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: Keeping On, Despite Challenges
When we gathered in Phoenix last year, I said I was hopeful that, like the mythical bird the city was named for, our industry was preparing to rise from the ashes of the deep recession we’d just fought through and that, when we came together in Grapevine, as with many things in Texas, things would be “bigger and better” for our industry.
October 16, 2011Letters: Industry Talent, Texting and Tolling, Broker Bond
Accolades to you for the front-page feature article that was published in your Sept. 26 issue and headlined “Transportation Officials Urge National Effort to Attract Next Generation of Industry Talent.”
October 16, 2011Editorial: MCE 2011
This will be a busy week for the leaders of the nation’s trucking industry who will be meeting at American Trucking Associations’ annual Management Conference & Exhibition.
October 16, 2011FMCSA Approves First Permit for Mexican Carrier
The Federal Motor Carrier Safety Administration granted permission to the first Mexican carrier to operate in the United States under the two countries’ cross-border trucking program.
October 14, 2011Investor Carl Icahn Buys 9.8% Stake in Navistar
Billionaire investor Carl Icahn bought a 9.8% stake in Navistar International Corp., making him the second-biggest holder in the company, Bloomberg reported.
October 14, 2011LaHood Says He Will Step Down After 2012
WASHINGTON — Transportation Secretary Ray LaHood said Thursday he will step down from his position if President Obama is re-elected.
Volvo, Mack Say 13-Liter Engines Most Popular Choice for Class 8’s
Volvo Trucks and Mack Trucks said 13-liter engines have become the number one choice of U.S. Class 8 truck customers, and that they sell more 13-liters than any other company.
Business Inventories Rise 0.5%
Business inventories rose 0.5% in August, the Commerce Department said Friday.
October 14, 2011J.B. Hunt’s Third-Quarter Income Rises 32%
J.B. Hunt Transport Services’ third-quarter net income rose 32% to $68.7 million, or 57 cents per share, from $52.2 million, or 41 cents, a year ago.
October 14, 2011Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 14, 2011