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.
Opinion: Appreciating What We Take for Granted
In the United States, we have a tendency to take quite a bit for granted. We often gripe about mundane things like our kids’ sports schedules or running through the “Honey-do” list at home.
September 16, 2011UPS Sees Higher Trucking Profits Ahead
UPS Inc. officials Thursday set ambitious financial targets based on profit growth of about 10% companywide, reiterated its adjusted 2011 earnings and said its trucking profits could double over the next three years.
September 15, 2011Volvo’s August North American Deliveries Rise 57%
Volvo AB’s North American truck sales rose 57% in August from a year ago to 3,096 units, the company said Thursday.
September 15, 2011Industrial Production Rises 0.2%
Industrial production increased for the fourth straight month, rising 0.2% in August, the Federal Reserve said Thursday.
September 15, 2011Consumer Price Index Rises 0.4% in August
The consumer price index rose 0.4% in August as food, energy and housing costs increased, the Labor Department said Thursday.
September 15, 2011N.Y. Manufacturing Index Contracts for Fourth Month
Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.
September 15, 2011Initial Jobless Claims Rise to Highest Level Since June
Initial jobless claims climbed by 11,000 last week to 428,000, the highest level in nearly three months, the Labor Department said Thursday.
September 15, 2011Jacobson Expands In Asia
Third-party logistics operator Jacobson Cos. is expanding in Asia through the acquisition of G-Link Express Logistics assets, the company announced.
September 15, 2011Inspiron Logistics Launches Fleet Notification System
Inspiron Logistics announced it has launched a new notification system that enables fleet managers to alert trucks and personnel about current weather impacts, route closures and time sensitive information with in-cab voice or text alerts.
September 15, 2011DOT Freight Transport Index Rises 3.8% in July
The Department of Transportation’s July freight transportation services index rose 3.8% from a year ago, DOT said Wednesday.
September 14, 2011