcohol clearinghouse for drivers and electronic onboard recorders, as well as changes to its Compliance, Safety, Accountability program, Administrator Anne Ferro said.
January 30, 2012McLeod, Skybitz Debut Software Upgrades
McLeod Software and SkyBitz Corp. have announced upgrades to their technology offerings.
January 30, 2012BAE, Caterpillar Team to Develop New Engine
BAE Systems has signed a 20-year agreement with Caterpillar to collaborate on a parallel hybrid electric engine for heavy-duty trucks.
January 30, 2012