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

TMW Systems Buys Appian Logistics

Transportation software maker TMW Systems said that it has acquired privately held Appian Logistics Software. Terms were not disclosed.

May 20, 2011
Business, Logistics

Menlo Expands Services for Bobcat

Menlo Worldwide Logistics said it is expanding manufacturing for Bobcat Co. and will be hiring about 35 workers in the next few weeks.

May 20, 2011
Business, Logistics

Weekly Intermodal Traffic Rises 11.2%

Intermodal traffic increased 6.3% last week from a year ago, the Association of American Railroads reported.

May 20, 2011
Government, Business, Safety

New Study Supports Boston Hazmat Ban

A new study has concluded that Boston should ban the transport of nearly all nonradioactive hazardous materials through the downtown and North End areas to protect the public.

Eric Miller | Senior Reporter
May 20, 2011
Business, Logistics

TransForce’s 1Q Earnings Decline

Canadian transporter TransForce Inc. said its first-quarter net earnings fell to C$14.9 million, or 15 Canadian cents a share, from C$26.1 million, or 27 cents, in a year earlier.

May 19, 2011
Business

Existing Home Sales Fall 0.8%

Existing home sales fell 0.8% in April, the National Association of Realtors said Thursday.

May 19, 2011
Business, Equipment

Philadelphia Manufacturing Index Slows

Manufacturing activity in the Philadelphia region slowed in May, the Federal Reserve Bank of Philadelphia said Thursday.

May 19, 2011
Business

Leading Indicators Fall in April

An index of leading economic indicators fell 0.3% in April after nine months of gains, the New York-based Conference Board said Thursday.

May 19, 2011
Business, Equipment

C. R. England to Lease Kenworth LNG Tractors

Truck and engine manufacturer Paccar Inc. said it has reached agreement to lease new Kenworth T800 day cab tractors with 15-liter liquefied natural gas engines to a division of truckload carrier C.R. England Inc.

Frederick Kiel | Staff Reporter
May 19, 2011
Business

Jobless Claims Drop 29,000 in Week

Initial jobless claims fell 29,000 to 409,000 last week, the Labor Department reported Thursday.

May 19, 2011