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.
Factory Orders Rise 0.3% in September
Factory orders rose 0.3% in September, the Commerce Department said Thursday.
November 3, 2011Quality’s Third-Quarter Income Jumps
Tank truck carrier Quality Distribution’s third-quarter profit jumped on higher energy market revenue.
November 3, 2011Productivity Rises in Third Quarter
U.S. workers’ productivity increased in the third quarter and labor costs declined, the Labor Department said Thursday.
November 3, 2011Jobless Claims Decline for Week
Initial jobless claims fell by 9,000 last week to 397,000, the Labor Department said Thursday.
November 3, 2011Secor Buys Vision Relocation
Logistics provider Secor Group, Washington, D.C., announced it has acquired Vision Relocation Group, Chantilly, Va.
November 3, 2011Frozen Food Express Sets Non-Driving Staff Cuts to Reduce Costs
Frozen Food Express Industries said Tuesday it will reduce its non-driving employee payroll by about 12%, to cut costs, and that a planned equipment sale was ahead of schedule.
November 2, 2011Most Automakers Report Higher U.S. Auto Sales in October
A majority of top automakers said their U.S. sales increased in October from a year ago, Associated Press reported.
November 2, 2011Senate Passes Spending Bill With Maine-Vermont Heavy-Truck Provision
The Senate passed a spending measure Tuesday that would bring higher truck weights back to Maine and Vermont’s interstate highways on a permanent basis.
November 2, 2011Georgia Shippers’ Coalition Pushes for Higher Truck Weights
A coalition of Georgia businesses are pushing for higher truck weight limits, the Associated Press reported.
November 2, 2011Navistar Updates ProStar, TranStar Specs
GRAPEVINE, Texas — Truck and engine maker Navistar Inc. has tweaked the designs and specifications on its Class 8 ProStar and TranStar tractors in order to lure fleet customers with what its management sees as better ways to comply with recent federal regulations.
November 2, 2011