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.
MAN’s Truck Orders Rise; Holds Full-Year Sales Forecast
European truck maker MAN SE's orders rose 10% in the third quarter and the company held to its full-year sales forecast, Bloomberg reported Wednesday.
November 2, 2011Wabash National Posts 3Q Profit on Higher Trailer Sales
Wabash National Corp. reported a third-quarter profit, turning around a loss in the same quarter last year, as trailer shipments hit their highest level in five years.
November 2, 2011Pilot Flying J to Purchase Seven Midwest Travel Centers
Pilot Flying J will acquire seven travel centers in Iowa, Kansas, South Dakota and Nebraska from Bosselman Travel Centers, the two said Tuesday.
November 1, 2011Arizona Seeks Federal OK to Toll Stretch of I-15
Arizona has formally asked the federal government for permission to toll its 29-mile section of Interstate 15, but the governor of neighboring Utah and the trucking industry are pushing back against the proposal.
UPS Offers Full Visibility for Freight Pickups
UPS Freight, the less-than-truckload division of UPS Inc., said Tuesday it was offering a new feature to allow customers full visibility of LTL shipments.
November 1, 2011Diesel Continues to Rise, Gaining 6.7¢ to $3.892 a Gallon in Third Straight Increase
Diesel rose for the third straight week, gaining 6.7 cents to $3.892 a gallon, the Department of Energy said.
November 1, 2011ISM Manufacturing Index Slips in October
U.S. manufacturing activity declined in October but showed expansion for a 27th consecutive month, the Institute for Supply Management said Tuesday.
November 1, 2011Construction Spending Rises in September
Construction spending edged up 0.2% in September, the second straight monthly increase, the Commerce Department said Tuesday.
November 1, 2011Expeditors’ Third-Quarter Profit Improves
Logistics firm Expeditors International of Washington said Tuesday its third-quarter profit rose 11% to $107 million, or 50 cents a share, from $96 million, or 44 cents, a year ago.
November 1, 2011FMCSA Streamlines Registration Process
The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.