Business

About Business News...

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.

Business, Logistics

DHL Pulls Out of China’s Domestic Market

Two months after exiting Canada’s domestic market, DHL Express said it is leaving China.

July 8, 2011
Business, Logistics

Echo Global Logistics Buys Advantage Transport

Echo Global Logistics said Thursday it has acquired Phoenix truckload brokerage firm Advantage Transport for an undisclosed sum.

July 8, 2011
Business, Logistics

Dupré Logistics Offers Cryogenic Transport

Dupré Logistics LLC said it has added dedicated cryogenic transportation to its service offerings.

July 8, 2011
Business

Wholesale Inventories Rise 1.8%

Wholesale inventories rose 1.8% in May, led by the biggest jump in automobile inventories in five years, the Commerce Department said Friday.

July 8, 2011
Business, Logistics

Intermodal Traffic Rises 2.5% for Week

Intermodal traffic rose 2.5% last week from a year ago, the Association of American Railroads reported.

July 8, 2011
Business

ATA, Farm Groups Welcome U.S.-Mexico Cross-Border Trucking Agreement

American Trucking Associations and several agricultural organizations said they welcomed the cross-border trucking agreement signed between the United States and Mexico on Wednesday.

July 7, 2011
Business, Technology

E&MU: GPS Helps Guide First Responders

When lives hang in the balance, the route to an emergency must be clear — and clearly communicated — to first responders. For firefighters and emergency medical technicians responding to such calls, getting lost isn’t an option. That’s where computer-aided dispatch systems come in. They incorporate Global Positioning System devices, digital maps and routing software to calculate the fastest route.

July 7, 2011
Business

Initial Jobless Claims Drop by 14,000 for Week

Initial jobless claims fell by 14,000 to 418,000 last week, the Labor Department said Thursday.

July 7, 2011
Business

Court Backs ABF in Reversing Appeal Dismissal

A federal appeals court Wednesday reversed a lower court’s dismissal of ABF Freight System’s suit against YRC Worldwide and the Teamsters union, sending the case back to district court for “further proceedings.”

July 7, 2011
Perspective, Business, Safety

Opinion: Please, DOT, Flip the Switch for PSP

When the Federal Motor Carrier Safety Administration finally launched its Pre-Employment Screening Program in May 2010, it represented a huge leap forward for improving the safety of America’s highways.

July 7, 2011