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.
J.B. Hunt Announces Planned Management Changes
J.B. Hunt Transport Services Thursday designated successors for three members of its management team who plan to retire by the end of this year.
July 22, 2011Chainalytics Buys Crosstown Rival
Chainalytics LLC, a supply chain and consulting firm based in Atlanta, said July 14 it had acquired crosstown counterpart Chainnovations LLC for an undisclosed sum.
July 22, 2011Pilot Freight Debuts First Office in Europe
Pilot Freight Services, a transportation and logistics services provider, said that it has opened its first European location in Amsterdam, Netherlands.
July 22, 2011N.Y.C. Launches Traffic Program to Limit Jams
New York City is hoping to ease midtown Manhattan traffic congestion with new technology that will track the flow of vehicles and allow engineers to control traffic lights in real time, the Associated Press reported.
July 22, 2011Intermodal Traffic Rises 1.2% for Week
Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.
July 22, 2011Vitran Posts Second-Quarter Loss
Vitran Corp. late Thursday reported a second-quarter loss, compared with a profit a year ago.
July 22, 2011Opinion: Train Drivers to Deal With Spills
A transportation accident or emergency release that results in an environmental hazard is, for most businesses, an extraordinary occurrence. Yet every business needs to be prepared for such an event.
July 22, 2011Oil Hits One-Month High Over $99 a Barrel
Oil finished the day Thursday over $99 a barrel on the New York Mercantile Exchange, a one-month high, following a positive economic indicator, Bloomberg reported.
July 21, 2011PeopleNet to Be Acquired by Trimble
PeopleNet Communications, which makes integrated onboard computing and mobile communications systems for the trucking industry, will be acquired by technology firm Trimble Navigation.
July 21, 2011Swift Swings to Second-Quarter Profit
Swift Transportation Co. posted a second-quarter profit compared with a loss a year ago, the company said Thursday.
July 21, 2011