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

Greg Lehmkuhl Named President of Con-way Freight

Con-way Inc. late Thursday named Greg Lehmkuhl president of Con-way Freight, its less-than-truckload and largest business unit.

September 23, 2011
Business, Logistics

Weekly Intermodal Traffic Gains 0.9%

Intermodal traffic increased 0.9% for the week ended Saturday from a year ago as volumes climbed for both containers and trailers, the Association of American Railroads said.

September 23, 2011
Perspective, Business

Opinion: Small Firms Can Fight Cargo Theft

Cargo thefts are at an all-time high, but so are innovative new surveillance, tracking and security products their makers claim can prevent or reduce thefts or hijacking and help locate stolen freight — for a price.

September 23, 2011
Business, Technology

Con-way Launches Smart Phone App

Con-way Freight has launched a smart phone application that enables customers to create personalized rate quotes for shipments in the United States and Canada.

September 23, 2011
Business

ATRI Report Identifies Worst Congestion Bottlenecks

The American Transportation Research Institute in a new report has identified the worst traffic bottlenecks affecting truckers around the country.

September 22, 2011
Business

FedEx’s 1Q Profit Improves; Company Trims Full-Year Outlook

FedEx Corp.’s fiscal first-quarter improved from a year ago, but the company trimmed its full-year earnings forecast slightly on higher fuel costs and a moderate economic growth outlook.

September 22, 2011
Business, Fuel

Pickens Says Natural Gas Trucks Will Soon Cost the Same as Diesel

GRAPEVINE, Texas — The cost differential between natural gas powered trucks and their diesel versions is fast dissolving and will soon disappear, according to investor T. Boone Pickens.

September 22, 2011
Business

Senate Panel Passes Maine, Vermont Heavy-Truck Measure

A Senate committee passed a measure that would permanently allow trucks weighing up to 100,000 pounds on Maine and Vermont’s interstate highways.

September 22, 2011
Business

Leading Economic Indicators Rise in August

An index of leading economic indicators continued to rise in August, the New York-based Conference Board said Thursday.

September 22, 2011
Business, Fuel

Ryder Offers Leasing Program for Green Trucks

Ryder System has launched a new lease program that offers private companies the option to incorporate alternative fuel vehicles into their fleets.

September 22, 2011