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.
Intermodal Traffic Rises 5.2% for Week
U.S. intermodal traffic rose 5.2% for the week ended Saturday from a year ago, the Association of American Railroads reported.
November 18, 2011Leading Economic Indicators Improve
An index of leading economic indicators rose in October by the most in eight months, the New York-based Conference Board said Friday.
November 18, 2011Trailer Bridge to Be Delisted by Nasdaq
A day after announcing its bankruptcy filing, Trailer Bridge said late Thursday that its stock will be delisted by Nasdaq on Nov. 28.
November 18, 2011Philadelphia Manufacturing Growth Slows
Manufacturing activity in the Philadelphia region declined this month but showed expansion, the Federal Reserve Bank of Philadelphia said.
November 18, 2011Housing Starts Dip in October
Housing starts slipped 0.3% in October but building permits jumped to their highest level in almost a year and a half, the Commerce Department said Thursday.
November 17, 2011Jobless Claims Decline to Lowest Level Since April
Initial jobless claims decreased by 5,000 last week to 388,000, the lowest level in seven months, the Labor Department said Thursday.
November 17, 2011Equity Firm Increases Investment in Syncreon
Private equity firm GenNx360 Capital Partners on Thursday announced it has increased its investment in and ownership of syncreon, a global logistics and supply chain company.
November 17, 2011Iowa Reopens 3-Mile Stretch of I-680 After Summer Flooding Destroyed It
Iowa reopened a 3.1-mile section of Interstate 680 near the Nebraska state line earlier this month after a complete reconstruction of the road that took only 34 days.
November 17, 2011Oil Tops $100 for First Time Since June
Oil jumped above $100 a barrel Wednesday, closing over that level for the first time in five months, Bloomberg reported.
November 16, 2011Volvo’s North American Deliveries Rise 43%
Volvo AB’s North American truck deliveries rose 43% in October from a year ago, to 4,045 units, the company said Wednesday.
November 16, 2011