Business

About Business News...

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.

Business

Arkansas Voters Approve $575 Million for Highways

Arkansas voters on Tuesday overwhelmingly renewed a $575 million bond program to repair more than 400 miles of interstate highways, the Associated Press reported.

November 9, 2011
Business

Wholesale Inventories Dip 0.1% in September

Wholesale inventories dipped 0.1% in September, the first decline since 2009, the Commerce Department said Wednesday.

November 9, 2011
Business, Logistics

Intermodal Volume Rises 1.4% in Third Quarter

Intermodal traffic volume rose 1.4% in the third quarter, the seventh straight quarter of year-over-year gains, the Intermodal Association of North America said.

November 9, 2011
Government, Business

California Truckers Face Jan. 1 Fuel-Efficiency Equipment Deadline

Many large carriers operating in California face a Jan. 1 deadline to have SmartWay-approved fuel efficient aerodynamic technology equipment installed on 15% of their pre-2011 trailer fleet.

Eric Miller | Senior Reporter
November 8, 2011
Business

Mexican Trucking Companies Waiting for Certainty in Cross-Border Program

Most Mexican trucking companies are not willing to make the long-term investments to participate in the latest cross-border pilot program with the United States, in part because of uncertainties over the program’s future, Bloomberg reported Tuesday.

November 8, 2011
Government, Business, Safety, Autonomous

So. Calif. Ports to Ban Trucks Older Than Model Year 2006

Beginning Jan. 1, all trucks with engine year 2006 and older will be banned from marine terminals at the ports of Los Angeles and Long Beach, port officials said.

Eric Miller | Senior Reporter
November 8, 2011
Business, Logistics

XPO Logistics Posts Loss; Sets Executive Appointments

XPO Logistics posted a third-quarter loss, named seven new senior executives and said it was targeting multiple acquisitions in the logistics and freight brokerage field.

November 8, 2011
Business, Logistics

Hub Group Buys Challenge Transportation

Hub Group Inc. said that its Comtrak Logistics Inc. subsidiary has acquired Newark, N.J., intermodal drayage carrier Challenge Transportation. No terms were announced.

November 8, 2011
Business

Cass Freight Index Improves in October

October freight volumes grew modestly but revenue rose strongly, according to the latest freight index report from Cass Information Systems.

November 8, 2011
Business, Fuel

Diesel Dips a Half-Cent to $3.887 a Gallon

Diesel declined for the first time in a month, dipping a half-cent to $3.887 a gallon, while gasoline fell for a third straight week, the Department of Energy said.

November 8, 2011