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.
Weekly Intermodal Traffic Rises 1%
Intermodal traffic climbed 1% last week on higher container traffic, the Association of American Railroads reported.
August 26, 2011Rep. Mica to Support Extension of Transportation Spending Plan, Aide Says
Rep. John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, will support a temporary extension of the nation’s transportation spending plan when Congress returns to Washington next month, an aide said.
UPS to Purchase 100 All-Electric Vehicles
UPS announced it will purchase 100 all-electric delivery vehicles to replace older generation diesel trucks in the company's fleet.
August 25, 2011FMCSA Announces $8 Mln. to Improve Pennsylvania Truck and Bus Safety
The Federal Motor Carrier Safety Administration on Thursday announced more than $8 million in federal grants aimed at improving commercial truck and bus safety in Pennsylvania.
August 25, 2011Initial Jobless Claims Rise 5,000 for Week
Initial jobless claims increased by 5,000 last week to 417,000, the Labor Department said Thursday.
August 25, 2011Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations
Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.
August 25, 2011Barber appointed president of UPS Europe
UPS has appointed Jim Barber its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa.
August 25, 2011Roadrunner Transportation to Purchase Prime Logistics Corp.
Roadrunner Transportation Systems said it will purchase Prime Logistics Corp., a third-party logistics firm, for $97.5 million.
August 24, 2011Durable Orders Jump 4% in July
Durable goods orders jumped 4% in July, the largest gain in four months, the Commerce Department said Wednesday.
August 24, 2011International Offers New Lease Program
Navistar Inc.’s International Trucks has introduced a lease program that includes back-to-back three-year leases with fixed payments over the six years.
August 24, 2011