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.
Industrial Production Rises for Fifth Month
Industrial production rose for a fifth straight month in September, led by a gain in automobile output, the Federal Reserve said Monday.
October 17, 2011Russell Gerdin, Founder of Heartland Express, Dies at 70
Russell Gerdin, the founder and former chairman and CEO of Heartland Express Inc., died Friday at the age of 70.
October 17, 2011U.S. Exporters, ATA Welcome Mexican Carrier’s Operating Clearance
The Federal Motor Carrier Safety Administration’s decision to allow a Mexico-based carrier to operate in the United States received praise from U.S. groups whose exports to Mexico will soon be free from retaliatory tariffs.
N.Y. Manufacturing Index Contracts for Fifth Month
Manufacturing activity in the New York region contracted in October for a fifth straight month, the Federal Reserve Bank of New York said Monday.
October 17, 2011Most Publicly Traded Fleets Expect Gains In Earnings for Eighth Straight Quarter
Strong pricing and lower fuel costs should help nearly all publicly traded fleets to report improved profits for an eighth-consecutive quarter, as third-quarter earnings reports roll in over the next several weeks.
October 17, 2011Tank Trailer Demand Booming, Spurred by Oil and Gas Drilling
A surge in tank truck business, spurred by oil and shale gas drilling, is fueling an “incredibly hot” market for tank trailers to haul crude oil, sand and related products, industry officials said.
October 17, 2011Indiana Truckers Deliver Hay to Parched Texas
Truckers from Indiana brought seven truckloads of hay to Texas last week in an effort to help the state’s agriculture industry through one of the worst droughts in its history.
October 17, 2011C.R. England Adds LNG Trucks
Refrigerated carrier C.R. England Inc. said it was introducing its first trucks that run on liquefied natural gas, to be operated out of its Ontario, Calif., dedicated operation division.
October 17, 2011Pilot Flying J to Sell Shorepower’s Products
Pilot Flying J said it plans to offer Shorepower Technologies truck stop electrification products at five truck stops in California and one in Texas.
October 17, 2011OnAsset Intelligence Updates Vision Software
OnAsset Intelligence said it has enhanced its Vision Software product, a software-as-a-service offering that provides shippers with the location and condition of their freight.
October 17, 2011